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Emerging Sectors in Sweden

Emerging Sectors in Sweden

The economy of Sweden is a developed export-oriented economy aided by timber, hydropower, and iron ore. These constitute the resource base of an economy oriented toward foreign trade. The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel

Some of the booming industries in the countries are as follows:

  1. Automotive and Transportation Technology
  2. Life Sciences
  3. Tourism
  4. Green Technology

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