Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Isn't the Swedish economy in CA plus due to trade with Germany?

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Thu Dec 15th, 2011 at 02:55:41 PM EST
[ Parent ]
I'd say Sweden has a CA deficit with Germany.

Exports (2010)--SEK 728.2 billion (U.S. $102.9 billion). Imports (2010)--SEK 687.6 billion (U.S. $97.2 billion).

Major trading partners, exports (2010)--Germany 10.1%, Norway 9.9%, U.K. 7.6%, U.S. 7.3%, Denmark 6.5%, Finland 6.2%, France 5.1%, Netherlands 4.7%, Belgium 3.9%, China 3.1%.

Major trading partners, imports (2010)--Germany 18.3%, Norway 8.7%, Denmark 8.5%, Netherlands 6.4%, U.K. 5.7%, Finland 5.2%, Russia 4.9%*, France 4.8%, Belgium 3.9%, China 3.9%.

* This is mainly oil, especially heavy/sour gunk which we process into motor-grade diesel a the refinery in Lysekil.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Thu Dec 15th, 2011 at 04:03:47 PM EST
[ Parent ]

Display: