Trade and Jobs by the Numbers

Sweden creates jobs, invests in the United States, and supports growth through trade and innovation.
sofia_sabel-ball_bearing-7454
The self-aligning ball bearing, patented by Swedish inventor Sven Wingqvist in 1907, laid the foundation for SKF, now a global leader in bearing technology. Credits: Sofia Sabel/imagebank.sweden.se

Sweden Punches Above Its Weight


Few countries generate as many U.S. jobs relative to their size as Sweden. With a population of just over 10 million, Sweden supports more than 400,000 American jobs through investment, trade, and business activities in the United States.

803 Swedish-affiliated companies operate across the country
, employing 350,018 people at 3,255 locations and reaching 97% of U.S. congressional districts. When indirect employment effects such as suppliers and subcontractors are included, the number of jobs supported approaches one million.

The United States is the largest destination for Swedish foreign direct investment. As of 2024, Swedish direct investment in the U.S. totaled $131.5 billion, making Sweden the 9th-largest foreign investor and the 4th-fastest-growing foreign investor in the country.

For perspective, Sweden ranks only 91st globally by population.

A Two-Way Partnership

The economic relationship benefits both countries.
  • 101,660 jobs in Sweden are supported by U.S. companies
  • $55.4 billion in U.S. foreign direct investment is invested in Sweden
  • The United States is one of Sweden's most important trade and investment partners

Sweden's Impact on the United States

400,592

American jobs supported

350,018

Jobs supported by Swedish-affiliated companies

$131.5B

Swedish foreign direct investment in the United States

4th

Fastest-growing foreign investor

9th

Largest foreign direct investor

$9.2B

U.S. goods exports to Sweden, supporting 22,316 U.S. jobs

$8.1B

U.S. services exports to Sweden, supporting 28,258 U.S. jobs
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50 States + DC & Puerto Rico

Home to Swedish-affiliated companies and investments
jonatan_stalhos-cargo_ship_at_dawn-5751
Jonatan Stålhös/imagebank.sweden.se

Top Traded Sectors

Sweden U.S.

  • Machinery
  • Vehicles
  • Pharmaceuticals
  • Technology

U.S. Sweden

  • Machinery
  • Aircraft
  • Energy Products
  • Service