What goods does Sweden import and export?

Sweden imports mainly machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. Its principal import partners are European Union countries (Germany, Denmark, Netherlands, Finland), Norway and China.

What does Sweden imports and exports?

Sweden Raw materials exports were worth US$ 9,617 million, product share of 5.99%. Sweden Raw materials imports were worth US$ 19,675 million, product share of 12.38%. Sweden Intermediate goods exports were worth US$ 39,048 million, product share of 24.32%.

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.

What are the top 3 Exports of Sweden?

Searchable List of Sweden’s Most Valuable Export Products

Rank Sweden’s Export Product 2020 Value (US$)
1 Cars $11,489,708,000
2 Medication mixes in dosage $8,983,276,000
3 Processed petroleum oils $5,504,298,000
4 Phone system devices including smartphones $4,979,767,000

What is Sweden’s biggest food export?

In 2019, the export value of dried, salted and smoked fish and other seafood from Sweden to EU countries amounted to roughly 2.8 billion Swedish kronor.

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Characteristic Export value in million SEK

What is Sweden’s main import?

Sweden imports mainly machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. Its principal import partners are European Union countries (Germany, Denmark, Netherlands, Finland), Norway and China.

What is Sweden’s biggest import?

Sweden’s Top 5 Commodity Imports

  • Crude Petroleum – $8.7 billion.
  • Refined Petroleum – $6.9 billion.
  • Coated Flat-Rolled Iron – $877.5 million.
  • Petroleum Gas – $844.7 million.
  • Other Iron Products – $789.0 million.

What are the top 3 Imports of Sweden?

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 product is Sweden known for?

What Is Sweden Famous For?

  • ABBA.
  • Spotify.
  • Swedish Design.
  • IKEA.
  • Pop Music.
  • Swedish Meatballs.
  • Roxette.
  • Volvo & Saab.

What products are made in Sweden?

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  • Cheap Monday. Swedish fashion become synonymous with this rock inspired, old school brand in recent years. …
  • Acne Jeans. Acne Jeans is slightly older than Cheap Monday, and another popular fashion export out of Sweden. …
  • Hasselblad camera. …
  • Koenigsegg. …
  • Filippa K. …
  • WESC. …
  • Absolut Vodka. …
  • Husqvarna.

What type of economy is Sweden?

Sweden has a mixed economic system in which there is a variety of private freedom, combined with centralized economic planning and government regulation. Sweden is a member of the European Union (EU).

Why is Sweden so wealthy?

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.

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Does Sweden import meat?

Overall, the value of meat and meat preparations imported into Sweden increased from 2009 to 2019. In 2019, the import value of meat and meat preparations into Sweden was roughly 13.5 billion Swedish kronor.

What foods are imported to Sweden?

The main food import is easily explained, consisting of food, which is not produced within Sweden such as citrus fruit, nuts, green coffee, tea, cocoa, spices & condiments, wine, oils & fats, chocolate & confectionary, cheese, and beverages, and also of products, which are only available during a part of the year.