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Trade pattern with Italy


Trade pattern with Italy

Trade pattern with Italy

According to the latest data supplied by Statistics Sweden (SCB), the trade transactions between Italy and Sweden have amounted to 9,2 billion euros in 2016, recording a significant increase since 2015 (+16,3%). The trade balance is still at a surplus for Italy, which exports goods and services to Sweden for about 5 billion euro. Sweden’s export of goods and services to Italy amount to approximately 4,1 billion euro. Italy is maintaining its former ranking of 12th trade partner, as regards Sweden.

The Italian companies operating in Sweden, according to data from Swedish Agency for Growth Policy Analysis are 145, employing 5153 people (2016). Most of them are commercial branches. Some Italian companies have dislocated in Sweden part of their production through a subsidiary or through the acquisition of a Swedish company. The major operations have been carried out by Barilla (food industry), Chemiplastica (thermosetting), Coesia Group (packaging of fluids), Danieli (manufacturing), FAAC (automation processes), Lucchini RS (rail), Gruppo LU-VE (refrigeration systems), MAPE S.p.A. (mechanics), Prysmian Spa (electrical systems), Ricchetti (tiles), Rino Mastrotto Group (tannery), Fassi Group (cargo handling), Enervit (dietary supplements), Falck Renewables (wind energy).

Some Italian companies have their own commercial branches, such as Ansaldo STS, Ferrero, FCA, Iveco, Luxottica, Safilo, Calzedonia, KIKO Milano, Boggi Milano, Prada.

Several Italian companies have shown interest in infrastructural projects regarding the Swedish railway, as the high speed East Link Project, handled by the Swedish Transport Administration. Among them are: Astaldi, Salini-Impregilo, Vianini Lavori, CMC and Mermec.

Swedish companies operating in Italy are more than 300 employing almost 36000 direct employers. The major ones are Ericsson (in Italy since 1918), (Astra Zeneca lo toglierei, siccome è britannica), Volvo, Sandvik, Autoliv, Phadia, ABB, Electrolux (acquired Zanussi in 1984), Alfa Laval, Gambro (med tech), SCA (paper industry), Tetra Pak (packaging), Atlas Copco (engineering projects), SKF (bearing systems), IKEA (furniture), H&M (clothing).