In this year’s survey, 34 per cent of respondents said that Hong Kong’s business climate was good or very good, up from 26 per cent in 2024.
It is encouraging to see that Swedish businesses in Hong Kong perceive an improvement in the business climate compared to last year, and their financial performance has ticked up. Hong Kong remains an attractive place to do business, with little red tape, and remains an important regional hub for Swedish companies.
After last year’s all-time high, the perceived business contributions of the “Swedish brand” remains high. Fifty-eight per cent of respondents say that it contributes either to an extent or to a great extent to their business in Hong Kong.
The Swedish brand remains associated with positive characteristics. Quality remains as the top characteristic and sustainability has increased to claim the second spot.
Of the respondents, 85 per cent stated that sustainability is part of their business model or strategy, although Swedish companies in Hong Kong still perceive government sustainability policies as overall unsatisfactory.
Please download the report to fully overview the results with a detailed analysis.
ABOUT THE SURVEY
The Business Climate Survey for Swedish Companies in Hong Kong SAR 2025 is a joint initiative by Team Sweden in Hong Kong. The aim of the survey is to further understand the performance of Swedish companies, their perception towards market conditions, opportunities, and challenges that they are facing, as well as their outlook on the Hong Kong market.
This year's survey was conducted from February 6 to February 27, 2025. Out of the 98 Swedish companies in Hong Kong who were invited to take part in the survey, 61 companies participated, resulting in a response rate of 62 per cent.
We remain committed to working closely with Swedish businesses and Hong Kong partners for our joint prosperity.
