1、 BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN THAILAND 2024 A REPORT FROM TEAM SWEDEN IN THAILAND TABLE OF CONTENTS FOREWORD.3 ABOUT THE SURVEY.5 ECONOMIC OUTLOOK.9 THE MARKET.15 HOW SWEDISH COMPANIES SUCCEED IN THAILAND.21 ACTING SUSTAINABLY.24 CONTACT US.28 KEY CONTRIBUTORS TO THIS REPORT Busi

2、ness Sweden in Thailand Kacper Pierzynowski,Supakrit Snidvongs Na Ayudhya Swedish Chamber of Commerce in Thailand Pojanath Bhatanacharoen,Johan Lindeson Embassy of Sweden in Thailand Anna Hammargren,Katarina Svensson Copyright 2024 Business Sweden FOREWORD FOREWORD The purpose of this report is to e

3、nhance the readers understanding of the recent performance of Swedish companies in Thailand and to explore the opportunities and challenges presented by the Thai market.Additionally,this report aims to serve as a reference for bilateral trade relations between Sweden and Thailand.Team Sweden conduct

4、ed the Business Climate Survey,inviting Swedish companies of all sizes and industries operating in Thailand to provide feedback on their perception of economic and market conditions,as well as comment on factors such as sustainability and innovation.Approximately 60 per cent of the identified Swedis

5、h companies in Thailand participated in this report,ensuring a comprehensive outlook on the Swedish business landscape in the Thai market.Despite the geopolitical turbulence and global supply chain disruptions witnessed in recent years,Swedish companies have demonstrated resilience in their economic

6、 endeavours and continue to display a strong willingness to engage with Thailand and establish new subsidiaries in the market.This has contributed to Thailands position as Swedens top investment destination in Southeast Asia for over 15 years.Currently,Swedish companies hold a predominantly neutral