2. #%$#%$#
BUSINESS SWEDEN 2
BUSINESS SWEDEN
STOCKHOLM
HELSINKI
MOSCOW
RIGA
WARSAW
ISTANBUL
MILAN
MADRID
PARIS
LONDON
THE
HAGUE
OSLO
COPENHAGEN
BERLIN
PRAGUE
VIENNA
BUDAPEST
ALMATY
3. #%$#%$#
BUSINESS SWEDEN 3
The Challenge
Source: IMF, Transparency International
High growth opportunity – GDP growth 2018 (IMF)
Corruption perception index – 2018 (Transparency Intl)
4. #%$#%$#
BUSINESS SWEDEN 4
Key trade figures with Eastern Europe and Central Asia
1.8%
3.3%
• Sweden’s export to
Eastern Europe and
Central Asia is about
25 BSEK (1.8% of total
exports)
• Machinery and
telecom equipment
make bulk of exports
• Sweden’s import from
Eastern Europe and
Central Asia is about
49 BSEK (3.3% of total
imports)
• Minerals and petroleum
(crude and refined) are
main imports
Source: Kommerskollegium, http://statistikblad.kommers.se/en/?code=10&period=201812&type=html
0
10
20
30
40
50
60
70
2013 2014 2015 2016 2017 2018
BSEK
Sweden’s trade with Eastern Europe (non EU) and
Central Asia
Imports Exports
5. #%$#%$#
BUSINESS SWEDEN 5
Key concerns of Swedish companies present in Central Asia
Political instability
Corruption
Non-transparent legislation
Socio-economic instability
Unfair competition
Bureaucracy
Exchange rate fluctuation
low impact moderate impact high impact
Source: Business Sweden survey, 2017. Survey of 56 Swedish companies primarily in Kazakhstan
6. #%$#%$#
BUSINESS SWEDEN 6
Business Sweden’s view on complex markets
Not for everyone Do your
homework
Ask for support Never ever
compromise on
ethical standards