Swedish companies have maintained a presence in the Philippines for decades. These early movers have since been joined by a new wave of Swedish businesses exploring the country’s expanding consumer market, its established manufacturing sectors, and its global role as a hub for business process services.
Key sectors where Swedish companies are performing well include energy, industrial equipment, and professional services. Energy companies are particularly well-positioned to support the Philippines' renewable energy targets, benefiting from the country’s strong commitment to sustainability.
Although sustainability is not yet a decisive factor for most Filipino buyers, Swedish companies have noted a gradual shift towards increased awareness.
Eighty-seven per cent of companies say the Swedish brand supports their business, with nearly one in three citing it as a strong contributor. Swedish companies – known for their innovation, quality, and safety – continue to enjoy a strong brand reputation in the Philippines. This reputation helps Swedish businesses differentiate themselves in a competitive market and build trust with both local consumers and government stakeholders.
Want to read a full overview of the survey results with a detailed analysis? Download the report today.
ABOUT THE SURVEY
This publication marks the first-ever Business Climate Survey for Swedish companies in the Philippines. It reflects the experiences, insights, and outlook of Swedish businesses across sectors – from industrial technology to healthcare, from energy to professional services.
Team Sweden in the Philippines – composed of the Embassy of Sweden and Business Sweden in Manila – will use the findings of this report for future dialogue and engagement with partners in both the private and public sectors.
We are grateful to all companies who participated and shared their insights with us. Your contribution has made this first ever Business Climate Survey in the Philippines possible.
Maraming salamat! Tack! Thank You!
