SWEDEN

Logistic and forwarding services in Sweden

Sweden

Capital City
Stockholm

Population
9,7 Mio.

National languages
Swedish.

Currency
Swedish Krone (SKR)

Gross national product (GNP)
USD 526 Mrd.

GNP per person
USD  58’491

Financial exports to Switzerland
CHF 1,49 Mrd

Financial imports from Switzerland
CHF 1,63 Mrd.

Bilateral relations between Switzerland and Sweden

Bilateral relations between Switzerland and Sweden are excellent and entirely problem-free.

Economic cooperation

Sweden is Switzerland’s most important trade and investment partner in the Nordic region. The annual volume of trade in goods amounts to approximately CHF 3 billion.
About 100 Swiss companies active in a wide range of sectors have operations in Sweden. In 2014, Swiss direct investment in the country came to CHF 4.6 billion (down by 6.5% year on year), ranking it 35th. Swiss companies in Sweden employed some 23,300 people in 2013, which was 5.8% lower than the previous year. This put Switzerland 32nd in the list of foreign employers.

 

Business Language

Swedish, German, English.

Dimensions and weights

Metric system.

Currency

National currency: Swedish Krone (skr)=100 Öre

ISO code: SEK

Customs tariff

Harmonised system, Customs clearance based on the transaction value.

Import control

EU goods are freely available. There is a free list of imports (liberalisation) for non-EU goods, so there is only a requirement for a licence for a small proportion of imports. Import licences and health certificates are required for non-liberalised goods such as live animals, animals products, meat, meat products, potatoes and seeds etc.

For customs clearance three copies of invoices should be issued with all standard information.

There are regulations about the registration of pharmaceutical products, Electrical devices must bear the CE symbol.

Standard VAT rate: 25% (reduced rate:12/6%). Reimbursement of VAT paid is possible.

Terms of payment and tenders

Depending on the creditworthiness of the customer the term can be secured or not, documents against payment is also often used; invoices in EUR.

Tenders can be submitted in any convertible currency.

Designations of origin

Various goods must be labelled to indicate their foreign origin (information on this can be provided by the Chamber of Industry and Commerce). Prohibition on misleading customers.

Packaging

There are special marking and labelling regulations in Swedish for foods, particularly beer.

The EU Directive sets out that packaging materials made of wood must be manufactured from round logs. This EU regulation goes beyond the necessary treatment set out in the ISPM 15 standard.

Product samples

With no retail value (approx. 200 SEK) = duty free.