BUSINESS SWEDEN THE MANUFACTURING INDUSTRY IN SWEDEN FACTS & FIGURES SMART INDUSTRY UPDATED 12 TH JULY 2018
OVERVIEW: THE MANUFACTURING INDUSTRY IN SWEDEN THE BACKBONE OF THE SWEDISH ECONOMY GDP Share (Manufacturing, value added % of GDP, ) CAPACITY INVESTMENTS AND EXPORTS BSEK 14% of GDP 10,5% of GDP 10% of GDP 54,6 57,6 U.S U.K 50,3 By employment BSEK 1306 1193 1180 SOURCE: SCB 2018. WORLD BANK, LARGEST COMPANIES SPIN CLASSIFICATION USED FOR EXPORT DATA
HIGHLY DIVERSIFIED INDUSTRY RANGING FROM CHEMICALS TO MACHINERY AND VEHICLES Thousand 600 500 400 53,9 39,6 30,5 29,9 27,5 26,2 19,1 300 67,8 67,7 528,7 200 89,7 100 90,8 0 Other Motor vehicles Metals Machinery & Equipment Food & Beverage ICT Wood Products Pharma & Chemicals Basic metals Paper products Rubber & Plastics Total - The manufacturing industry in directly employs about 530,000 people (11% of total workforce) - Single largest contributor to GDP with 14% 12 July, 2018 3
THE AUTOMOTIVE INDUSTRY THE SECTOR DIRECTLY EMPLOYS ALMOST 90,000 PEOPLE AND IS A MAJOR GROWTH ENGINE IN SWEDEN 89,700 17% 57% 12 764 12% 15 008 16 007 By employment 207763 180315 157969 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 29-30, SPIN 29-30 FOR EXPORT DATA
THE METAL COMPONENTS SECTOR THE SECOND LARGEST SECTOR IN SWEDEN IN TERMS OF EMPLOYEES 67,800 12.8% 11% 3 056 2% 2 743 3 158 By employment 40964 38144 38349 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 25, SPIN 25 FOR EXPORT DATA
THE MACHINERY & EQUIPMENT SECTOR SIGNIFICANT GROWTH IN TERMS OF BOTH EXPORTS AND CAPACITY INVESTMENTS 67,700 12.8% 37% 3 155 9% 3 726 By employment 169998 158660 164469 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 28, SPIN 28 FOR EXPORT DATA
THE FOOD & BEVERAGE SECTOR MAJOR INDUSTRY IN SWEDEN WITH A STRONG PRESENCE OF NORDIC FOOD AND BEVERAGE GROUPS 53,900 10.2% 44% 4% 5 448 5 501 5 893 By employment 52836 49092 47540 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 10-12, SPIN 10-12
THE ICT & ELECTRICAL EQUIPMENT SECTOR SWEDEN S LARGEST EXPORT SECTOR WITH EXPORTS AMOUNTING TO 110 BSEK 39,600 7.5% 54% 3 861-25% 2 150 By employment 173905 168833 171955 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI )26-27, SPIN 26-27 FOR EXPORT DATA
THE WOOD PRODUCTS SECTOR SIGNIFICANT DEVELOPMENT IN CAPACITY INVESTMENTS IN SWEDEN 25% GROWTH - 30,500 5.8% 22% 2 134 25% 2 687 3 356 By employment 35061 32689 33012 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 16, SPIN 16 FOR EXPORT DATA
THE PHARMA & CHEMICALS SECTOR MAJOR INVESTOR IN SWEDEN WITH INVESTMENTS AMOUNTING TO 10.7 BSEK 29,900 5.7% 78% 8 623 12% 9 614 10 765 By employment 236489 211971 220491 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 19-21, SPIN 19-21 FOR EXPORT DATA
THE BASIC METALS SECTOR INVESTING ON HIGH LEVELS DESPITE A DECREASE IN INVESTMENT VOLUMES FROM 27,500 5.2% 38% 3 929-6% 2 949 3 489 By employment 94148 79134 79419 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 24, SPIN 24 FOR EXPORT DATA
THE PAPER PRODUCTS SECTOR THE SECTOR IS CONDUCTING MAJOR INVESTMENT WITH LEVELS AMOUNTING TO 13 BSEK 26,200 5% 43% 9 888 15% 13 065 13 022 By employment 96521 92462 93885 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 17, SPIN 17 FOR EXPORT DATA
THE PLASTIC COMPONENTS SECTOR SIGNIFICANT EXPORT LEVELS WITH EXPORTS OF 8.7 BSEK IN 19,100 3.6% 29% 1 392 1% 1 232 1 433 By employment 32447 30504 30616 SOURCE: STATISTICS SWEDEN, & Q4, TILLVÄXTANALYS SECTOR (SNI) 22, SPIN 22 FOR EXPORT DATA
GATHER MORE INSIGHTS ON THE MANUFACTURING INDUSTRY IN SWEDEN BY CLICKING HERE: FIND CONTACT DETAILS TO OUR INVESTMENT ADVISORS WITHIN MANUFACTURING BY CLICKING HERE PHOTO CREDITS: IMAGE BANK SWEDEN