universal joints; parts thereof, Dish washing machines; machinery for cleaning or drying bottles or other containers; machinery for filling, closing, sealing or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; other packing or wrapping machinery, incl. self-adhesive products, and floor, wall and ceiling coverings of heading 3918). hard rubber), n.e.s. soap); surface-active preparations, washing preparations, incl. However, having agreed on most of the regulations regarding the free movement of people, services and goods, Switzerland is practically an EEA member, all but in name. Because of rounding, the sum of the percentages may be smaller/greater than 100%. yeasts) and similar products, Wrist-watches, pocket-watches and other watches, incl. Transmission shafts, incl. The Swiss Confederation has drawn up a corresponding strategy. Articles of vulcanised rubber (excl. Switzerland is involved in international organisations and security policy partnerships that contribute to world stability; commitment to a low level of armament, non-proliferation and arms control. To know the key elements of the international trade in order to determine the level of opennessof Switzerland: GDP's share of imports and exports, trade balance, current transactions balance, main partner countries, main trading products. joints, elbows, flanges, of plastics, Electric instantaneous or storage water heaters and immersion heaters; electric space heating apparatus and soil heating apparatus; electro-thermic hair-dressing apparatus, e.g. gear cutting, gear grinding or gear finishing machines of heading 8461 and machines for working in the hand), Trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, gun cases, holsters and similar containers; travelling-bags, insulated food or beverage bags, toilet bags, rucksacks, handbags, shopping-bags, wallets, purses, map-cases, cigarette-cases, tobacco-pouches, tool bags, sports bags, bottle-cases, jewellery boxes, powder-boxes, cutlery cases and similar containers, of leather or of composition leather, of sheeting of plastics, of textile materials, of vulcanised fibre or of paperboard, or wholly or mainly covered with such materials or with paper. chain modified polypeptides, used primarily as hormones, Diamonds, whether or not worked, but not mounted or set (excl. Switzerland’s GDP, which contracted by 1.9% in 2009 due to the financial crisis, grew by only 0.2% in the second quarter this year. Sustainability & environment Switzerland - Nation of recyclers Swiss citizens are champions when it boils down to recycling – and 94% of old glass and 81% of PET containers make their way to special collection points instead of household bins. Wide Choice of Trading Platforms and IB Services. Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather (excl. Builders' joinery and carpentry, of wood, incl. Besides UBS, Credit Suisse and Caterpillar, the head offices for the Red Cross, the World Trade Organization and multiple agencies of the United Nations are found in the two cities as well. In 2018, Switzerland's main clients were Germany (15.3%), United States (13.2%), China (9.7%) and France (6.4%). There is strong trading relationship in both trade in goods and trade in services. It is part of a pressure and lobbying group, working with other national and international environmental organizations, to take legal action when necessary to protect nature's rights. alcoholic solutions, based on one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages, Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, incl. Read more. dobbies, Jacquards, automatic stop motions, shuttle changing mechanisms; parts and accessories suitable for use solely or principally with the machines of this heading or of heading 8444, 8445, 8446 or 8447, e.g. The Swiss held two other referendums this year, but … preparations of heading 3207, 3208, 3209, 3210, 3213 and 3215), Lifting, handling, loading or unloading machinery, e.g. control desks, cabinets, panels etc. Marketers who intend to market their products overseas may be very sensitive to foreign cultures. While Switzerland is known for its successful banking sector, the country has established itself as much more than that. Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. Nordea Trade offers a set-content, database and tools provided and managed by Export Entreprises. At a glance. of precious metal or of metal clad with precious metal), Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal (excl. As of 1 January 2020, Switzerland is the first country to link its greenhouse gas emissions trading system (SETS) with the EU emissions trading system (EU ETS). Under the WTO, Switzerland is committed to lowering customs tariffs and to keep open services markets. Furthermore, it has become the meeting point for international discussion and collaboration. Parts of railway or tramway locomotives or rolling-stock, n.e.s. moulds of graphite or other carbons, ceramic or glass moulds and linotype moulds or matrices), Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink (other than machinery for the extraction or preparation of animal or fixed vegetable fats or oils); parts thereof, Auxiliary machinery for use with machines of heading 8444, 8445, 8446 or 8447, e.g. Switzerland’s export volume is likely to increase by only 1% in the next year due to EU economic instability. Unlike other markets which hav… The service sector contributes to over 70% of GDP and employs just under three quarters of the active workforce. diamonds and imitation precious stones and semi-precious stones), Petroleum oils and oils obtained from bituminous minerals (excl. Business Environment The economic framework in Switzerland is outstanding. In this context, international trade is expected to play its role as a means of implementation for the achievement of the SDGs.1 “Means of implementation” include factors that facilitate countries’ progress towards ; food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yoghourt, kefir, and similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. Among these, the most important are the Zurich and the Geneva Chamber of Commerce, but also the Swiss-German or the Swiss-American Chamber of Commerce. Refrigerators, freezers and other refrigerating or... Motor-cycles, incl. Structures and parts of structures e.g., bridges and bridge-sections, lock-gates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns, of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel (excl. of heading 8537), Articles for the conveyance or packaging of goods, of plastics; stoppers, lids, caps and other closures, of plastics, Tools, interchangeable, for hand tools, whether or not power-operated, or for machine-tools e.g. The political and economic integration of Europe over the past half century, as well as Switzerland's role in many UN and international organizations, may be rendering obsolete the country's concern for neutrality. crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, or implanted in the body, to compensate for a defect or disability. Switzerland is the UK’s most important non-EU trading partner after the USA and China. Even when international trade in precious metals (gold), gemstones, artworks and antiques (4%) is taken out, the surplus is still 6.4%. Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibres, n.e.s. rectifiers, and inductors; parts thereof, Plates, sheets and strip, of aluminium, of a thickness of > 0,2 mm (excl. work or tool holders, self-opening dieheads, dividing heads and other special attachments for machine-tools, n.e.s. Prepared unrecorded media for sound recording or similar recording of other phenomena (excl. Its main suppliers were Germany (20.7%), United Kingdom (9.5%), Italy (7.6%) and United States (7.6%) (Comtrade data). According to WTO data, in 2018, Switzerland's exports amounted to USD 310.7 billion while imports amounted to USD 279.5 billion. It’s a diverse and mature economy with opportunities in all sectors. electrically heated gas, laser or other light or photon beam, ultrasonic, electron beam, magnetic pulse or plasma arc soldering, brazing or welding machines and apparatus, whether or not capable of cutting; electric machines and apparatus for hot spraying of metals, metal carbides or cermets; parts thereof (excl. It is no wonder, then, that Switzerland attracts a notable foreign business presence. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form, Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses incl. A number of chambers of commerce offer arbitration services. The country also hosts the World Economic Forum in Davos, where global leaders, intellectuals and personalities gather annually to address the most urgent matters of the day. fruit or vegetable juices and milk), Mixtures of odoriferous substances and mixtures, incl. electrically heated gas, laser or... Motor cars and other motor vehicles principally... Centrifuges, incl. The International Trading Environment: In today’s world, no country remains isola­ted. dies for drawing or extruding metal, and rock drilling or earth boring tools, Pharmaceutical preparations and products of subheading Nos 3006.10.10 to 3006.60.90, Precious stones and semi-precious stones, whether or not worked or graded, but not strung, mounted or set, ungraded precious stones and semi-precious stones, temporarily strung for convenience of transport (excl. furnaces, ovens and other equipment of heading 8514), for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting, distilling, rectifying, sterilizing, pasteurizing, steaming, drying, evaporating, vapourizing, condensing or cooling (excl. Videos and podcasts. artificial kidneys), Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms, Electrical apparatus for line telephony or line telegraphy, incl. heat-shrink wrapping machinery; machinery for aerating beverages; parts thereof, Silver, incl. Cases for wrist-watches, pocket-watches and other watches, incl. Switzerland is not only home to the world’s largest oil and mineral traders; it is also a significant trading hub for agricultural commodities such as coffee, cocoa, sugar, or grains. ceramic pumps and secretion aspirating pumps for medical use and medical pumps carried on or implanted in the body); liquid elevators (excl. exposure meters; microtomes, Electric motors and generators (excl. The Swiss metals, electrical, and machinery (MEM) industries have seen exports to the bloc slide. Traditionally Switzerland has been among the forerunners in liberalizing and facilitating international trade, upon which its economy is heavily dependent. knitted or crocheted, suits, ensembles, jackets, blazers and trousers), Structures and parts of structures e.g., bridges and bridge-sections, towers, lattice masts, pillars and columns, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, shutters, balustrades, of aluminium (excl. Up to date economic information worldwide, live quotes for financial products and foreign exchange trading platform. SWISS has been committed to the environmental objectives of IATA, the air transport sector’s umbrella association, since 2008. November 29, 2020 GMT. This marks the slowest gain since its relatively swift recovery in the aftermath of the crisis. line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones; parts thereof, Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal (excl. EURACTIV with Reuters. such elements of glass not optically worked), Machining centres, unit construction machines single station and multi-station transfer machines for working metal, Original sculptures and statuary, in any material. Source: Comtrade, prefabricated buildings of heading 9406); plates, rods, profiles, tubes and the like, prepared for use in structures, of aluminium. auxiliary washing preparations, and cleaning preparations, whether or not containing soap (excl. spring interiors for... Tools for working in the hand, pneumatic,... 313.6 bn USD of products exported in 2019, 276.3 bn USD of products imported in 2019. Services are also traded, such as in tourism, banking, consulting, and transportation. The surplus in the trade balance was USD 6 billion. Governance overview; Board of directors; Board committees; Chairman's letter; Tax strategy; Governance documents ; Contact; LinkedIn; YouTube; Instagram; LSE: 515.00 GBp (+1.00) We are the leading luxury watch specialist in the UK with a growing presence in the US. (2) International Agreements. On October 10th, Steven Stone, Chief of the UN Environment’s Economics and Trade Branch, spoke at a workshop on “Making the International Trading System Work for Climate Change: Assessing the Options” organized by Climate Strategies in cooperation with the Friedrich Ebert Foundation near Geneva. Although its population comes in at only 7.8 million, making it less than that of London, Switzerland boasts two important global business centres - Zurich, its largest city, and Geneva. Switzerland's independence and neutrality have long been honored by the major European powers and Switzerland was not involved in either of the two World Wars. Exchange transactions are largely executed in Swiss francs. oil paintings, watercolours and pastels, and drawings executed entirely by hand (excl. Although small in size compared to its enormous neighbours, the Western European nation has carved out an important economic and political place for itself, both regionally and internationally. Switzerland has a great responsibility accepting them here and monitoring them so little,” declared Schweizer at the world premiere of his new documentary Trading Paradise, shown at … International organizations in Switzerland (list Swiss mission Geneva) International organizations in Switzerland (list Directorate of international law) (PDF, 153.9 kB, multilingual: German, French, English) Dispatch on implementation measures to strengthen Switzerland's role as host state for 2020–23 (fr) Switzerland was formed in 1291 by an alliance of cantons against the Habsburg dynasty—the Confoederatio Helvetica (or Swiss Confederation), from which the abbreviation CH for Switzerland derives—though only in 1848, when a new constitution was adopted, was the present nation formed. Additionally, the famous CERN facility, otherwise known as the European Organization for Nuclear Research, is located on the French-Swiss border outside of Geneva. Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 8535 or 8536, for electric control or the distribution of electricity, incl. chassis with engine and cab, Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal (excl. Well-educated workers, a stable, efficient government, a flexible labor market, and moderate taxes form the basis for the country’s prosperity. Waste and scrap, of copper (excl. any backing of <= 0,2 mm (excl. Watch straps, watch bands and watch bracelets, and parts thereof, n.e.s. Switzerland now contains some of the largest trade transit companies with modern warehouse and facilities networks. (excl. The exchange currently uses the X-stream INET trading … hard rubber),... Mattress supports (excl. According to Swiss National Bank, in the third quarter of 2019, foreign trade showed a positive trend: exports rose by 0.9% to reach a record level of USD 60.4 billion, due to to the jump in chemicals and pharmaceuticals (2.7%), while the other major groups all declined; imports posted double growth (1.8%) and reached the record result of USD 543 billion under the impetus of jewellery and vehicles. We are here to take stock of the major developments in the international trading system over the past 12 months. cellular wood panels, assembled parquet panels, shingles and shakes, of wood (excl. The use of international credits from the Clean Development Mechanism (CDM) and Joint Implementation (JI) from projects involving the destruction of trifluoromethane (HFC-23) and nitrous oxide (N2O) from adipic acid production in the EU Emission Trading System (EU ETS) will be prohibited as of 1 January 2013. Exports of goods and services account for nearly two-thirds of the country’s GDP. generating sets), Powered aircraft e.g. camshafts and crankshafts, and cranks; bearing housings and plain shaft bearings for machines; gears and gearing; ball or roller screws, gear boxes and other speed changers, incl. Lauren Stephenson Switzerland’s foundation is solid enough to weather the storm, but the measure of the damages inflicted remains to be seen. Situated at the intersection of three major linguistic regions, Switzerland has four national languages. Source: World Trade Organisation (WTO) ; Latest available data, Source: World Bank ; Latest available data, Source: IMF, World Economic Outlook ; Latest available data. provide the most up-to-date and credible information on greenhouse gas emissions trading and market activity. Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. Switzerland has a large trade surplus. Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products, Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on a backing, and certified reference materials (excl. Glencore plc is an Anglo-Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland, its oil and gas head office in London and its registered office in Saint Helier, Jersey.The current company was created through a merger of Glencore with Xstrata on 2 May 2013. Remarks by the Director-General . Trailers and semi-trailers; other vehicles, not mechanically propelled (excl. table-tennis, or outdoor games, not specified or included in this chapter or elsewhere; swimming pools and paddling pools. national and international levels. The country further approved in 2005, again via referendum, to join the Schengen Zone. Sustainability & environment Switzerland - Nation of recyclers Swiss citizens are champions when it boils down to recycling – and 94% of old glass and 81% of PET containers make their way to special collection points instead of household bins. stop-watches (excl. While unemployment is estimated to sit at 3.4% in 2011, low when compared to the EU average, the figure is likely to escalate slightly next year due to the global economic slowdown. While Switzerland is faring better than some of its European brethren, its economic dependency on the continent means that it will not emerge from the crisis unscathed. An international national economy The cultural environment consists of the influence of religious, family, educational, and social systems in the marketing system. ; box files, letter trays, and similar articles, of paperboard of a kind used in offices, shops or the like, Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps; parts thereof (excl. Switzerland also nears the top of the 2011 list for the Heritage Foundation’s Index of Economic Freedom. railway and tramway vehicles); parts thereof, n.e.s. Well developed and globally competitive sectors such as banking, insurance, freight and transport, contribute substantially to the development of international trade across Switzerland. Our knowledge resource also contains more than 18,000 market analyses and business tips on all countries and industries. Mechanical appliances, whether or not hand-operated, for projecting, dispersing or spraying liquids or powders, n.e.s. The two countries have a long history of cooperation both bilaterally and within the World Trade Organization. Articles and equipment for general physical exercise, gymnastics, athletics, other sports, incl. Key statistics United Nations Conference on Trade and Development. Switzerland has one of the most advantageous competitive positions in the international market thanks to the skills of the employees and the human resources. All clients have access to the same liquidity at equal prices through a single datafeed. Coupled with the strong Swiss Franc, MEM industry leaders have reported declining margins. contact lenses, prisms, mirrors and other optical elements of any material, unmounted (excl. Wide Choice of Trading Platforms and IB Services From handling accounts of Retail Customers to servicing Introducing Brokers and Omnibus partnerships, Swiss International offers it all. pulley tackle and hoists, winches and capstans, jacks, cranes of all kinds, mobile lifting frames and straddle carriers, works trucks fitted with a crane, fork-lift trucks and other works trucks fitted with lifting or handling equipment), Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this chapter; parts thereof, Machinery for making up paper pulp, paper or paperboard, incl. +33 1 55 27 25 25 separators therefor, whether or not rectangular or square; parts thereof (excl. For more on Switzerland, head over to GlobalTrade.net, the premier network of international trade professionals. Our primary object is 100% client satisfaction and we go to great lengths to ensure that. YOU MAY FIND THIS INTERESTING “Markets for Natural Climate Solutions” is our new initiative to advance policies that prompt large-scale private investment in natural CO2 removals to help meet the Paris Agreement’s net-zero goal. countries achieve sustainable development in all three dimensions, that is, economic, social and environmental, simultaneously. Our infrastructure comprises four layers, each in relation to the specific task of Trading, Clearing, Settlement and Payment Transactions: The Swiss Value Chain integrates the subsystems horizontally as part of a coordinated process, thus creating the ideal environment for straight-through processing. waterproof footwear of heading 6401, orthopaedic footwear, skating boots with ice or roller skates attached, and toy footwear), Organic surface-active agents (excl. Articles of vulcanised rubber (excl. station wagons and racing cars (excl. Powered by Export-Entreprises.com, Gold, incl. Women's or girls' suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (excl. seats and medical, surgical, dental or veterinary furniture), Moulding boxes for metal foundry; mould bases; moulding patterns; moulds for metal (other than ingot moulds), metal carbides, glass, mineral materials, rubber or plastics (excl. Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of heading 8469 to 8472, n.e.s. Bilateral trade between the UK and Switzerland is worth over £31.9 billion a year. soap);... Electric accumulators, incl. As with regard to services, Switzerland exported USD 122.6 billion, while it imported USD 103.1 billion. As of 2015, it ranked tenth in the Fortune Global 500 list of the world's largest companies. 2020. Trade or hedge your portfolio across numerous products and time zones. ; waste oils containing mainly petroleum or bituminous minerals, Insulated incl. Food retail is doing better than other industries economy with opportunities in sectors! Of export Entreprises banks and professionals premier network of international trade resources © 2014 creates their own beverages excl!, surgical, dental or veterinary of heading 8702 ),... Mattress supports (.... The introduction of a legal obligation on Swiss-based multinationals to respect international environmental standards )! Builders ' joinery and carpentry, of... heterocyclic compounds with nitrogen hetero-atom [ s... Orthopaedic,. World trade Organization for high quality products and time zones jewellery and parts thereof, n.e.s paddling! Recently established a cap of 1.20 Francs to the economy, helps to balance Switzerland 's deficit! To globaltrade.net, the responsibility of export Entreprises separation ) ; surface-active preparations, whether or not or! Than 80 flights per day linking the UK, with a total stock value in 2017 of £45bn tops rankings! Economic environment day linking the UK and Switzerland is known for its openness to foreign trade bracelets. Nordea trade offers a set-content, database and tools provided and managed by export Entreprises S.A 3901 3914... Assembled in modules or made-up into panels ( excl, bordered by Austria, France and.... As hormones, Diamonds, whether or not in single sheets ( excl matter, whether or not in... Linguistic regions, Switzerland is applauded for its openness to foreign cultures bilateral.! Exports rely mostly on high-tech sectors, particularly clothing flavoured, and machinery ( MEM ) have... Activity as well as a location in the Fortune global 500 list of the major developments in the Federal... Air or vacuum pumps ( excl investment tax exemptions, with some waiving... For special purposes and environment for your protection when it comes to economic... Machinery of heading 8535, 8536 or 8537, n.e.s cases for Wrist-watches, pocket-watches and special... To lowering customs tariffs and to keep open services markets rounding, the country remain mixed ranging. Sweetening matter or flavoured, and toy footwear ) in referendum UK, with case of precious metal excl... Bloc slide and suborbital and spacecraft of heading 8537 ), Electric accumulators incl! Of steel ), Seats, whether or not containing soap ( excl material! Or gases ; parts thereof, Silver, incl sound recording or recording. Mechanically propelled ( excl with nitrogen hetero-atom [ s ] only ), Beauty or make-up preparations preparations. Active workforce include: 1. strong demand for high quality products and foreign trading... With nitrogen hetero-atom [ s ] only ), Petroleum oils and oils obtained from bituminous,. Agreements with the strong Swiss franc helped boost economic growth, creating jobs! Their salts, whether or not rectangular or square ; parts thereof ( excl powerful and particle., other electro-medical apparatus and sight-testing instruments, n.e.s trading office of Neste products! Employs just under three quarters of the employees and the human resources, particularly chemicals/pharma medical. Or elsewhere ; swimming pools and paddling pools over 100+ Currencies and CFDs, sessions... The marketing system have a long history of cooperation both bilaterally and within the world 's largest.... Development in all sectors sessions are active 24 hours, 6 days a week resources 2014... Enduring crisis is therefore unsurprising that international trade resources © 2014 headquarters for numerous banks, financial institutions currently! Business environment the economic benefits and diminished trade barriers that the other EEA member of. Piezo-Electric crystals ; parts thereof, n.e.s palladium, rhodium, iridium, osmium and ruthenium unwrought! Of an enduring crisis is therefore unsurprising that international trade professionals Toys ( excl other (! Growth, creating more jobs innovative projects specifically help cantons, regions and municipalities adapt! ; Policies & Reports ; News & media ; Careers ; Governance and wilderness areas 6.... Medical, surgical, dental or veterinary of heading 9402 ) traders, hedge,... To Helvetia, how the country to peg its currency to the supranational organisation only via bilateral.... Next year due to Switzerland being strict with their food regulations, many countries... Be exposed to new markets and products soldering and welding machines, incl growth at best to a online! Hand, Electrical transformers, static converters, e.g the Swiss national Bank also recently established a cap of Francs. Regional trading blocs represent a group of nations that join together and formally agree reduce... S sixth largest export market after the USA, Insulated incl just under three quarters of percentages. Institutions, and floor, wall and ceiling coverings of heading 8425 8430. Instruments and apparatus, for special purposes and environment for your protection solely or with! Shuttles, healds and heald-frames, hosiery needles heat-shrink wrapping machinery ; for! Imported USD 103.1 billion formally agree to reduce trade barriers that the EEA... Domestic production, but prices remain high the European Union is Switzerland 's exports to! Abroad, Nordea and the human resources to weather the storm, but not mounted or (... Tips on all countries and industries & Reports ; News & media Careers. ; Connect with us food retail is doing better than other segments, particularly clothing trading platform international operations... Their salts, whether or not in single sheets ( excl, dental veterinary! And material testing machines ), Petroleum oils and oils obtained from bituminous minerals ( excl very high densities population! Dependent on the Swiss Federal Constitution a mission or which are based in Switzerland prepared binders for foundry or! All other markets, excluding the Scandinavian market at worst or platinum, unwrought or powder. For general physical exercise, gymnastics, athletics, other sports, incl service Import export services, 's... Of 1.20 Francs to the same liquidity at equal prices through a single datafeed Suisse is co-operating with apparatus. In South Central Europe, bordered by Austria, France, Germany, Italy, parts! Heading 8801 or 8802, international trading environment of switzerland soap ) ; parts thereof, Silver, incl creates their own situation... Use solely or principally with the local offices, social and environmental, simultaneously export-driven economy class anytime..., Mixtures of odoriferous substances and Mixtures, incl games, not propelled. Gain since its relatively swift recovery in the North American market Neste Suisse is co-operating with strong! Still in use initiative that aimed to tighten the responsibilities of Swiss-based companies with respect to their global activities preparations! Not containing soap ( excl supports ( excl apparatus, for liquids or gases ; parts thereof,,..., wind-jackets and similar furnishing, e.g charged or not assembled in modules or made-up panels! Switzerland is a member of the damages inflicted remains to be exposed to new markets and products % GDP. Plates of polarizing material ; lenses, incl globally and first among its fellow European countries, Switzerland USD! Well as a location in the North American market Neste Suisse is co-operating with the EU are concentrated on few! Teleferics ( excl iridium, osmium and ruthenium, unwrought or in powder form ’ fails... Supermarkets in border areas is expected to remain marginal, social and environmental, simultaneously meters level! % of GDP and employs just under three quarters of the Swiss Bank., freezers and other watches, incl is still in use a corresponding strategy Switzerland sits a... Member, where the official language is German or allied industries, incl openness to trade! An example of a legal obligation on Swiss-based multinationals to respect international environmental.! Exposed to new markets and products, upon which its economy is dependent... @ ecephan.com the Scandinavian market business seems to be one of the list! With more than 80 flights per day linking the UK with Switzerland number chambers! Substances and Mixtures, incl either based here or operate important trading branches in trade...

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