Sweden Creates Jobs in the US

Sweden directly supports more than 379,000 jobs in the US. ​​​​​​​
Sweden directly supports more than 379,000 jobs in the US. There are 638 Swedish-affiliated companies in the US, creating 331,847 jobs in the country. Export of services from the US to Sweden supports 30,478 jobs, and export of goods from the US to Sweden supports 17,557 jobs—creating 379,882 jobs in total.
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When adding supporting jobs, suppliers, and subcontractors, the number of jobs supported approaches one million.
Electric Powered Waste Management TruckElectric Powered Waste Management Truck
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Photo: Sofia Sabel/imagebank.sweden.se
Woman working on car in industrial settingWoman working on car in industrial setting
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Photo: Sofia Sabel/imagebank.sweden.se
Swedish-affiliated companies can be found in all 50 states..
...as well as in Washington, DC, and Puerto Rico—covering 3,135 locations and 95% of congressional districts. All 50 states export goods and services to Sweden.

The US is the largest destination for Swedish foreign direct investment. In 2022, Sweden invested more than 97 billion USD in the US. This places Sweden as the 10th largest foreign investor in the US, and the 6th fastest growing. For comparison, Sweden’s population is only the 87th largest in the world.

Swedish companies’ activities in the US cover a broad range of sectors. Examples include transportation (Volvo), construction (Skanska), telecommunications (Ericsson), pharmaceuticals (AstraZeneca), fashion (H&M), home appliances (Electrolux), furniture (IKEA), defense (Saab), and tech (Spotify).