At present, Mexico remains the second largest economy in Latin America. Sweden and Mexico have partnered countless times in the 140-year-long relationship of historical connection.

Mexico has been a landscape for Swedish growth in the Americas, and conversely, Sweden’s innovative expertise in machinery, telecommunications, and infrastructure has been absorbed into the fabric of a country that is modernising so rapidly.

This report provides a comprehensive overview of the current state of economic affairs between these two countries to further cultivate collaboration and solidify opportunities. It explores both the prospects and challenges faced by Swedish companies in Mexico at the present time, while highlighting and promoting the outcomes of economic cooperation.

The Swedish brand continues to play a major role in the success of surveyed Swedish companies operating in Mexico. In fact, 75 per cent of the companies surveyed reported that the brand contributes to their success.

Six out of seven companies with environmentally highly conscious clients also believe that the Swedish image strongly contributes to their business in Mexico. This suggests a clear correlation between Sweden’s global reputation for sustainability and the value it brings in markets where environmental responsibility is a competitive advantage.

Want to read a full overview of the survey results with a detailed analysis? Download the report today.

ABOUT THE SURVEY

The Business Climate Survey offers insights into both the opportunities and the challenges encountered by Swedish firms in Mexico.

During Q1 2025, the fourteenth 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.

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