Create a company in Switzerland: Imports and exports

Switzerland is always in the top 10 richest countries in the world. With a central location in Europe and a developed trade network, Switzerland is an ideal destination for businesses that want to establish an import-export company.

The most important import-export partner of the EU

Switzerland is one of the most globalized countries in the world in terms of foreign trade. Switzerland has one of the world's most tightly compliant networks of free trade agreements, including with the EU and China to ensure the smoothest and most efficient trade flows. This country has simple but transparent laws, as well as a developed Swiss socioeconomic background. For this reason, Mr. Vu Dai Duong - Deputy Director of One IBC Vietnam, a reputable foreign company establishment consulting service provider, said that establishing an import-export company in Switzerland helps increase many significant competitive advantages doing business abroad, especially in the European region.

Switzerland is the EU's fourth-largest trade partner

Switzerland has always been known as one of the most innovative countries voted by the EU and is also one of the leading countries in liberalizing and facilitating international trade. In 2020, Switzerland is the fourth largest export partner in EU (7.4%) and also the fourth largest import partner in the EU with 6.3%. Among trading partners, Germany is the leading market, accounting for about 25% of Swiss exports. Other major export markets include France, Italy, the United States and the United Kingdom.

The main import and export goods of Switzerland

Switzerland's most important exports are chemicals and pharmaceuticals with a value of $86 billion, watches at $48 billion, and machinery and equipment about $36 billion. In terms of imports, gold is the leading product with 21% of the country's total import turnover.

Chemicals and pharmaceuticals are Switzerland's most important exports

Other typical products imported into Switzerland are textiles, agricultural products and chemical products. According to One IBC, these industries are all strengths of Vietnamese enterprises. Therefore, opening an import-export company in Switzerland will open up new opportunities for Vietnam to export.

Mr. Duong also added: “In the era of integration and globalization that is becoming more and more exciting, domestic enterprises need to actively improve the quality of their products and services in accordance with international trade standards, thereby promoting trade between Vietnam and Switzerland and the world. To do this, investors can refer to and expand their businesses in Switzerland, thereby accessing the European market more easily, helping goods and services to be circulated quickly. At the same time, this is also a great opportunity for businesses to meet and contact reliable import partners."

Take advantage to enter Europe with One IBC

According to statistics of the General Department of Customs, Vietnam's goods exports to Switzerland in the first two months of 2021 reached $21.3 million, an impressive figure in the current difficult situation. This is an optimistic signal for businesses who want to establish an import-export company in Switzerland as well as expand the market to Europe.

With more than 10 years of providing global corporate services, One IBC is proud to be your leading partner and business service provider in the field of providing before and post-business services for startups, investors, business owners around the world.

As the world's leading reputable business service provider, One IBC is committed to bringing business opportunities without borders and becoming a sustainable business service provider for investors around the world, especially the procedure to establish an import-export company in Switzerland is easy and fast.