This allowed Sweden to continue to provide Germany with ball-bearing steel, largely offsetting the drop in the Swedish export of finished ball-bearings.
Its aim is to promote Swedish exports by issuing guarantees, functioning as insurances, by which the Government of Sweden assumes certain risks.
Businessmen discuss Swedish exports.
Airplanes are not the only expensive Swedish exports.
Between the world wars, major Swedish exports were steel, ball-bearings, wood pulp, and matches.
They made Sweden the leading exporter of matches and made matches the most important Swedish export.
Swedish exports also have proven to be surprisingly robust.
In fact, half of Swedish net exports are products from the forestry industry.
Exports to 'Portuguese West Africa' amounted to 0.03% (1.8 million kronor) of the total Swedish exports in the same year.
The Swedish export to Iraq has during the last years mainly contained engineering products.