Sweden has a small, open economy that is dependent to a large extent on global demand for products and services. The Swedish financial market is strongly linked to the international capital market. As such, there is substantial interest in following its economic and financial development to understand the challenges and opportunities ahead. The Export Credit Trends Survey is published twice per year, in June and December, only in Swedish.

From the Export Credit Trends Survey June 2025

Export order intake

Order intake is unexpectedly strong, particularly among large companies where 4 out of 10 report an increase. Despite global uncertainty, most companies continue to see stable demand in their export markets.

Financing needs

Financing needs remain stable but are marked by uncertainty. Many companies are holding off on investments due to the current economic climate and trade policy risks.

Employment

Small companies are driving employment optimism, while large companies are pulling the brake. Nearly 4 out of 10 small companies plan to increase their number of employees in Sweden.

Sustainability requirements / Climate impact

Sustainability demands on suppliers are steadily increasing – 9 out of 10 companies now set requirements related to the environment, human rights, and working conditions. However, demands placed on customers are developing more slowly.

Impact of trade tariffs

Concerns over rising tariffs in the U.S. are affecting export companies’ outlook. 6 out of 10 companies fear a negative impact in the coming year, especially among small businesses.