Skip to content

Trade Research: Connecting Thailand and the world

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.

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

Access the full 'Trade Research - Connecting Thailand and the world' report now.

ASEAN’s International Bank

Don’t expand your business across ASEAN, unless you’re with a bank that’s done it before.
Learn more

Interested in expanding your business to ASEAN?

This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) and is for the exclusive use of the person to whom it is provided. It is intended for reference and illustrative purposes only. It does not constitute an offer or solicitation for, or advice or recommendation that you should enter into any transaction with HSBC or any of its subsidiaries or affiliates.

HSBC has based this Document on information obtained from sources it believes to be reliable but which it has not independently verified. All information contained in this Document (including without limitation, information about products, terms and conditions, pricing, forecasts, market influences and HSBC policy) is subject to change from time to time without any obligation on HSBC to give notice of such change to you.

HSBC makes no guarantee, representation or warranty and accepts no responsibility or liability for the contents of this Document and/or as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Document to the maximum extent permitted by law. You are responsible for making your own evaluation about the products referred to in this document. HSBC recommends that before you make any decision or take any action that might affect you or your business, you consult with suitably qualified professional advisers to obtain the appropriate financial, legal, accounting, tax or other advice.

© Copyright. The Hongkong and Shanghai Banking Corporation Limited 2023, ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC.

Need help?

Get in touch to learn more about our banking solutions and how we can help you drive your business forward.
Contact us