Page:CIA-RDP01-00707R000200090018-7.pdf/39

This page has been proofread, but needs to be validated.

APPROVED FOR RELEASE: 2009/06/16: CIA-RDP01-00707R000200090018-7


FIGURE 17. Foreign trade, by commodity groups[1] (U/OU) (Standard international trade classifications; millions of U.S. dollars)
1968 1971
Imports, c.i.f. Amount Percent of total Amount Percent of total
Food and live animals 316.5 10.1 655.6 8.7
Beverages and tobacco 47.6 1.5 80.2 1.1
Crude materials, inedible, except fuels 253.3 6.1 345.0 4.6
Mineral fuels, lubricants, and related materials 425.5 13.6 918.7 12.2
Animal and vegetable oils and fats 20.6 0.7 46.4 0.6
Chemicals 239.0 7.6 649.0 8.6
Manufactured goods classified chiefly by material 720.0 28.0 1,643.6 24.8
Machinery and transport equipment 839.7 26.8 2,315.8 30.8
Miscellaneous manufactured articles 251.8 8.6 854.8 11.4
Commodities and transactions not classified according to kind 22.4 0.7 14.5 0.2
Total 3,136.4 100.0 7,523.6 100.0
Exports, f.o.b. Amount Percent of total Amount Percent of total
Food and live animals 91.5 8.1 190.9 2.4
Beverages and tobacco 0.6 Insig 9.6 0.4
Crude materials, inedible, except fuels 885.0 30.1 1,443.0 18.2
Mineral fuels, lubricants, and related materials 11.6 0.4 72.9 0.9
Animal and vegetable oils and fats 9.8 0.3 23.1 0.3
Chemicals 85.7 2.9 317.0 4.0
Manufactured goods classified chiefly by material 792.9 27.8 2,050.0 25.8
Machinery and transport equipment 950.2 32.3 3,344.7 44.4
Miscellaneous manufactured articles 100.1 3.4 438.8 5.5
Commodities and transactions not classified according to kind 12.5 0.4 10.7 0.5
Total 2,939.9 100.0 7,930.7 100.0


11%, respectively, in 1971. Since World War II, West Germany has been Sweden's most important supplier, providing automobiles, buses, and machinery, as well as luxury items such as jewelry and musical instruments.

During the 1960's, Sweden's trade pattern was directly affected by its membership in EFTA. Sweden joined with the United Kingdom, Norway, Denmark, Austria, Switzerland, and Portugal in forming EFTA in 1959, to promote the expansion of trade among themselves and thus to counter adverse efforts oin their trade anticipated from the creation of the European Economic Community. Sweden's export trade accelerated in the 1960's, largely as a result of the developing EFTA market. By 1971, EFTA (including Finland as an associate member and Iceland as a full member) accounted for 42% of Sweden's foreign trade, compared with 29% in 1960.

The intensification of economic ties among the Nordic countries also has played an important part in the development of trade among the Scandinavian countries. By pooling their resources and instituting new ties in banking, aviation, shipping, industrial research, and hydroelectric power exploitation. Sweden and its neighbors have spurred their industrial development. Of particular importance is a flourishing trade in manufactured components that permits greater industrial specialization in Sweden, while allowing a number of Danish and Norwegian firms to thrive solely by subcontracting for Swedish manufacturers. About one-fifth of Sweden's imports originate in the other Scandinavian countries, and those countries take a quarter of its exports.

The enlargement of the EC on 1 January 1973 to include the United Kingdom, Denmark, and Ireland as full members led Sweden to sign an industrial free


32


APPROVED FOR RELEASE: 2009/06/16: CIA-RDP01-00707R000200090018-7

  1. Components may not add to totals shown because of rounding.