1、 BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN NORWAY 2025 A REPORT FROM TEAM SWEDEN IN NORWAY TABLE OF CONTENTS FOREWORD.3 ABOUT THE SURVEY.5 ECONOMIC OUTLOOK.6 THE MARKET.10 HOW SWEDISH COMPANIES SUCCEED IN NORWAY.14 ACTING SUSTAINABLY.16 NORDIC BUSINESS CLIMATE INSIGHTS.18 CONTACT US.21 KEY CO

2、NTRIBUTORS TO THIS REPORT Business Sweden in Norway Marie.Kamfjordbusiness-sweden.se Truels.Lonebusiness-sweden.se Embassy of Sweden in Norway ambassaden.oslogov.se copyright 2025 Team Sweden FOREWORD FOREWORD The Nordic region is highly important to Swedish business,encompassing about 24 per cent o

3、f Swedens total exports of goods and 22 per cent of Swedens total imports.Together,the Nordic countries constitute the worlds 12th-largest economy.It often serves as an extended home market with high purchasing power,leading innovation,companies of global competitiveness,political security,and close

4、 historical and cultural ties.There is a shared vision to become the worlds most integrated region by 2030.In 2025,Finland,together with land,holds the Presidency of the Nordic Council of Ministers.Global trade challenges,ongoing conflicts,and rising uncertainty have highlighted the need for stronge

5、r regional integration in the Nordics,as demonstrated by Finland and Sweden joining NATO in 2023 and 2024,respectively.Norway remains one of Swedens most significant business partners,with deeply interconnected economies despite Norways position outside the EU.Approximately 45 per cent of the Norweg

6、ian population resides within 2.5 hours of the Swedish border.In 2024,Norway accounted for 10 per cent of Swedens total goods exported by value,making it the second-largest export market after Germany.With around 3,000 Swedish subsidiaries employing nearly 97,000 people,Swedish-owned companies const