Thailand is Sweden's largest trade partner in South East Asia.
Major Swedish export sectors are telecommunication equipment, power generation and transmission equipment, vehicles and parts, packaging, steel and forestry products.
Swedish multinational companies such as Ericsson, Volvo, Electrolux, ABB and Tetra Pak dominate Swedish exports. Thai exports to Sweden are more diversified. Machinery, electronics, vehicles and food are some of the important items.
Some Swedish companies have invested in production facilities in Thailand. A few examples are ABB, Autoliv, Electrolux, Mölnlycke Health Care, and Tetra Pak.
Sweden and Thailand have concluded agreements on avoidance of double taxation (1989), economic, technical and scientific cooperation (1990), mutual protection of investments (2000) and amateur radio communication usage (2002).
As a member of the European Union (EU) since 1 January 1995, Sweden adheres to the common trade policy established by the EU.
The Royal Thai Embassy in Stockholm has a trade officer covering Sweden, for more information please visit their website here. Thailand Board of Investment (BOI) also have an office in Stockholm, for more information please visit BOI website here.
For Swedish exporters and importers who are interested in trading with Thailand or Swedish investors in establishing a presence in Thailand, you are welcome to contact Business Sweden here.