FX.co ★ Sweden Posts Strongest Order Growth Since 2022

In November 2025, the Swedish industry experienced a significant surge in total orders, which increased by 23% compared to the same month in the previous year. This follows a revised growth of 11.9% in October and represents the most substantial rise since December 2022. A notable increase was observed in orders from international customers, which jumped by 32.5% up from 4.4% in October. In contrast, orders from domestic customers increased at a more moderate rate of 5.7%, down from the previous 22.9%. Within the industrial sector, the demand for capital goods saw a substantial increase of 70.6%, compared to 36.3% earlier, while orders for goods related to energy continued to decline, decreasing by 28.7% after a previous 22% drop. On a seasonally adjusted monthly basis, the total orders rose by 11.8% in November, building on an upwardly revised 4.9% increase in the prior month. From January to November, the overall industrial orders were up by 8% compared to the same timeframe the previous year, with domestic orders rising by 3% and foreign orders increasing by 11.2%.