More than 200 Swedish companies are currently established in Brazil, and these employ over 50,000 people in the country, and their operations turn over an impressive USD 14 billion per year.

Swedish companies have a long history in Brazil

  • In 1891, Ericsson delivers the first telephone switch to Brazil.
  • In 1908, Johnson Linjen starts regular transportation between Sweden and Brazil.
  • In 1912, ASEA supplies electric equipment to the Sugar Loaf cable car in Rio de Janeiro.
  • In 1915, Aga and SKF become the first two Swedish companies to establish themselves in Brazil.
  • In 1931, Skånska Cementgjuteriet supplies the cement to the Christ statue construction in Rio de Janeiro
  • Large Swedish investments started in Brazil in the 1950s with a concentration in the São Paulo region
  • Today, about all Swedish multinationals are present in Brazil with their own production
Brazil is today one of the most important production locations for swedish companies

”São Paulo really is Sweden’s best factory after Sweden itself”, President Lula da Silva (Dagens Industri, 6 Sep 2007)

“São Paulo has emerged as one of the absolutely most important manufacturing locations for the companies we are engaged in”, Marcus Wallenberg (Veckans Affärer, Dec 2006)

São Paulo is, indeed, Sweden’s largest industrial city, after Gothenburg.

Swedish companies are expanding rapidly in Brazil

Turnover of Swedish companies in Brazil (BRL billion)

Source: Swedish-Brazilian Chamber of Commerce

Trade between Sweden and Brazil is growing fast

Trade between Sweden and Brazil (USD million)

Source: Swedish-Brazilian Chamber of Commerce