Aside from transportation equipment, mechanical engineering is the most important subsector of engineering, followed by electrical products and metal goods, The automotive industry is the most important engineering subsector. The chemical industry in Sweden is a major employer but exports a relatively small proportion of its bulk products. Sweden produces large quantities of Iron, Copper, lead, Zinc, Silver, Gold and other nonferrous metals. It is highly mechanized and automated. Swedish foodstuffs production is dominated by a relatively small number of companies.
Imports greatly exceeds exports, but latter are steadily growing.
Exports and Imports of goods and services each represent roughly one third of the Gross National Product. Imports Per Capita are among the highest in the world. The aim of Sweden's trade policy has been the universal elimination of customs duties and other trade barriers. It's tariff levels for finished goods rank lowest in the world. In an economy with a high degree of international Dependancy export performance is vital for the economic growth and welfare of the people.