The Irish economy is heavily dependent on the state of its UK and US trading partners. Foreign investment is very welcome on the island, and is explicitly courted by the government. The small country is very well connected at the international level, in part because certain multinational groups have based themselves there. These are primarily in the technology, pharma, bioscience, production and financial services sectors. The government hopes to create new jobs by convincing companies to settle there. In recent years, domestic demand from private households has also begun to recover in the country.
Switzerland primarily exports primary products, pharmaceuticals and machinery to Ireland.