Switzerland -Equipment and MachinerySwitzerland -Equipment and Machinery
Overview
U.S. companies producing equipment and machinery (including ICT equipment) may find opportunities to supply Switzerland’s global corporations in the pharmaceutical (Novartis, Roche), chemical (Syngenta, Clariant, Firmenich, Givaudan), machinery (ABB), food processing (Nestlé), financial (UBS, Credit Suisse, Zurich Insurance, SwissRe) and commodity trading (Mercuria) sectors or small and medium enterprises requiring high tech machinery and equipment.(In million USD) | 2014 | 2015 | 2016 | 2017 (Estimated) |
Total Local Production1 | 43,302 | 40,272 | 40,272 | 40,272 |
Total Exports2 | 39,006 | 34,814 | 34,401 | 36,019 |
Total Imports2 | 34,589 | 31,348 | 30,775 | 32,956 |
Imports from the US2 | 1,494 | 1,530 | 1,352 | 1,670 |
Total Market Size | 38,885 | 36,806 | 36,646 | 37,209 |
Exchange Rates Applied | 0.915 | 0.963 | 0.985 | 0.985 |
1Swiss gross value-added in the sectors of electrical equipment, mechanical engineering, equipment repair, data processing equipment, and watches per: https://www.bfs.admin.ch/bfs/de/home/statistiken/volkswirtschaft/volkswirtschaftliche-gesamtrechnung/produktionskonto.assetdetail.3322003.html. No data available for 2016 and 2017. Estimates based on 2015 data.
2 Includes goods in the category of machinery (HS Codes 84 and 85).
Leading Sub-Sectors
Automatic data processing machines, turbines, electric apparatus for telecom.Opportunities
Opportunities exist in the leading sub-sectors including in the field of laboratory equipment, batteries, and pumps. ICT related services (also partially reflected in HS Code 85) include cloud computing (inlcuding software from the cloud), cyber security, the construction of data centers, blockchain applications, Internet of Things, Big Data, Health IT, Agro IT and Artificial Intelligence.Web Resources
Association of the Swiss mechanical and electrical engineering industries (Swissmem): www.swissmem.chCluster for precision industry: http://www.cluster-precision.ch/en/
Prepared by the International Trade Administration. With its network of more than 100 offices across the United States and in more than 75 markets, the International Trade Administration of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.