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Switzerland
  • Imports from Switzerland A$2,969 million
  • Exports to Switzerland A$835 million
  • Capital Berne
  • Official Languages German, French, Italian
  • Area 41,000 sq km
  • Population 8.0 million

Last updated: 10 Nov 2014

Market profile

Doing business

Though not a European Union (EU) member state, Switzerland has become increasingly integrated with the EU by concluding bilateral issue-specific accords.

More information on doing business in Switzerland

Country Profile

Content supplied by Department of Foreign Affairs and Trade

  • ECONOMIC CLIMATE
    Switzerland is an open economy with one of the highest standards of living and per capita incomes in the world. Switzerland's prosperity is based on labour skills and technological expertise in manufacturing as well as earnings from services such as tourism and banking. In the 2012-13 World Economic Forum Competitiveness Index Switzerland ranked number one for the fourth consecutive year.
    » read more at DFAT
  • TRADE RELATIONS
    In 2012, merchandise trade between Australia and Switzerland was worth A$3.6 billion. Total merchandise exports were A$681 million and total merchandise imports A$2.89 billion. The major Australian export to Switzerland was jewellery, followed by gold, meat (excluding beef) and pharmaceutical products. Major Australian imports were medicaments, gold and watches and clocks.
    » read more at DFAT
  • POLITICAL CLIMATE
    Australia and Switzerland enjoy friendly relations based on shared political and economic interests. A key element of the contemporary bilateral relationship is Switzerland's significant investment in Australia. Cultural ties have traditionally been close, and many Swiss have made valuable contributions to Australia. There is expanding cooperation in the areas of scientific research and development, education and two-way investment.
    » read more at DFAT

icon Business Risk

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.

Bilateral agreements

Australia has social security agreements with several countries that address the issue of 'double super coverage' for employees sent to work overseas. To take advantage of these agreements, Australian employers sending employees overseas to work must apply to the Tax Office for a Certificate of coverage.

For more details, please visit the Australian Taxation Office website.

  • International Readiness Indicator

    checklist

    Austrade's International Readiness Indicator is an online tool to help Australian businesses determine whether they are ready for exporting.

    International Readiness Indicator

  • How Austrade can help

    Austrade provides information and advice to assist Australian companies reduce the time, cost and risk associated with exporting.

    Assistance from Austrade

  • Contact Austrade

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