Country exposure · SE

Sweden
Europe · Stockholm · parliamentary constitutional monarchy
What Sweden means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$16.0B
U.S. imports, 2025
-10.9%
change in one year
$9.3B
U.S. exports, 2025
11M
Population
$610.1B
GDP
In your house
What you buy that Sweden makes
America bought $16.0B in goods from Sweden in 2025. Of every $100 of it, here's where the money went.
Passenger cars, new and used
new and used cars
Pharmaceutical preparations
medicines and pharmacy items
Industrial machines, other
Chemicals-other, n.e.c.
U.s. goods returned, and reimports
Industrial engines
Generators, accessories
Medicinal equipment
medical devices and equipment
Electric apparatus
Iron and steel mill products
steel for cars and construction
2026 so far (through April): $5.6B in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Sweden
$9.3B in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Crude oil
$1.2BCivilian aircraft, engines, equipment, and parts
$1.1BPharmaceutical preparations
$1.1Bmedicines and pharmacy items
Natural gas liquids
$800MMinimum value shipments
$456MTelecommunications equipment
$436Mphones, routers, networking gear
Computers
$350Mlaptops, desktops, monitors
Measuring, testing, control instruments
$286MPassenger cars, new and used
$255Mnew and used cars
Where you stand
U.S. tariff posture toward Sweden
Since February 24, 2026 most EU goods face the universal 10% Section 122 temporary import surcharge, which replaced the framework's 15% all-inclusive IEEPA structure when EO 14389 terminated the reciprocal tariffs. The framework's Section 232 terms persist: EU autos at 15%, and the April 2026 metals expansion expressly preserved the EU's trade-agreement-partner treatment (steel and aluminum otherwise at 50%).
The United States negotiates tariffs with the European Union as a single market — every measure here applies to Sweden as an EU member.
Reciprocal tariff (assigned — terminated)
20%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Section 232 sectors
Autos, Wood
Steel, aluminum, autos, and similar national-security tariffs that name this country.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward the European Union — and with it Sweden — has changed 11 times since 2025. This page tracks it.
2026-04-06
EU treatment preserved in expanded metals tariffs
In effectThe April 2026 proclamation expanding Section 232 coverage of aluminum, steel, and copper derivatives expressly does not alter or supersede the prior U.S.–EU agreement implementation, and lists the EU among 'Trade Agreement Partners' eligible for its exclusion process.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including those under EO 14257, the basis of the EU's 15% all-inclusive structure — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them. The framework's Section 232 terms (the 15% EU autos cap, metals carve-outs) rest on separate authority and were expressly unaffected.
91 FR 9437 →2025-09-25
Framework implemented: preferential treatment for certain EU goods
In effectActing under the September 8, 2025 procedures order, Commerce and USTR modified the HTSUS to implement the framework — preferential (zero) reciprocal treatment for certain EU goods and a reduction of the Section 232 automobile and parts duty to 15% for EU-origin vehicles.
90 FR 46136 →2025-08-21
U.S.–EU Framework Agreement joint statement
AgreementThe United States and the European Union issued the Joint Statement on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade: the U.S. committed to the 15% all-inclusive ceiling, zero reciprocal duty on certain products, and a cut of the Section 232 automobile duty to 15%; the EU committed to eliminate tariffs on U.S. industrial goods and expand agricultural access, plus $750B in U.S. energy procurement through 2028.
Source ↗2025-08-07
15% all-inclusive structure replaces the 20% rate
In effectThe July 31, 2025 order ('Further Modifying the Reciprocal Tariff Rates') gave the EU a unique structure effective August 7, 2025: for goods with an MFN (Column 1) rate below 15%, the reciprocal duty tops the total up to exactly 15%; goods with an MFN rate of 15% or higher pay no additional reciprocal duty.
Federal Register · 2025-15010 →2025-07-09
Reciprocal-rate pause extended to August 1
In effectThe July 7, 2025 order extended the suspension of country-specific reciprocal rates through August 1, 2025, keeping the EU at the 10% baseline while framework talks continued.
90 FR 30823 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% effective June 4, 2025, with no EU carve-out.
90 FR 24199 →2025-04-10
90-day pause suspends the 20% rate back to 10%
In effectThe April 9, 2025 modification order suspended country-specific reciprocal rates for 90 days for all partners except China, returning the EU to the 10% universal baseline effective April 10, 2025 while negotiations proceeded.
90 FR 15625 →2025-04-09
EU country-specific reciprocal rate of 20% takes effect
In effectAnnex I of Executive Order 14257 assigned the European Union a 20% country-specific reciprocal rate, effective April 9, 2025 — the rate still carried for the EU in the HTS Chapter 99 Subchapter III note.
Federal Register · 2025-06063 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, including the EU, effective April 5, 2025. The order singled out the EU's 5% average MFN rate and 10% passenger-vehicle tariff as examples of non-reciprocal treatment.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum arrangements terminated — 25% duties on EU metals
In effectProclamations of February 10, 2025 ended the EU's tariff-rate-quota arrangements for steel and aluminum and raised the aluminum duty from 10% to 25%, applying 25% Section 232 duties to EU steel and aluminum effective March 12, 2025.
90 FR 9817 →
Made for America
What Sweden makes for America
Sweden is a direct U.S. source of 12 essential goods Americans rely on — the items themselves, shipped finished off the line.
materials
1% of U.S.Vehicles and light trucks
$3.0B to the U.S.
health
12% of U.S.Blood products
$646M to the U.S.
health
9% of U.S.Diagnostic tests and lab supplies
$499M to the U.S.
materials
1% of U.S.Steel and iron products
$379M to the U.S.
materials
2% of U.S.Lumber and wood products
$366M to the U.S.
health
Cancer and specialty drugs
$181M to the U.S.
health
OTC medicines
$168M to the U.S.
energy
1% of U.S.Gasoline and diesel
$150M to the U.S.
materials
Auto parts and repairs
$135M to the U.S.
materials
1% of U.S.Power & hand tools
$128M to the U.S.
logistics
4% of U.S.Water infrastructure supplies
$126M to the U.S.
home
2% of U.S.Cosmetics & makeup
$118M to the U.S.
Go deeper
The supply chain view
Sweden sits upstream of 24 essential American goods through 12 tracked inputs.
manufactured
65%Protein A chromatography resin (mAb)
manufactured
50%Container Spreader Headblocks & Frames
agricultural
42%Cocoa Butter Equivalents (CBE)
manufactured
40%Single-use bioreactor bags
manufactured
40%Bioprocess Chromatography Resins
manufactured
40%High-Strength & Abrasion-Resistant Steel Plate
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
A military power during the 17th century, Sweden maintained a policy of military non-alignment until it applied to join NATO in 2022. Sweden has not participated in any war for two centuries. Stockholm preserved an armed neutrality in both World Wars. Since then, Sweden has pursued a successful economic formula consisting of a capitalist system intermixed with substantial welfare elements. Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum. The share of Sweden’s population born abroad increased from 11.3% in 2000 to 20% in 2022.

Geography
- Location
- Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway
- Area
- 450,295 sq km
- Climate
- temperate in south with cold, cloudy winters and cool, partly cloudy summers; subarctic in north
- Terrain
- mostly flat or gently rolling lowlands; mountains in west
- Natural resources
- iron ore, copper, lead, zinc, gold, silver, tungsten, uranium, arsenic, feldspar, timber, hydropower
- Coastline
- 3,218 km
- Natural hazards
- ice floes in the surrounding waters, especially in the Gulf of Bothnia, can interfere with maritime traffic
People & society
- Population
- 10,643,745 (2025 est.)
- Nationality
- Swede(s)
- Ethnic groups
- Swedish 79.6%, Syrian 1.9%, Iraqi 1.4%, Finnish 1.3%, other 15.8% (2022 est.)
- Languages
- Swedish (official)
- Religions
- Church of Sweden (Lutheran) 53.9%, other (includes Roman Catholic, Orthodox, Baptist, Muslim, Jewish, and Buddhist) 8.9%, none or unspecified 37.2% (2021 est.)
- Median age
- 41.2 years (2025 est.)
- Life expectancy at birth
- 82.9 years (2024 est.)
Economy
- Economic overview
- high-income, largest Nordic economy; EU member but does not use the euro; export-oriented, led by automotive, electronics, machinery, and pharmaceuticals; highly ranked for competitiveness, R&D investments and governance; recovery, with falling inflation and real wage growth balanced by risks from trade uncertainty
- Industries
- iron and steel, precision equipment (bearings, radio and telephone parts, armaments), wood pulp and paper products, processed foods, motor vehicles
- Agricultural products
- milk, wheat, sugar beets, barley, potatoes, oats, rapeseed, pork, chicken, beef (2023)
- Exports - partners
- Germany 10%, USA 10%, Denmark 8%, Norway 6%, Netherlands 5% (2023)
- Imports - partners
- Germany 17%, Netherlands 10%, Norway 9%, Denmark 6%, China 6% (2023)
Government
- Government type
- parliamentary constitutional monarchy
- Capital
- Stockholm
- Independence
- 6 June 1523 (Gustav VASA elected king of Sweden, marking the abolishment of the Kalmar Union of Denmark, Norway, and Sweden)
- Constitution
- Sweden has four fundamental laws which together make up the Constitution: The Instrument of Government (several previous; latest 1974); The Act of Succession (enacted 1810; changed in 1937 and 1980); The Freedom of the Press Act (many previous; latest in 1949); The Fundamental Law on Freedom of Expression (adopted 1991)
- Executive branch
- King CARL XVI GUSTAF (since 15 September 1973)
- Legislative branch
- Parliament (Riksdagen)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Tuesday, February 14, 2023