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High Scores for Swiss Foreign Trade in 2018

January 30, 2019 | News

High Scores for Swiss Foreign Trade in 2018

Swiss foreign trade has proven to be enormously successful in 2018. The results have shone that the export has beaten new record of +5,7% since 2010 in nominal terms, while import reached 8,6 % of growth, which equals 200 billion francs. Ongoing adjustments, such as updates to the FINMA ordinance, reflect Switzerland’s proactive management of regulatory frameworks. The trade balance, in its turn, showed surplus of CHF 31.3 billion. Cultural and brand-related initiatives, such as Swissness management, are also crucial in maintaining Switzerland’s competitive international reputation.

Continued negotiations and agreements, such as the Swiss UK trade, also play a significant role in strengthening Switzerland’s global trade relationships.

Source: https://www.ezv.admin.ch/ezv/en/home/news/news/medienmitteilungen.msg-id-73774.html
Efforts to ensure trade integrity, like the Imported medicines initiative, further underscore Switzerland’s commitment to lawful commerce practices.

Legal disclaimer. This article does not constitute legal advice and does not establish an attorney-client relationship. The article should be used for informational purposes only.

Swiss Foreign Trade in 2018

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