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Informing today's market
Financing tomorrow's trade
Soft Commodities Trader
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Metals Trader
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
Energy Trading Group
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Clothing company
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
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Importing from Sweden
Sweden Country Profile
Official Name (Local Language) Konungariket Sverige
Capital Stockholm
Population 9,880,604
Currency Swedish Krona
GDP $511.4 billion
Languages Swedish
Phone Dial In 46
Sweden Exports Profile
Exports ($m USD) 153,106
Number of Export Products 4,288
Number of Export Partners 227
Sweden Economic Statistics
Government Website | https://www.regeringen.se/ |
| Sovereign Ratings | https://countryeconomy.com/ratings/sweden |
| Central Bank | Sveriges Riksbank |
| Currency USD Exchange Rate | 8.569 |
| Unemployment Rate | 6.9% |
| Population below poverty line | 15% |
| Inflation Rate | 1% |
| Prime Lending Rate | -0.5% |
| GDP | $511.4 billion |
| GDP Pro Capita (PPP) | $49,700 |
| Currency Name | Swedish Krona |
| Currency Code | SEK |
| World Bank Classification | High Income |
| Competitive Industrial Performance | 6/138 |
| Corruption Perceptions Index | 6/180 |
| Ease of Doing Business | 12/190 |
| Enabling Trade Index | 5/136 |
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Get StartedImporting from Sweden
Sweden is a strong economy with an average unemployment rate for persons of working age at almost 8%. It is a member of the European Union (EU) is ranked as the twenty-second in the world for Gross Domestic Product (GDP) and the IMF rank it as seventh for GDP per capita with the average unemployment rate for the working population age is. The National Institute for Economic Research has forecast GDP growth at around 2.5% a year. The main import origins are Germany (around $26B), Denmark (around $12B), the Netherlands ($12B), Norway ($11B) and the United Kingdom (almost $9B).
It is estimated that Sweden is the eleventh easiest country to do business according to the World Bank. There are many British companies operating in Sweden, including well known companies like BP, British Airways, GlaxoSmithKline, Burberry, BAE Systems and Royal Bank of Scotland. There are many benefits in exporting to Sweden as it is a stable economy, the workforce is educated and skilled, they are a pioneer in new technologies, English being widely used as business language, it being a geographical hub in the Nordic Region, strong currency, friendly business environment and Swedes are very open-minded. For an expats guide for starting up a business in Sweden, we’d recommend
Importing from Sweden: What is trade finance?
Sweden is a strong economy with an average unemployment rate for persons of working age at almost 8%. It is a member of the European Union (EU) is ranked as the twenty-second in the world for Gross Domestic Product (GDP) and the IMF rank it as seventh for GDP per capita with the average unemployment rate for the working population age is. The National Institute for Economic Research has forecast GDP growth at around 2.5% a year. The main import origins are Germany (around $26B), Denmark (around $12B), the Netherlands ($12B), Norway ($11B) and the United Kingdom (almost $9B).
It is estimated that Sweden is the eleventh easiest country to do business according to the World Bank. There are many British companies operating in Sweden, including well known companies like BP, British Airways, GlaxoSmithKline, Burberry, BAE Systems and Royal Bank of Scotland. There are many benefits in exporting to Sweden as it is a stable economy, the workforce is educated and skilled, they are a pioneer in new technologies, English being widely used as business language, it being a geographical hub in the Nordic Region, strong currency, friendly business environment and Swedes are very open-minded. For an expats guide for starting up a business in Sweden, we’d recommend Everything Sweden.
Chart Showing GDP Growth Compared to rest of world
GDP Composition for Sweden
Agriculture
1.7%
Barley, wheat, sugar beets; meat, milk
Industry
34.2%
Iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles
Services
64%
Map
Top 5 Exports Partners
| Country | Trade | % Partner Share |
| Germany | 16,351 | 10.68 |
| Norway | 15,432 | 10.08 |
| Finland | 10,517 | 6.87 |
| Denmark | 10,441 | 6.82 |
| United States | 10,078 | 6.58 |
Top 5 Exports Products
| Export Product | Number |
| Petroleum oils, etc, (excl. crude); preparation | 5.9% |
| Other medicaments of mixed or unmixed products, | 5.1% |
| Automobiles with reciprocating piston engine di | 4.0% |
| Transmission apparatus, for radioteleph incorpo | 3.7% |
| Automobiles with diesel engine displacing more | 2.8% |
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