What is manufactured in Sweden?

The most important sub-sectors are traditional industries, such as steel, automotive, chemical, and forestry, industrial machinery and equipment, automation and food processing equipment.

Why Sweden is high in manufacturing?

”One of the reasons to produce in Sweden is the access to skilled, highly competent and experienced employees, and world class competence in production development. Other reasons are the good opportunities to collaborate with schools and universities about education and research”.

What is the main industry in Sweden?

The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel. Traditionally, Sweden relied on a modern agricultural economy that employed over half the domestic workforce.

Are there factories in Sweden?

Manufacturing. Sweden has an efficient export-oriented manufacturing industry which contributes significantly to the country’s economy. There are few employees in the private manufacturing industries compared to employees in the public manufacturing industries.

What is 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.

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What is Sweden famous for producing?

Sweden is a major world exporter of forest products. Timber is transported via a dense road and rail network. Sawmills and pulp and paper factories process the forest products. Swedish manufacturers produce a variety of wood products, including paper, boards, and prefabricated houses and furniture.

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.

Why is Sweden’s economy so good?

‘ According to the World Bank, a key feature of the Swedish economy is its openness and liberal approach to trade and doing business. Sweden has traditionally been an export-orientated nation, and typically maintains a trade surplus, i.e. the value of goods and services it exports is greater than the value of imports.

What is the biggest company in Sweden?

Volvo. As iconic as Swedish meatballs, Volvo remains the largest company in Sweden based on its annual turnover.

What are Sweden’s natural resources?

Sweden’s natural resources include copper, gold, hydropower, iron ore, lead, silver, timber, uranium, and zinc.

What are the primary agricultural goods produced in Sweden?

Grains (particularly oats, wheat, barley, and rye), potatoes and other root crops, vegetables, and fruits are the chief agricultural products. Sugar beet cultivation in Skåne is important and produces almost enough sugar to make Sweden self-sufficient.

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What industries are growing in Sweden?

Booming Industries in Sweden

  • Automotive and Transportation Technology. Cars, trucks and transportation technology helped lead Sweden’s economic recovery. …
  • Life Sciences. Sweden’s pharmaceutical and biotech industries fuel about 20 percent of the country’s export-driven economy. …
  • Tourism. …
  • Green Technology.

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.

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 are Sweden imports?

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.