International Trade in Switzerland

International Trade in Switzerland

Switzerland has a highly successful market-based economy. Its standard of living, its industrial productivity, the quality of its education system, and its health-care system are amongst the highest in Europe.After several years of growth rate above the European average, the Swiss economy... Read more

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Market Analyses About Switzerland (101)

Import and Export Services in Switzerland (860)

  • GSL Consulting LLC

    GSL Consulting LLC

    Due Diligence, Switzerland

    GSL Global Shipping and Logistics Consulting is a consulting company specializing in Logistics and Supply Chain...
  • Universal Consensus

    Universal Consensus

    Cross-Cultural Training, Switzerland

    Universal Consensus is a global business advisory firm specilized in cross-cultural consulting whose mission is to help clients to...

Business Tips About Switzerland (33)

Agents and Distributors in Switzerland (55)

  • XL Group, Inc.

    XL Group, Inc.

    Sales Agents, Switzerland

    XL Group buys products from small & medium manufacturers and resells them overseas by partnering with importer / wholesalers and...
  • Inter SA

    Inter SA

    Textiles/Apparel Sales and Distribution, Switzerland

    INTER S.A. is a Swiss multinational supplier company based in Geneva, Switzerland operating worldwide dealing mainly with Textiles,...

Overview About International Trade in Switzerland

Main Industry Sectors

Agriculture contributes around 1% to the GDP and employs less than 4% of the active population (only 10% of the land is suitable for cultivation). The primary agricultural products are livestock and dairy products. Swiss authorities grant numerous direct subsidies to farmers in order to meet strict ecological criteria such as soil protection. Organic farming is booming. There are hardly any mineral resources on Swiss soil.

Electricity is generated chiefly from hydraulic and nuclear power. Switzerland is renowned worldwide for the high quality of its manufactured products, which include watches, motors, generators, turbines, and diverse high-technology products. Located in Basel, the chemical and pharmaceutical industry exports all over the world.

The service sector contributes to over 70% of the GDP and employs slightly under three quarters of the active workforce. Well developed and globally competitive sectors such as banking, insurance, freight and transport, contribute substantially to the development of international trade across Switzerland. Tourism, which adds significantly to the economy, helps to balance Switzerland's trade deficit.


Economic Overview


News Related to International Trade in Switzerland

  • Canada and Switzerland deposit their instruments of ratification for the Multilateral BEPS Convention - Aug 30, 2019

    Canada and Switzerland deposit their instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Canada and Switzerland, the MLI enters into force on 1 December 2019.

    Source: OCDE

  • Switzerland To Expand AEOI Network - Aug 23, 2019

    The Swiss Government will exchange financial account information with 33 other countries' tax authorities for the first time in September.


  • Switzerland To Share Taxpayer Data With Hong Kong, Singapore - Aug 23, 2019

    Switzerland's agreements for the automatic exchange of financial account information with Hong Kong and Singapore have entered into force.