Main Swedish exports include machinery and transport equipment, chemical and rubber products, food, clothing, textiles and furniture, and wood products.
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$)|
|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 known for producing?
The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel.
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 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.
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.
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 are Sweden’s top exports?
Sweden’s Top 5 Commodity Exports
- Refined Petroleum – $10.0 billion.
- Sawn Wood – $3.4 billion.
- Iron Ore – $2.4 billion.
- Flat-Rolled Steel – $1.2 billion.
- Refined Copper – $0.8 billion.
In what country are Swedish exports manufactured?
Chemicals and textiles are other groups of imported goods. Germany is the main supplier of Sweden’s imports, followed by the Netherlands, Norway, Denmark, the United Kingdom, and Finland.
What countries do Sweden export to?
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|Sweden Exports By Country||Value||Year|
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).
Is Sweden a poor country?
Sweden, a Nordic country in Northern Europe known for its progressive politics, is home to a population of 10.3 million. … Although Sweden is a relatively wealthy country, 16.2% of its people are at risk of falling into poverty.
Does Sweden trade with Canada?
Sweden Exports to Canada was US$1.12 Billion during 2020, according to the United Nations COMTRADE database on international trade. Sweden Exports to Canada – data, historical chart and statistics – was last updated on November of 2021.