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FOREIGN TRADE
The important exportable items of the country are cotton, tobacco, gold, ferroalloys and clothing.
Sweden has experienced a trade surplus over the years. The major exportable commodities in the coiuntry are motor vehicles, paper products, iron, steel and chenmicals. Sweden's exports partners are US, Germany, Denmark, UK and Netherlands.
Important importable commodities in the country are clothing, iron, steel, and chemicals.
Its partners are UK, Germany, Netherlands, Denmark and Finland.
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Country's exports and imports scenario over the years are as follows:
With regards to the balance of payment scenario, the country has experienced a current account surplus over the years. As to statistics, the current account surplus in the country as in the year 2005 is calculated at $23 billions.
CONCLUSION
The country has performed well in the economic scenario recently. A better stability is being marked with the country both domestically as well as internationally. The fear of rising prices level is being under control with the country's economy.
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