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Get to Know Sweden

International trade success is not only about you and your customers. Learn business facts about the countries that you trade with and familiarize yourself with the different business practices, cultures, customs and economics.

At a Glance

Sweden spans 173,731 square miles (449,964 square kilometers). Its population of 9.09 million people (2011 estimate) includes a workforce of 4.93 million (2010 estimate) occupied primarily in services (70.7%, 2008 estimate), followed by industry (28.2%) and agriculture (1.1%). Strong commodity exports played a major role in driving the country’s economic rebound in 2010.

Financial Facts
  • Estimated GDP (2010) of US$354.7 billion or US$39,100 per capita
  • GDP grew 5.5% from 2009-2010
  • Services account for 72.2% of GDP
  • Industry generates 26% of GDP. Sweden’s major industries include iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, and motor vehicles.
  • Agriculture generates 1.7% of GDP

Sweden is very open to doing business with companies in other countries. The Swedish Trade Council, which promotes the country as an international trade partner and organizes a variety of bilateral events, employs 500 staff members in 50 countries.

Perhaps you’re interested in establishing a partnership with one of the country’s exporters. You may be considering joint ventures with Swedish companies, franchise or licensing opportunities or sales of your products and services in Sweden. Whatever your interests and needs, the resources provided here will lead you to information that can support your entry into this market.

“The Swedish economy depends heavily on international commerce, and its industrial sector is well developed,” the Federation of International Trade Associations reports. It adds that the country “is very open to foreign trade” and that the “government supports Swedish companies in their moves towards strategic markets.”