US Tariff Exposure
US Tariffs on Sweden
Updated August 2026 · source: USTR Section 301 & Federal Register
Volvo cars and trucks, IKEA furniture (some), and AstraZeneca drugs come from Sweden. A 20% tariff means Volvo vehicles could cost significantly more, and some Swedish pharmaceutical imports get pricier.
Sweden tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Automotive | 25% | USTR / official |
| Machinery | 20% | USTR / official |
| Pharmaceuticals | 20% | USTR / official |
| Automotive | 20% | USTR / official |
| Pharmaceuticals | 20% | USTR / official |
Sweden trade & debt exposure to the US
- U.S. Treasury Holdings $28.4B Via Riksbank
- Trade Deficit (Annual) $6.8B 2024 goods trade deficit
Sweden tariffs — FAQ
What is the US tariff rate on Sweden?
Sweden faces an effective US tariff of 20%, with Automotive seeing the highest sector rate at 25%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Sweden sectors are hit hardest by US tariffs?
Automotive (25%), Machinery (20%), Pharmaceuticals (20%).
What does Sweden's tariff impact score mean?
33/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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