Sweden
On this page you will find beneficial information regarding foreign direct investment in / trading with Sweden. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Constitutional Monarchy
Population: 10.49 million (2022)
GDP: 519.2 billion USD (2022)
Corporate Tax Rate: 20.6%
Personal Income Tax Rate: 52.3%
Major Exports: The top exports of Sweden are Refined Petroleum ($12.9B), Cars ($11.9B), Packaged Medicaments ($8.25B), Electricity ($5.83B), and Sawn Wood ($4.76B), exporting mostly to Germany ($19.2B), Norway ($18.7B), United States ($17.8B), Denmark ($14.6B), and Finland ($13.4B). In 2022, Sweden was the world's biggest exporter of Polymer Ion-Exchangers ($494M) and Iron Powder ($492M).
Major Imports: The top imports of Sweden are Crude Petroleum ($14.2B), Cars ($9.84B), Refined Petroleum ($8.81B), Broadcasting Equipment ($6.44B), and Motor vehicles; parts and accessories (8701 to 8705) ($5.66B), importing mostly from Germany ($30B), Netherlands ($19.3B), Norway ($17.7B), China ($13.6B), and Denmark ($11.6B). In 2022, Sweden was the world's biggest importer of Wood Tar, Oils and Pitch ($96.7M) and Horsehair Yarn ($1.18M).
Investment Agency: Business Sweden
Website: https://www.business-sweden.com/
National Chamber of Commerce: Swedish Chambers of Commerce
Website: https://www.svensktnaringsliv.se/
Customs Agency: Swedish Customs
Website: https://www.tullverket.se/en/ 
