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:
- Automotive and Transportation Technology
- Life Sciences
- Tourism
- Green Technology