Virtual Trade Mission
Tuesday 12th May 2pm - 4pm (BST)
Wednesday 13th May 2pm - 4pm (BST)
This virtual trade mission will be delivered via Zoom over two sessions, on two days. Both sessions will run 2pm to 4pm.
Malmö and Lund, Sweden
In 2018 Sweden was the number 22 economy in the world in terms of GDP (current US$), the number 32 in total exports, the number 31 in total imports, and the number 7 most complex economy according to the Economic Complexity Index (ECI). In 2018, Sweden exported $162B and imported $160B, resulting in a positive trade balance of $2.37B. In 2018, Sweden's exports per capita were $16k and its imports per capita were $15.7k.
Malmö is a coastal city in southern Sweden. It lies at the eastern end of the striking Öresund Bridge, a long road and railway bridge–tunnel running to Copenhagen, Denmark. In the city center, Lilla Torg is a cobblestone square with cafes, half-timbered houses and shops selling local handicrafts. Malmö Castle, a 16th-century fortress built by King Christian III of Denmark, houses nature, history and art exhibits.
Lund is a city in the province of Skåne, at the southern tip of Sweden. In the cobblestoned old town, the grand, centuries-old Lund Cathedral was built in the Romanesque style. Nearby, the Kulturen open-air museum features replicas of buildings from medieval times to the 20th century. The Lund University Historical Museum displays archaeological relics from the Stone and Bronze ages, plus a large coin collection.
The Swedish economy is very open to foreign trade, which represented 89% of its GDP in 2018 (World Bank). Automobile and petroleum products were among Sweden's top exports (5.9% and 5.1% respectively), followed by medicine, auto parts and telecommunication devices. Automobile and petroleum products were also among Sweden's top imports (7% and 6% respectively).
Key Sector Opportunities
· (AI,5G/6G) Robotics
· Medtech and Automotive Games
· Life Science Med / healthTech
· Big Science (ESS/MAX IV)