Question: What are Sweden Major imports and exports?

In the long-term, the Sweden Imports is projected to trend around 134500.00 SEK million in 2022 and 136800.00 SEK million in 2023, according to our econometric models. Sweden imports mainly machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing.

What is Sweden’s main import?

The most recent imports of Sweden are led by Cars ($8.75B), Crude Petroleum ($6.93B), Refined Petroleum ($6.32B), Vehicle Parts ($5.77B), and Broadcasting Equipment ($4.87B). The most common import partners for Sweden are Germany ($27.2B), Netherlands ($13.1B), Denmark ($10.3B), Norway ($10.1B), and China ($8.4B).

What are Sweden’s main export?

Main Swedish exports include machinery and transport equipment, chemical and rubber products, food, clothing, textiles and furniture, and wood products. Exports and investments are rapidly increasing, and the Swedish export market is expected to grow by 8% each year through 2013.

Who does Sweden export to the most?

The biggest trading partner for exporting goods from Sweden in 2020 was Norway with a total export value of roughly 152.2 billion Swedish kronor. The second most goods were exported to Germany, reaching over 151 billion kronor the same year.

What does Sweden specialize in?

The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel.

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What is Sweden famous for?

10 Cool Swedish Facts: What Is Sweden Known For?

  • Sweden’s mastery of pop music. …
  • Sweden’s gorgeous green spaces. …
  • Swedish art in the Stockholm metro stations. …
  • Swedish design. …
  • Swedish coffee and food culture. …
  • Sweden’s ICEHOTEL. …
  • The hip district of Södermalm. …
  • Swedish royalty.

What countries do Sweden export to?

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Sweden Exports By Country Value Year
Germany $16.13B 2020
United States $12.62B 2020
Denmark $11.67B 2020
Finland $10.83B 2020

Why Sweden is rich?

How did Sweden get so rich? Sweden only started to really accumulate wealth as it started to industrialise sometime in the mid-19th century. … Through luck and well-placed geography, Sweden had the kind of natural resources (iron ore and wood) needed when countries like Britain and Germany industrialised.

What is produced in Sweden?

Wheat, barley, sugar beets, oilseeds, potatoes, and staple vegetables dominate in the south, while in the north hay and potatoes are the main crops. In Sweden as a whole, animal agriculture is more significant than cereal farming.

Who are Sweden major trading partners?

In 2019, Sweden major trading partner countries for exports were Norway, Germany, United States, Finland and Denmark and for imports they were Germany, Netherlands, Norway, Denmark and China.

What food does Sweden export?

Imports and exports of agricultural products and foodstuffs

SITC 2019
00 Live animals 316
01 Meat and meat preparations 2 425
02 Dairy products and birds’ eggs 3 954
03 Fish, crustaceans, molluscs etc. 42 986
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What are 5 interesting facts about Sweden?

What are 5 interesting facts about Sweden?

  • Swedes have a whopping 480 paid parental days off.
  • Sweden is the 4th largest country in Europe by land area.
  • Same sex relationships have been legalised since 1944.
  • Sweden is the 6th oldest country in Europe.
  • North Korea has an unpaid 2.7 billion SEK debt to Sweden.