Importing from Sweden

Sweden Import Guide | Trade Finance Global

Importing from Sweden

Sweden is a strong economy with an average unemployment rate for persons of working age at almost 8%. It is a member of the European Union (EU) is ranked as the twenty-second in the world for Gross Domestic Product (GDP) and the IMF rank it as seventh for GDP per capita with the average unemployment rate for the working population age is. The National Institute for Economic Research has forecast GDP growth at around 2.5% a year. The main import origins are Germany (around $26B), Denmark (around $12B), the Netherlands ($12B), Norway ($11B) and the United Kingdom (almost $9B).

It is estimated that Sweden is the eleventh easiest country to do business according to the World Bank. There are many British companies operating in Sweden, including well known companies like BP, British Airways, GlaxoSmithKline, Burberry, BAE Systems and Royal Bank of Scotland. There are many benefits in exporting to Sweden as it is a stable economy, the workforce is educated and skilled, they are a pioneer in new technologies, English being widely used as business language, it being a geographical hub in the Nordic Region, strong currency, friendly business environment and Swedes are very open-minded. For an expats guide for starting up a business in Sweden, we’d recommend Everything Sweden.

Importing from Sweden? Contact our local experts

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1.00 GBP
British Pound
1.00 GBP = SEK
=
SEK
Swedish Krona
1.00 SEK = INF GBP

Country Profile

CapitalKingdom of SwedenKonungariket Sverige(Swedish) Flag Greater coat of arms Motto:(royal)"Fr Sverige ? i tiden""For Sweden ? With the Times" Anthem:Du gamla, Du friaThou ancient, thou freeRoyal anthem:KungssngenSong of the King Show globeShow map of EuropeLocation of Sweden(dark green)?in Europe(green &dark grey)?in the European Union(green) ? Stockholm
Population
Area 450,295  km2 (173,860 sq mi)
km2 (55th)
Currency Swedish krona
GDP
LanguagesSwedish , minority :, Finnish, Menkieli, Sami, Romani, Yiddish

1.75

Econ Complexity 5th of 214
1980
2016

$133B

Exports 32nd of 221
1980
2016

$131B

Imports 31st of 221
1980
2016

$48.9k

GDP Per Capita 19th of 214
1990
2016

Sweden: Exports Profile

Exports from Sweden

Exports from Sweden: $147.3 billion
Export commodities:Machinery, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals, military armaments
Top export destinations:Germany 11%,  Norway 10.2%,  Finland 6.9%,  United States 6.8%,  Denmark 6.8% ,  United Kingdom 6.2% ,  Netherlands 5.4%,  China 4.6% (2017 est.)
GDP growth (annual %)

Importing from Sweden? Contact our local experts

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

Your Email*

Telephone Number*

Briefly, what type of stock or trade are you looking to finance?

Country Profile

CapitalKingdom of SwedenKonungariket Sverige(Swedish) Flag Greater coat of arms Motto:(royal)"Fr Sverige ? i tiden""For Sweden ? With the Times" Anthem:Du gamla, Du friaThou ancient, thou freeRoyal anthem:KungssngenSong of the King Show globeShow map of EuropeLocation of Sweden(dark green)?in Europe(green &dark grey)?in the European Union(green) ? Stockholm
Population
Area 450,295  km2 (173,860 sq mi)
km2 (55th)
Currency Swedish krona
GDP
LanguagesSwedish , minority :, Finnish, Menkieli, Sami, Romani, Yiddish

1.75

Econ Complexity 5th of 214
1980
2016

$133B

Exports 32nd of 221
1980
2016

$131B

Imports 31st of 221
1980
2016

$48.9k

GDP Per Capita 19th of 214
1990
2016
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