Switzerland
On this page you will find beneficial information regarding foreign direct investment in / trading with Switzerland. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Federal Republic
Population: 8.769 million (2022)
GDP: 818.4 billion USD (2022)
Corporate Tax Rate: 14.68%
Personal Income Tax Rate: 40%
Major Exports: The top exports of Switzerland are Gold ($101B), Vaccines, blood, antisera, toxins and cultures ($46.7B), Packaged Medicaments ($45.4B), Nitrogen Heterocyclic Compounds ($16.6B), and Base Metal Watches ($16.1B), exporting mostly to United States ($61.7B), Germany ($53.5B), China ($44.1B), Italy ($22.8B), and France ($20.4B). In 2022, Switzerland was the world's biggest exporter of Gold ($101B), Base Metal Watches ($16.1B), Precious Metal Watches ($9.41B), Hydrazine or Hydroxylamine Derivatives ($527M), and Other Clocks and Watches ($417M).
Major Imports: The top imports of Switzerland are Gold ($94.9B), Packaged Medicaments ($32.9B), Vaccines, blood, antisera, toxins and cultures ($15B), Cars ($10.9B), and Jewellery ($8.84B), importing mostly from Germany ($76.1B), United States ($37.7B), Italy ($27.8B), France ($22.3B), and China ($17.9B). In 2022, Switzerland was the world's biggest importer of Gold ($94.9B), Watch Straps ($677M), Watch Cases and Parts ($390M), Other Clocks and Watches ($376M), and Gold Clad Metals ($90.4M).
Investment Agency: Switzerland Global Enterprise
Website: https://www.s-ge.com/
National Chamber of Commerce: Swiss Chambers of Commerce
Website: https://swisscham.se/
Customs Agency: Swiss Federal Customs Administration (FCA)
Website: https://www.ezv.admin.ch/ezv/en/home.html
