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Sweden imports

Are you curious about the major imports in Sweden?

During the age of the Vikings Swedish trade flourished. The main occupations of the Vikings were farming and trade. Parts of Sweden were well-known trade centres in the Baltic region. From their expeditions the Vikings brought back goods that could not be found in Sweden like gold, silver, textiles and salt. In exchange they brought among other things tools made of iron and other metals that were to be found in Sweden.

But as the power of the Vikings decreased Sweden was an economically backward country for centuries. At the end of the 19th century, Sweden was one of the poorest countries in Europe. The industrialisation changed this dramatically. An economic boom took place, that was strongly connected to the building of railroads, allowing access to natural assets (forests, iron ore, hydropower) in northern Sweden. Those assets are still considered the traditional basis of the Swedish economy.

Today, the industry is specialised and uses high-level technology solutions in order to compete globally. International trade is the engine of the Swedish economy. Sweden is an export-oriented country and dependent on imported goods. Sweden imports mostly electronic and telecom equipment, machinery, foodstuffs, crude oil, textile products, footwear and passenger cars.

Swedish major imports by important commodity groups

January-February (Value in SEK millions ) 2010 2009 Share % 2010
Wood and paper products 4 684 4 681 3.1
Minerals 12 552 11 292 8.3
Chemicals, rubber products 21 873 20 555 14.4
Mineral fuels, electric current 20 759 15 349 13.7
Machinery, transport equipment 60 591 57 604 40.0
Other products 30 966 34 001 20.4

Source: SCB

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