Asia-Pacific

• Asia currently accounts for approximately 40% of the global economy, and the region is expected to contribute nearly 60% of global GDP growth by 2024. The fastest growth is projected in India, with an expected GDP growth of 6.8% this year.
• 60% of the world's population lives in Asia, compared to 10% in Europe.
• There is significant urban migration, with 550 million more people expected to be living in cities by 2035.
• There is strong demand for Swedish products—especially in sustainable solutions, transportation, medical technology, and environmental technology.

For many companies it has become crucial to establish a foothold in the region simply because it is so ripe with opportunity. Many large Swedish industrial companies already have a strong heritage there, having entered the market several decades ago. As a result, Swedish products and brands have an established reputation of quality and cutting-edge technology. But entering APAC can also be seen as a particularly tough task, and Swedish SME exports to the region are presently lagging behind European peers. Studies have shown that they find it challenging because of the distance, cultural differences, perceived business risk, and also their own bottlenecks in terms of limited resources, etc.

After all, more than 20 countries make up the Asia-Pacific market – a gigantic region with a diverse set of cultures, religions, languages and social trends that differ from city to city. This is where Business Sweden can help. We have a team with over 150 business developers on the ground throughout the region itself, all with in-depth and inside knowledge about each corner of the different markets.

• Supply chain reconfiguration is a growing concern due to global disruptions
• New requirements on transparency and traceability (e.g. CS3D, CBAM) of goods imported into the EU market also require greater control from companies
• Supply chain decisions are more critical and costly than export-related decisions, requiring a fact-based and unbiased approach

2 half-year supply chain reports

with more hands-on advice and cases, focusing on country-to-country movements, new regulations from key exporting markets, etc., based on 15-20 interviews with COO and Supply Chain Managers

2 seminars/round tables

On supply chain transformation trends (from interviews), including deep-dives on new legal frameworks

16 hours for initial validation to SMEs

• Which produces overview or answers questions on supply chain transformation opportunities for specific companies.

Key questions could cover:

• Are there requirements on local content for selling in a particular market?
• What are ways that regulations can affect the supplier setup?
• Should the company set up their own production or only find suppliers in specific markets?
• Which countries are the most relevant for production set-up?
  
  
• Assist with supplier background checks via leverage across Asia, using best practice