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The Top Trade Partners of Sweden 2008Sweden is home to some of the world-class companies such as Ikea, Volvo, Ericsson, H&M and AstraZeneca. In terms of foreign trade, Sweden has run a trade surplus for many years. The top five export markets for Sweden are: Denmark, Norway, UK , Germany and USA. The top country for Swedish exports is German followed by Norway. Outside of Europe, USA is the largest export destination for Sweden.
The top five countries from which Sweden imports most of its goods and services include: France, Spain, Belgium, Finland and Italy. Finland is the largest import supplier to Sweden followed by France. Since 2002, Sweden has consistently run a trade surplus since its exports are greater than imports. |
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April 23, 2008
China names Sweden ‘best country for investment’ A group of Chinese authorities and agencies has named Sweden as the most attractive country for foreign direct investment. The group, which includes Chinese Ministry of Foreign Trade and the National Strategy Research Institution of China Ministry of Commerce, announced the choice as part of a new Contribution to Chinese Enterprises Going Global Award. The Chinese government has since 2000 been actively encouraging Chinese businesses to establish operations abroad as part of its Go Global Policy. Invest in Sweden Agency was one of the first investment promotion agencies to start operations in China and has had offices there since 2002. ISA has facilitated more than 100 by Chinese companies in Sweden. These have been primarily in the retail, IT and telecommunications sectors. Around three quarters of the investments are new establishments. Viveca Rostén, ISA’s acting Director General, said: “This award to Sweden should be seen as the result of a long-term effort by ISA, in conjunction with the Swedish embassy and consulate-general, to raise awareness of Sweden as an investment destination.” [source: Invest in Sweden Agency] 
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