As one of Latin America’s leading mining economies and a key supplier of minerals essential to the energy transition, Peru continues to offer significant opportunities for Swedish companies. Demand for advanced industrial equipment, automation, electrification, sustainable mining solutions, and infrastructure development remains strong.
At the same time, companies report a more complex operating environment. Political uncertainty ahead of the 2026 general elections, customs procedures, regulatory barriers, and taxation continue to affect competitiveness and investment decisions. Infrastructure and transparency are also highlighted as areas requiring improvement.
Cooperation between Sweden and Peru remains particularly strong within mining, industrial equipment, energy, healthcare, and digital solutions. Swedish companies continue to support Peru’s industrial modernisation and sustainability ambitions through advanced technologies, innovation, and responsible business practices.
Competitiveness in Peru is closely linked to sales competence, cost efficiency, staff development, and strong customer relationships. The Swedish brand remains highly valued and continues to be associated with quality, innovation, sustainability, and reliability.
Peru is widely regarded as a market with strong long-term potential and solid macroeconomic fundamentals. However, companies also point to political uncertainty, structural bottlenecks, and regulatory complexity as ongoing challenges.
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ABOUT THE SURVEY
To assess the opportunities and challenges faced by Swedish companies in international markets, Team Sweden conducts annual Business Climate Surveys across multiple markets worldwide. This year’s survey in Peru includes responses from 10 Swedish companies operating in the country. Industrial companies represent a significant share of respondents, while professional services companies also make up part of the respondent base. The majority of respondents have been active in Peru for more than five years.
We would like to extend our sincere appreciation to all participating companies and respondents who contributed to this report. Team Sweden in Peru hopes that the findings will serve as a basis for continued dialogue with Peruvian authorities and other relevant stakeholders.
