United Kingdom

United Kingdom + Ireland Country Information

The United Kingdom is a highly-industrialized country and, with its financial center in London, one of the world's largest exporters of financial services. Ireland is entirely dependent on exports. The Emerald Isle's main trading partners are the United Kingdom and the USA.

Together with the Swiss Economic Institute at the ETH Zurich, S-GE has created a ranking of the top export markets. It shows which markets are particularly attractive for Swiss SMEs.
Together with the Swiss Economic Institute at the ETH Zurich, S-GE has created a ranking of the top export markets. It shows which markets are particularly attractive for Swiss SMEs.

Fintech, IT security and computer gaming are major sectors in the UK that also offer opportunities for Swiss companies. The island nation is a significant buyer from the following Swiss industries:

  • life science
  • biotech
  • MEM, including precision instruments
  • luxury goods
  • food

The UK's infrastructure is in poor condition and requires modernization. Accordingly, the government is seeking to improve the transport and energy infrastructure. It is open to foreign investment. This development and modernization include airports, power plants and railway lines amongst other things.

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. 

Exports from Switzerland 2016 (UK)

CHF

Imports to Switzerland 2016 (UK)

CHF

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