The historical link between Sweden and Mexico dates back more than 170 years, laying a solid foundation for long-lasting connections and exemplifying successful collaboration and shared principles.

Despite the complex global economic environment in 2023, Mexico maintained a solid and resilient position, exceeding growth expectations, according to the Central Bank of Mexico, Banxico. Notably, 66 per cent of the Swedish companies operating in Mexico reported profits. 

In recent years, a growing number of Swedish companies have entered the market. Of the Swedish companies surveyed operating in Mexico, 47 per cent established themselves after 2013. Swedish companies have the potential to contribute substantially to Mexico's journey towards inclusive and sustainable development, using their extensive expertise, technological capabilities, and commitment to sustainability.

Please download the report to fully overview the results with a detailed analysis. 

ABOUT THE SURVEY

In April 2024, the thirteenth edition of the Business Climate Survey for Swedish companies operating in Mexico was conducted by Team Sweden Mexico, commissioned by the Swedish Embassy in Mexico and Business Sweden Mexico. 

The Business Climate Survey presents an in-depth assessment of the opportunities and challenges Swedish companies face in Mexico. The questionnaire for this year was sent to 93 Swedish companies operating in Mexico, with a response rate of 47 per cent, involving to 44 participating companies.

We express our sincere appreciation to all the companies that have contributed to this survey by sharing their valuable insights and experiences.

Please download the report to fully overview the results with a detailed analysis.