Natural resources are really important for Sweden's economy. They help many industries grow and add to the country's wealth. Let’s break down some key points:

1. Lots of Natural Resources

• Forestry: Sweden has huge forests that cover about 69% of the land. The forestry industry helps make about 2.7% of Sweden's money and gives jobs to around 50,000 people.
• Mining: Sweden has many minerals, especially iron ore. In 2020, the country produced about 26 million tons of iron ore, making it one of the biggest producers in Europe.
• Hydropower: About 40% of Sweden's electricity comes from hydropower. This is a clean and renewable energy source that helps many industries run smoothly.

2. Economic Benefits

• Exports: Natural resources are a big part of what Sweden sells to other countries. In 2021, Sweden exported goods worth about $175 billion, with mining and forestry products being major parts of this.
• Jobs: Nearly 300,000 people work in the natural resource sector. This not only helps those families but also supports local communities and the whole country’s economy.

3. Sustainability Efforts

• Sweden is committed to taking care of its natural resources. They focus on sustainable practices that allow for long-term growth while also protecting the environment. Because of this, Sweden is a leader in responsible forestry and mining.

In summary, Sweden's rich natural resources are essential for its economy. They help various industries grow while also being mindful of the environment.