2014-06-09 17:44:37 2014-06-09 17:44:37. Select. Last Published: 7/22/2019. Wind power. Sweden services export is 74,425,960,958 in BoP, current US$ and services import is 72,734,673,551 in Bop, current US$.Sweden exports of goods and services as percentage of GDP is 45.79% and imports of goods and services as percentage of GDP is 43.29%. The Trading Economics Application Programming Interface (API) provides direct access to our data. How does Sweden make its money? Broadcasting Equipment – $3.7 billion. The National Institute for Economic Research … Sweden's engineering sector accounts for 50% of output and exports. Merchandise Trade statistics data for Sweden (SWE) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Sweden is an export-oriented mixed economy featuring a modern distribution system, excellent internal and external communications, and a skilled labour-force. Ranking of the country (Sweden) at the global level is (from the highest to the lowest data) : 53 / 184 See the entire classification Sweden : 33 records since 1980 , the average of these recordings : 106 1000 Metric Ton The highest data : 2009 is the highest year for the indicator : Coal - Exports (1000 Metric Ton). Sweden has one of the highest recycling rates in the world: in 2017, 99.5% of household waste was diverted from sanitary landfills and recycled in one way or another. 1960-2020 Data | 2021-2022 Forecast | Historical | Chart | News. Sorry, your blog cannot share posts by email. Machinery and equipment is the biggest category of goods, accounting for 33 percent of exports. Sweden imported 8–10 TWh hydro power from Norway in 2006–2009 and exported some electricity back. Before exporting goods, you must submit an export declaration to Swedish Customs. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Resources include specfic information on: As a result, the net trade balance was SEK 4.7 billion. Press release from Anna Hallberg, Ministry for Foreign Affairs. Famous Swedish-produced weapons used worldwide are the AT4 anti-tank rifle, Bofors 40 mm auto cannon, Carl Gustav recoilless rifle and … Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to email this to a friend (Opens in new window), Plastic plates, sheets, film, tape, strips, Hot-rolled iron or non-alloy steel products, Electrical/optical circuit boards, panels, Iron and steel screws, bolts, nuts, washers, Men's suits, trousers (not knit or crochet), Machinery including computers: US$25.8 billion (16% of total exports), Electrical machinery, equipment: $14.2 billion (8.9%), Mineral fuels including oil: $11 billion (6.8%), Plastics, plastic articles: $5.5 billion (3.4%), Optical, technical, medical apparatus: $4.1 billion (2.6%), Paper, paper items: US$7 billion (Down by -4.6% since 2018), Pharmaceuticals: $5.4 billion (Up by 32.5%), Machinery including computers: $4.5 billion (Up by 11.4%), Ores, slag, ash: $2.4 billion (Up by 2.3%), Gems, precious metals: $877.2 million (Up by 3.1%), Base metal tools, cutlery: $510.4 million (Down by -8.1%), Mineral fuels including oil: -US$5.7 billion (Down by -27.2% since 2018), Electrical machinery, equipment: -$5 billion (Up by 7.3%), Knit or crochet clothing, accessories: -$1.3 billion (Up by 2.7%), Clothing, accessories (not knit or crochet): -$1.3 billion (Up by 5.9%), Inorganic chemicals: -$1.1 billion (Down by -7%), Fruits, nuts: -$929.7 million (Down by -10.2%), Rubber, rubber articles: -$879.4 million (Down by -3.1%), Furniture, bedding, lighting, signs, prefabricated buildings: -$874.6 million (Up by 37.1%), Alfa Laval (miscellaneous industrial equipment), Assa Abloy (miscellaneous industrial equipment), Atlas Copco (miscellaneous industrial equipment), Hexagon (miscellaneous industrial equipment), Sandvik (miscellaneous industrial equipment), SKF Group (miscellaneous industrial equipment), Bulten Sweden (automotive parts, screws/bolts/nuts), First Cargo Sweden (automobiles, bicycles, rubber tires), Gelita Sweden (gelatin, salted/smoked meat, peptones/other proteins), Kendrion Hagalund (automotive parts, smoking tobacco, titanium dioxide pigments). Exports to Destination Imports from Origin Exports by Product Imports by Product Trade Balance. The main export partners are Germany taking 11%, the United Kingdom taking 7.7%, the United States taking 6.4%, Netherlands taking 5.3%, Belgium taking 5.2%, Finland … Business Sweden is an organisation jointly owned by the State and business sector that supports and promotes Swedish exports and investments in Sweden. General Information / Market Access / Practical Information / Economic Indicators / Market Research / Country Risk / Doing Business / Agriculture / Taxes, accounting / Labour Market / Media / Useful Links. The huge state-owned iron ore deposits at Kiruna in Lappland were opened to export at the end of the 19th century. The top imports of Sweden are Cars ($8.81B), Crude Petroleum ($8.75B), Refined Petroleum ($6.87B), Vehicle Parts ($6.42B), and Broadcasting Equipment ($5.17B). Dataset. It is a member of the European Union (EU) is ranked as the twenty-second in the world for Gross Domestic Product (GDP) and the IMF rank it as seventh for GDP per capita with the average unemployment rate for the working population age is. Traditionally a … After this investments phase in the telecommunications sector the export have now decreased to SEK 293 million for 2017. HS92 chevron-down. The EU has signed a number of free trade agreements with various countries. Wiki User Answered . Sweden - Import Tariffs Sweden - Import Tariffs Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. In 2008 SOMO, the Netherlands, made a health study of the mine workers in Namibia. Trade: The top exports of Sweden are Cars ($11.9B), Refined Petroleum ($10B), Packaged Medicaments ($6.9B), Vehicle Parts ($5.6B), and Broadcasting Equipment ($3.74B). Sweden's engineering sector accounts for 50% of output and exports. Relationship with international guidelines: There are no differences in concept between the Swedish Foreign Trade statistics and EU basic regulation 3330/91 and EU regulation 1172/95. 2020 : U.S. trade in goods with Sweden . Export value of Norwegian petroleum, 1971-2019. Plastics, plastic articles: $5.5 billion (3.4%) Fish: $4.4 billion (2.7%) Optical, technical, medical apparatus: $4.1 billion (2.6%) Sweden’s top 10 exports accounted for well over two-thirds (71.4%) of the overall value of its global shipments. This peak was largely a result of an up- scaling of the telecommunications sector and exports to provide equipment to this end. Electricity export and import was (TWh) [24] – in 2009 import: Norway 8, Denmark 3, Finland 3 – in 2009 export: Norway 3, Denmark 4, Finland 2, Germany 1, Poland 1 – in 2008 import: Norway 9, Denmark 2, Finland 4 – in 2008 export: Norway 2, Denmark 7, Finland 4, Germany 3, Poland 2 Here we provide more analysis of Sweden’s trading products. Timber, hydropower and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden is an export-oriented market economy. Top Sweden Exports to the World. The inflation rate was 1.4% as of September 2010. Sweden is a wealthy, prosperous and developed country. Timber, hydropower and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. So it sells goods and services as well as substantional resource export such as steel, wood and energy. Sweden is well endowed with mineral resources. 13 14 15. Sweden in the EU European Parliament. More on what we do . Trade Flow. Of course we have to mention Blonds and Ikea if we want to stick to the stereotypes and not mention Ericsson, Saab, Volvo, Nordea, Skandia, H&M, Electrolux and lots of other Swedish firms you may have heard of Our Commercial Specialists assist U.S. companies with trade counseling, market intelligence, access to trade promotion opportunities, advocacy and facilitation of trade dispute resolution. Sweden; Turkey; United Kingdom; United States; Ukraine; D.3. Exports to China constitute 4,5 percent of all Swedish exports, which makes China Sweden's eight largest export market. Sweden’s share of the global export market for goods remains stable at around 1.1 per cent for the fourth consecutive year. Competitiveness and reboot for research, innovation and investments. Contact. Sweden: Browse through 72 potential providers in the export industry on Europages, a worldwide B2B sourcing platform. 1. The copper, silver, and iron ore deposits of central Sweden either have been largely exhausted or are unprofitable to extract. The following chart shows the distribution of Sweden’s export partners. Sweden is an export based economy. Sweden exports for 2019 was $249.55B, a 1.66% decline from 2018. Beans, glass art, wine, beer, literature, and music. Legislative power is vested in the single-chamber parliament. The Swedish export reached a peak in 2007 with SEK 2073 million. This is made possible through the efforts of the Swedish government, municipalities, trade associations, private companies, and a dedicated population. Sweden is a unitary state, divided into 20 counties and 290 municipalities.Location on the EU map While the Swedish government often takes a neutral position in international conflicts and … Sweden shipped US$166 billion worth of goods around the globe in 2018, up by 0.8% since 2014 and up by 8.4% from 2017 to 2018. International research and development network Accessing industrial technologies, expertise, funding and markets in Europe and beyond through EUREKA. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. This page provides forecast and historical data, charts, statistics, news and updates for Sweden Exports of Goods. Vehicles: $2.3 billion 2. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. NKT. Global Export 2020: Stability prevails for Sweden's export market share. Sweden FITA offers extensive information and link resources for Sweden and more than 80 other different country profiles. Sweden is a wealthy, prosperous and developed country. But commodity groups have seen changes. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. By tonnage, the top three U.S. exports were (1) Oil, (2) Tall oil, or liquid rosin, and (3) Kaolin clays. In the export declaration, you must enter a commodity code for your goods, selected from the common nomenclature used in the EU. News . NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Find out how UK companies can control risks when doing business in Sweden. The total export value of crude oil, natural gas, NGL and condensate in 2019 was about NOK 424 billion (2020 NOK), or approximately half of the total value of Norway’s exports of goods. Main Swedish exports include machinery and transport equipment, chemical and rubber products, food, … It ranks 22nd in the world for Gross Domestic Product (GDP) and according to data from the International Monetary Fund (IMF), it is ranked seventh for GDP per capita . Sweden shipped US$166 billion worth of goods around the globe in 2018, up by 0.8% since 2014 and up by 8.4% from 2017 to 2018. Swedish exports of military equipment came to a total of 11.3 billion kronor ($1.38 billion) in 2017, up 2 percent from the year before, a new report from the Swedish Inspectorate of Strategic Products (ISP) shows. Machinery and Chemicals are the main two categories in terms of monetary value, with Industrial machinery being the largest single sector. This page displays a table with Sweden Imports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade. Sweden's exports to Germany amounted to. 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