93% of Swedish manufacturers affected by trade barriers, survey finds

GOTHENBURG, Sweden, Oct. 6, 2026 /CourierPR/ -- Trade barriers affect 93% of Swedish manufacturers, according to a survey by advisory firm Triathlon Group. Among the 100 largest manufacturing companies in Sweden, 58% reported a moderate or significant impact from these barriers. Despite the challenges, 75% of the surveyed companies expect increased order intake in 2027, up from 59% for 2026. A record 82% of respondents anticipate higher revenues in 2027, the highest share since the report began in 2015.

However, companies remain cautious about increasing investment. Only 26% of the respondents plan to boost investment in 2027, while 65% expect no change. Exports account for around 51% of sales among the companies studied, making them particularly vulnerable to disruptions in international trade. Trade barriers and geopolitical uncertainty may explain the cautious approach to investment, according to Fredrik Wadsten, CEO of Triathlon Group.

The survey, published twice a year by Triathlon Group, covers the 100 largest manufacturing companies in Sweden. The autumn survey was conducted through in-depth interviews with senior executives in September 2026, with a response rate of 70%. Key findings include: - 75% expect increased order intake in 2027, compared with 59% for 2026. - 82% expect higher revenues in 2027, the highest share recorded since 2015. - 26% expect to increase investment in 2027; 65% expect no change. - 40% expect to increase headcount in 2027; 55% expect no change.

The survey highlights the complex landscape facing Swedish manufacturers, with a mix of optimism and caution. While the majority of companies anticipate growth in orders and revenues, they are hesitant to commit to increased investment. The impact of trade barriers and geopolitical uncertainty is a significant factor in their cautious approach.

In addition, 93% of respondents report being affected by trade barriers, with 58% citing a moderate or significant impact. Companies mainly point to effects on costs and margins, as well as sales and market access. These findings underscore the ongoing challenges faced by Swedish manufacturers in an increasingly complex global trade environment.

The survey also reveals that Swedish manufacturers are entering 2027 with strong expectations for demand, while remaining cautious about increasing investment. This cautious stance may be influenced by the economic slowdown that has persisted for several years. Despite the challenges, the outlook for orders and revenues is particularly strong, according to the survey results.

The survey, which has been published twice a year since 2015, provides valuable insights into the state of Swedish manufacturing. With a response rate of 70%, the survey offers a comprehensive view of the industry's current state and future expectations. The findings suggest that while Swedish manufacturers are optimistic about the coming year, they remain wary of making significant investments due to the ongoing trade barriers and geopolitical uncertainties.

In conclusion, the survey by Triathlon Group highlights the dual nature of the Swedish manufacturing sector in 2027. While companies anticipate growth in orders and revenues, they are cautious about increasing investment, reflecting the complex and uncertain global economic landscape.