Country Profile

Capital Stockholm
Population 10.6M
GDP $603.7B (2024)
GDP per Capita $57,117
Income Level High Income
Currency Swedish krona (SEK kr)
Language Swedish
Timezone UTC+01:00
Region Europe Β· Northern Europe

Trade Partners

Sweden Exports To

  • Germany 10.0%
  • USA 10.0%
  • Denmark 8.0%
  • Norway 6.0%
  • Netherlands 5.0%

Key exports: cars, refined petroleum, packaged medicine, paper, vehicle parts/accessories (2023)

Sweden Imports From

  • Germany 17.0%
  • Netherlands 10.0%
  • Norway 9.0%
  • Denmark 6.0%
  • China 6.0%

Key imports: cars, crude petroleum, refined petroleum, vehicle parts/accessories, garments (2023)

Economic Overview

high-income, largest Nordic economy; EU member but does not use the euro; export-oriented, led by automotive, electronics, machinery, and pharmaceuticals; highly ranked for competitiveness, R&D investments and governance; recovery, with falling inflation and real wage growth balanced by risks from trade uncertainty

Government: parliamentary constitutional monarchy

UK Trade Status

FTA in Force

The UK has a free trade agreement with Sweden, providing preferential market access for UK exporters.

Geographic Region

Trading Bloc Memberships

Sweden is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Sweden.

Start Your Export Journey

Also in This Region

Official Resources

Government export support for Sweden.