AmCham Sweden is the only trade association in Sweden dedicated to advancing U.S.–Swedish trade and investment. It is a trusted platform that convenes senior leaders, decision-makers, and stakeholders committed to strengthening U.S.–Sweden commercial ties. The Chamber shares timely insights to separate signals from noise, fosters a curated peer network, and facilitates and engages in fact-based, forward-looking dialogue with and among companies experienced in operating across the U.S., Sweden, and the EU.

We champion policies that drive competitiveness, innovation, and investment—while advocating for smarter, more effective regulation. Our role is practical: helping members anticipate change, navigate complexity, and engage constructively at the intersection of policy, markets, and business.

The $9.8 trillion transatlantic economy is a pillar of resilience amid global economic and strategic disruption, with the U.S. and Europe being each other’s most critical markets and geoeconomic partners. While 2025 presented challenges in goods trade due to shifting tariffs, the underlying strength of the U.S.–Sweden investment relationship remains the bedrock of our commercial partnership. This partnership remains a transatlantic powerhouse, with robust bilateral trade: the U.S. exports $9.2 billion in goods to Sweden and imports $16.5 billion, making the U.S. Sweden's second-largest non-EU export market. Foreign direct investment shows an equally powerful upward trajectory, with U.S. companies investing $55.4 billion in Sweden and Swedish firms deploying $121.6 billion in the U.S. This economic integration directly impacts the workforce, supporting 301,378 American jobs and 101,661 Swedish jobs.

As a cornerstone of the transatlantic business community, AmCham Sweden is uniquely positioned to strengthen collaboration between the U.S. and Sweden and help shape a competitive business environment that supports Sweden’s long-term prosperity and influence within the EU. We guide our members toward real opportunities to engage—especially during economic shifts and technological transformation.

In the current environment, one of AmCham Sweden’s most important roles is to identify where constructive dialogue can create the greatest value for trade, investment, and long-term cooperation. That means prioritizing areas where trust can be strengthened, friction reduced, and pragmatic collaboration advanced. Across our focus areas, we aim to be a trusted, balanced, and fact-based platform that helps bridge perspectives between Swedish and U.S. stakeholders and supports continued confidence in the transatlantic relationship.

In this dynamic environment, shared values—democracy, the rule of law, and human rights—remain the foundation for innovation and investment. To stay competitive, we must reduce friction and break down barriers to progress, strengthening resilience, preparedness, and growth. By strengthening supply-chain resilience and prioritizing life sciences, tech, and defense—including AI, digital trade, and friendshoring—we unlock new pathways for investment and growth while reinforcing our members’ competitive advantage.

Addressing opportunities and challenges in transatlantic business

AmCham Sweden is a vital platform for identifying opportunities, reducing friction, and fostering constructive dialogue in transatlantic business. We help strengthen Sweden–U.S. competitiveness and economic ties by convening members and stakeholders around key interconnected priorities where trust, cooperation, and bridge-building matter most, including:

Cross-cutting enabler: Capital Markets Union (CMU) - Support accelerated delivery of the EU Capital Markets Union to reduce fragmentation and unlock deeper pools of private capital—lowering the cost of financing and scaling innovation and strategic investment across all priority areas below, from digital infrastructure and life science to resilience and the green transition.

1. Digitalization, Emerging Technologies & Transatlantic Cooperation To ensure both nations lead in the age of AI and digital transformation, we focus on aligning regulatory environments with technological advancement:

• Harmonized Standards: Advocate for reduced regulatory burdens and shared digital standards to foster seamless trade, with a specific focus on navigating the enforcement of the EU AI Act, advancing the U.S.-Sweden 6G Research Partnership, securing industry interests in Quantum and Web 4.0, and the 2026 implementation of Sweden’s Cybersecurity Act (NIS2).

• Strategic Partnerships: Highlight and support key collaborations, such as the U.S.- Sweden 6G Research Partnership, the U.S.- Sweden Technology Safeguards Agreement (TSA), other relevant digital trade agreements, and a potential Sweden–U.S. “Technology Prosperity Framework” (MoU-style), modeled on the U.S.–UK Technology Prosperity Deal.

2. Resilience, Preparedness & Shared Security Amidst geopolitical tensions, we prioritize a stable and secure environment for long-term business growth:

• Defense Collaboration: Strengthen transatlantic security through NATO and the U.S.-Sweden Defense Cooperation Agreement (DCA). Ensure involvement of U.S. defense firms in Swedish and EU defense procurement.

• Supply Chain Resilience: Promote "friendshoring" to reduce reliance on non-market economies and mitigate disruptions from climate change, geopolitics or other global or regional disruptions.

3. Precision Medicine & Healthcare Data To position Sweden and the U.S. as global leaders in life science by fostering competitiveness, investment, and growth:

• R&D Leadership: Foster partnerships in healthcare innovation to improve patient outcomes and increase societal value, treating health as an investment from a value-based perspective.

• Data Frameworks: Advocate for shared frameworks that allow access to real-world healthcare data while promoting compliance with data protection legislation, enabling treatment optimization in a digitally sustainable manner.

• Infrastructure Modernization: Drive efforts to update healthcare data infrastructure and resolve regulatory inconsistencies to spur competitiveness.

4. Workforce of the Future To safeguard long-term competitiveness and strengthen the innovation ecosystem, we must ensure the workforce is prepared for evolving industry demands:

• Educational Alignment: Align educational priorities with transatlantic industry needs in AI, green tech, and precision medicine to prepare a competitive workforce.

• Talent Mobility: Advocate for streamlined immigration and incentives to attract top-tier experts and strengthen U.S.-Sweden innovation ecosystems.

• Lifelong Learning: Support public-private partnerships that foster workforce adaptability and continuous learning.

5. Sustainability & the Green Transition Champion U.S.-Sweden collaborations to set global benchmarks in sustainable business:

• Regulatory Leadership: Support compliance with the Corporate Sustainability Reporting Directive (CSRD) and promote sustainability leadership while avoiding excessive burdens and preserving climate mitigation incentives.

• Green Capital: Advocate for streamlined regulatory processes to mobilize capital for the green transition by investing in electric grid upgrades, renewable fuels alongside electrification, and technology-neutral solutions across industries. 

• Innovation Gap: Promote cross-border initiatives to close the innovation gap and ensure sustainable, competitive growth while limiting extraterritorial exposure.