The trade between Sweden and Portugal started already in the 15th century and there exists a genuinely good trade relation. Swedish export to Portugal totaled 6.1 billion in 2015. This was an increase of 4.8 percent compared to 2014 and a continued increase is expected during 2016-2017. Many large Swedish companies operates in Portugal and today there are more than 100 subsidiaries established on the market.
Business Sweden has been in Portugal since 1989. The office is located in the center of Lisbon and is part of the Business Sweden Iberia hub. In Lisbon there are currently three employees and in the Madrid office there are eight employees. Business Sweden in Portugal has an important collaboration with the office in Johannesburg in variousconsulting projects in Angola and Mozambique.