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.
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Facts about Sweden
Sweden imports waste – from Norway!
The Swedish people love to recycle. Only 1% of waste ends up in landfill with 50% being recycled or composted and 49% being incinerated for energy.
There’s a hotel made of ice - Sweden is home to the famous Ice Hotel in the village of Jukkasjärvi.
The hotel is crafted each year from two-tonne blocks of ice from the nearby Torne River.
The duck beats the mouse
in most of the world, Mickey Mouse reigns supreme as Disney’s best loved character. But in Sweden, Donald Duck is WAY more popular.
A Swedish drink outsells Coca-Cola
Sweden’s yuletide drink of choice is a carbonated beverage, or soda, called Julmust.
The Swedes invented nicotine replacement gum
If you or anyone you know has ever given up smoking with nicotine gum, you can give thanks to Sweden.