Switzerland
Europe
Trade in Switzerland
| Switzerland was the world’s 22nd largest exporter of goods and 13th largest exporter of commercial services in 2022. Export values were $400.69 billion and $148.02 billion USD respectively. Switzerland’s top export category was Manufactures, followed by Chemicals, and Pharmaceuticals. In 2022, Switzerland’s main export destination markets for goods and services trade were to United States, Germany and China, with trade representing 140.17 per cent of GDP. In terms of imports, Switzerland is the world’s 22nd largest importer of goods and 11th largest importer of commercial services. Import values were $357.12 billion and $157.56 billion USD respectively in 2022. Switzerland’s top import category was Manufactures, followed by Chemicals and Machinery and transport equipment. Leading import partners were Germany, Italy and United States. Switzerland is part of 35 different Regional Trade Agreements, including EFTA – Accession of Iceland and EFTA – Albania. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Swiss Confederation |
Abbreviation |
CH |
Capital |
Bern |
WTO Membership Date |
1 July 1995 |
Legal System |
civil law system; judicial review of legislative acts, except for federal decrees of a general obligatory character |
Language |
French, German, Italian, Romansch |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Swiss franc |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.bazg.admin.ch/bazg/en/home/services/services-firmen/services-firmen_einfuhr-ausfuhr-durchfuhr/zolltarif-tares.html |
Last Reviewed: June, 2024
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