The EU is currently negotiating and signing free trade agreements at an increasing pace. There is, however, a lack of knowledge on the behaviour of companies and their use of free trade agreements. This generates many assumptions and allegations that keep proliferating in the literature and in political discourses.

In this report, access to customs data on all the import transactions from South Korea undertaken by Swedish importers during a sample period allows us to open the ‘black box’ of company behaviour.