Sweden imports from EuropeSep 02, 2022
80% of Sweden import comes from Europe
When it comes to the import of goods, over 80 percent of it comes from countries in Europe.
Above all, we import a lot from Germany, Norway, the Netherlands and Denmark.
Are you interested in exporting to Sweden?
Well, there is room for much more international trade.
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If this post is interesting, you would probably like reading: Sweden as Go to Market
Sweden import volume 2021: 2 270 billion SEK.
Sweden exports more than import
Since the mid-1980's, Sweden has imported goods and services for a smaller value than what we have exported, something that is clearly visible in the diagram showing our exports and imports. This means that we earn more from exports than we pay for imports.
The difference contributes to the gross domestic product (GDP) increasing, and the Swedish economy growing. It is called that we have a positive current account balance.
Sweden top internal trade is with following countries
Norway, Germany, USA, Denmark, Finland, UK, Netherlands, China, France, Poland, Belgium, Italy, Spain, Japan, Russia, Turkey, Switzerland, Austria, South Korea, Czech, Republic, Australia, Estonia, Lithuania, India, Singapore, Saudi Arabia, Canada, Brazil, Portugal, Egypt, Hungary, South Africa, Ireland, United Arab Emirates, Mexico, Taiwan, Thailand, Latvia, Ukraine, Slovakia, Romania, Greece, Iceland, Chile, Malaysia, Indonesia, Qatar, Israel, Hong Kong and Others.
Note that Lithuania and Estonia export more to Sweden than bigger countries like Canada and India.
Sweden top import - Goods
Translation: Vehicles for roads 169, Mineral oils 134, Other electrical machines and devices 114, Telephone, radio, TV sets, gramophones, tape recorders, etc. 94, Other non-electrical machines and appliances 85, Other finished goods 60, Iron and steel 60, Works of metal 54, Office machines and ADB machines 54, Clothing 53
Sweden top import - Services
Translation; Other business services 256, Travel 72, Transportation 86, Telecom, data and information services 106, Use of intellectual property rights 91
Next steps: Work on your export plan
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