In 2019, Sweden major trading partner countries for exports were Norway, Germany, United States, Finland and Denmark and for imports they were Germany, Netherlands, Norway, Denmark and China.
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 are the top 5 exports of Sweden?
Exports The top exports of Sweden are Cars ($11.8B), Packaged Medicaments ($8.04B), Refined Petroleum ($7.56B), Vehicle Parts ($5.22B), and Broadcasting Equipment ($3.89B), exporting mostly to Germany ($16.4B), Norway ($14.8B), United States ($12.5B), Denmark ($11.1B), and Finland ($10B).
What does Sweden trade with other countries?
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.
How many countries does Sweden Trade with?
In 2017, Sweden major trading partner countries for exports were Germany, Norway, Finland, Denmark and United States and for imports they were Germany, Netherlands, Norway, Denmark and United Kingdom.
Why is Sweden so rich?
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’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.
What is Sweden’s biggest industry?
Economy of Sweden
|Main industries||Iron and steel precision equipment (bearings radio telephone parts armaments) pulp and paper processed foods motor vehicles|
|Ease-of-doing-business rank||10th (very easy, 2020)|
|Exports||$169.7 billion (2017)|
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 is Sweden famous for?
What Is Sweden Famous For?
- Swedish Design.
- Pop Music.
- Swedish Meatballs.
- Volvo & Saab.