Switzerland is one of the most globalized nations in the world when it comes to foreign trade. Switzerland has one of the world’s most compre-hensive networks of free trade agreements including with the EU and China ensuring smooth and efficient trade with other countries. Switzerland also has simple and transparent stat-utory framework conditions in place, as well as a highly modern customs procedure. Swiss companies are thus able to gain significant competitive advantages over their competition abroad by offering the best possible supply management.
Swiss customs, imports, and exports
Foreign trade is an important pillar of the Swiss economy. With an export surplus of 31 billion Swiss francs (2018), the country generates the bulk of its wealth by exporting its goods and services.