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1、 BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN MEXICO 2023 A REPORT FROM TEAM SWEDEN IN MEXICO TABLE OF CONTENTS FOREWORD.4 EXECUTIVE SUMMARY.5 ABOUT THE SURVEY.6 ECONOMIC OUTLOOK.7 THE MARKET.11 HOW SWEDISH COMPANIES SUCCEED IN MEXICO.17 ACTING SUSTAINABLY.20 CONTACT US.24 KEY CONTRIBUTORS TO TH

2、IS REPORT Business Sweden in Mexico Jenny Engstrm Jesper Bernhardsson Rossana Caldern Mara Jos Aguirre Embassy of Sweden in Mexico Hanna Begler copyright 2023 Business Sweden 47 survey respondents in Mexico Current business climate Industry turnover Future investments Growing confidence and positive

3、 outlook for Mexicos business climate 72%expect their industry turnover to increase in the next 12 months 36%plan to increase investments slightly to significantly in the next 12 months Market valued success factors Brand Sweden 1.Cost efficiency 2.Collaboration/feedback from clients 3.Sales compete

4、nce 86%think that the Swedish Brand is beneficial for business in Mexico Local conditions with highest value Local conditions with lowest value 4.Distributors 5.Service providers 6.Work culture/business mindset 1.Licenses and permits 2.Transparency/equal treatment 3.Personal safety Environmental con

5、siderations Corruption Human rights violation and labour rights abuse 60%think that environmental concern plays an important role in customers purchasing decisions Moderate to high risk environment with limited positive progress Low reported incidence but a risk factor that needs to be considered FO

6、REWORD BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN MEXICO 2023|4 FOREWORD Mexico,with its vibrant economy and vast population,stands as a key player in the Latin American market and on the global stage.Its position as Latin Americas second largest market and the worlds fifteenth largest economy