International businesses are accelerating their growth into Southeast Asia (SEA). Our Trade Research report captures the sentiment of over 3,500 companies from across nine markets that are either considering or already doing business in the region.
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Growing interest and expectations in SEA
As the disruptive effects of COVID-19 recede, our report reveals high levels of expected growth among foreign firms operating in SEA, a strong appetite for M&A activity, and a widespread confidence in the economic growth potential of the region.
23%
Companies expect to see 23% annual organic growth in SEA markets in 2023 compared to 20% last year
91%
plan to expand into a new SEA market over the next 2 years
71%
expect their organic growth to increase by 20% or more in SEA
Access the full 'Trade Research - Connecting Southeast Asia and the world' report now.
Thailand: the leading choice for business expansion
24%
companies who already operate in Thailand expect to prioritise growth there over the next 2 years
28%
rate Thailand’s skilled workforce as the most attractive feature of the market
35%
expect technology to drive a substantial increase in economic growth in Thailand over the next 10 years
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ASEAN's International Bank
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