The value of Swedish export to Pakistan was approx. SEK 2 805 million (USD 440 million) in 2010 and the Pakistani export to Sweden amounts to approx. SEK 780 million (USD 120 million). It should also be mentioned that Swedish international chain-stores buy Pakistani goods for export to other markets than Sweden.
Major Swedish export sectors are paper and pulp, telecommunication equipment, machinery, trucks, chemicals, metals and defense equipment. Swedish multinational companies such as Ericsson, Saab, Tetrapak, Volvo, ABB, Atlas Copco, Oriflame and Alfa Laval dominate the Swedish exports.
Pakistan exports to Sweden consist mainly of textile, garments, leather and sports goods. Ikea, H&M and Lindex are major buyers of textile products and have their own offices in Pakistan.
The following Swedish companies have made direct investments in Pakistan: Tetrapak, Millicom, Saab and GAC.
Sweden and Pakistan have concluded agreements on mutual protection of investments (1981) and avoidance of double taxation (1986).
As a member of the European Union (EU) since 1995, Sweden adheres to the common trade policy established by the EU.
The Swedish Embassy in Islamabad is active in promoting Swedish exports to Pakistan. Information about Swedish exports can be found in the Swedish Export Directory at www.swedishtrade.se
The promotion of bilateral trade is a common endeavour of the Embassy of Pakistan in Stockholm and the Swedish Embassy in Islamabad.
Minister for Trade Ms. Ewa Björling visited Pakistan in 2010 accompanied by a Trade Delegation comprising of 12 Swedish companies and institutions with the aim of promoting bilateral trade. Equally, Minister of Commerce Makhdoom Amin Fahim also paid a visit to Sweden in 2010.
Useful information and assistance regarding trade with Sweden can be found at:
> www.cci.sean overview of the Swedish market – how it works, its business culture, trade regulations, general information about Sweden, useful addresses, etc.
> www.chambertrade.com a meeting point where business contacts and cooperation partners can be found. Foreign exporters can register their offers in a data base to get in contact with prospective Swedish business partners
> www.cci.se market reports with specific information about the Swedish market for various product groups
> www.opentradegate.se provides exports in developing countries with information about trade rules and regulations for the Swedish and EU market. Services are free of charge
> www.swedfund.sespecialises in complex, high-risk investment environments. It has more than 30 years of experience in emerging markets and can provide an extensive international network.