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Apr 15 2013

Development of Swedish Romanian trade relations to 2012

1. Development of bilateral trade relations

The development of the bilateral trade exchanges for 2006-2012 is shown below:

– in Million Euro –

2006 2007 2008 2009 2010 2011 2012
TOTAL 561.3 720.37 636.46 496.35 557.08 686,29 675,14
EXPORTS 142.3 188.98 201.9 246.08 291.99 355,76 390,99
IMPORTS 419 531.39 434.56 250.28 265.09 330,52 284,15
Trade Balance 276.7 -342.4 -232.6 -4.2 26.9 25,24 106,84

As of December 31st, 2012, the bilateral trade exchanges amounted to Euro 675,14 million, a slight 1,70% decrease compared to 2011.

Out of the total, the Romanian exports to Sweden reached Euro 390,99 million (9,73% increase compared to 2011) and the imports from Sweden amounted to Euro 284,15 million (14,01% decrease compared to 2011).

The trade balance has seen a surplus of Euro 106,84 million in favor of Romania.

Sweden ranks 22nd among the countries importing Romanian products (0.87% of total Romanian exports) and 28th among the countries exporting to Romania (0.52% of total Romanian imports).

 

2. Swedish investments in Romania

According to data from the Romanian Trade Register, as of December 31st , 2012 there were 1,278 companies with Swedish participation to the capital registered in Romania. The total investment amounts to Euro 218,65 million. Sweden ranks 21st among the countries with foreign direct investments (FDI) in Romania.

Main economic sectors where foreign Swedish investments were registered: industry (mainly automotive, furniture, textile, glass and chemical industry), transportation, retail and professional services.

Main investors include: Autoliv, Alfa Laval, Assa-Abloy, ABB, Atlas Copco, Ericsson, Electrolux, East Capital, H&M, IKEA, Kemira Kemi, Lindab, Volvo.

Source: Trade Office Stockholm, updated April 2013 & Embassy of Romania in Sweden

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