Sweden’s unique focus on innovation, sustainability, co-creation and equality has created a highly dynamic economy. This makes the country a formidable platform for companies to expand their business upon and to use as a brand that meets the demands of an increasingly purpose-driven world.
Business Sweden continuously monitors markets globally, and analyses the effects on Swedish companies’ internationalisation. Our reports provide a broad view of Swedish exports and foreign investments.
As the largest economy in Europe and accounting for one quarter of the European Union’s GDP, Germany is Sweden’s most important trade partner. Throughout the turbulence of the past years, the relationship between Sweden and Germany remains strong. Most respondents expect both industry turnover and investments in Germany to increase in the coming year.
AI is not new, we have known about it’s potential since the 1940s, but it is only now that computer science has provided the power to finally begin exploring the possibilities. The inevitable rush to explore and develop AI is far-reaching and Sweden is playing a critical role in driving sustainable, ethical, and practical research and development.
The COVID-19 pandemic continued to overshadow 2021 with closed markets, travel restrictions and disruptions in supply and value chains. However, sustainability was reflected in many countries’ national recovery plans and a record number of countries announced net-zero targets. During the year, we have strengthened our global efforts to accelerate innovations and contribute to sustainable growth and green transition.
The Asia Pacific region (APAC) is the world’s most dynamic and represents a great opportunity for companies looking to expand globally. However, success is not an easy win. The cultural and economic diversity across the region means Swedish companies need to apply strategies that are agile and responsive to current market conditions.
The Asia-Pacific region (APAC) has seen decades-long rapid economic growth which has gradually shifted the global economic balance of power. With it’s massive population and stabilising economic growth, APAC’s potential and the power shift has been anticipated for a long term. However, the pace of change has happened faster than predicted, resulting in a dramatic and ongoing transformation of the business landscape.
The provision of preventative and reactive oncology continues to remain a challenge for providers within NHS England as they recover from the resource and care demands of the pandemic. Navigating the funding and project maze is key for strategic growth, and this report explores the current and future opportunities.
In the last six years India’s aviation sector has registered a growth of over 14 percent in passenger traffic. The prediction is that India is to become the world’s third largest aviation market by 2026, mainly driven by a large and growing middle class and major investments in aviation infrastructure.
European countries are being forced to review their energy production, storage, and distribution networks to mitigate the ongoing energy crisis. With EU and global net-zero targets looming, the Netherlands has set ambitious goals to reduce dependency on fossil fuelled energy and drive efficiencies in district heating networks. With rapid change needed, sustainable solutions hold the key to reaching necessary goals.
Sweden has a significant presence and a solid reputation in Mexico – Latin America’s second largest economy. Currently, there are over 150 companies in the country with a Swedish background. Swedish companies are present within most industries in Mexico, e.g., within security, construction, healthcare, retail, mining, and digital services to name but a few. Over the last decade, the Mexican economy has shown stable and robust growth providing a prosperous market for Swedish companies.
Geopolitics is tightening its grip on international trade and Swedish companies are increasingly impacted by the standoff between the superpowers. This report highlights the consequences of the US-China technology race for businesses and outlines three alternative risk scenarios to 2030.
A massive wave of innovation is sweeping across the globe and Africa is no longer playing catch up, but shaping it's own future. While the pandemic negatively affected businesses and economies, it has demonstrated the immense and urgent need for continuous innovation on the continent.
Swedish companies have a long history in Canada, with strong engagement, entrepreneurialism, and innovative thinking. This survey shows that the Canadian market offers excellent expansion opportunities for Swedish companies. Canada is a stable, growing, and competitive market, open to trade with foreign companies. Canada is recovering well from the initial shock of the Covid-19 pandemic with highly engaged federal and provincial government bodies.
France has historically been an important trade partner for Sweden and this relationship keeps growing. With its 67 million inhabitants, France is the third largest market in Europe, and the seventh largest economy in the world. Key findings of the Business Climate Survey of 2021 are that France is considered an important market for Swedish companies and that the trust in the economic recovery is high.
In these uncertain times, increased government spending can bring a multiplier effect in the economic growth and result in the boosted private sector’s sentiments and demand. A review of the outcome of the India Business Climate Survey 2021 reveals that despite the Covid pandemic, the performance expectations on the market have not much shifted in India.
Team Sweden España (the Embassy, Business Sweden, the Swedish Chamber of Commerce in Madrid and the Swedish Chamber of Commerce in Barcelona) have joined forces and carried out a business climate survey among Swedish companies in Spain. The purpose of the survey has been to increase the understanding of how Swedish companies perform in Spain and deepen the appreciation of the opportunities and challenges that the Spanish market poses.