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United Kingdom

Are you considering entering the UK market? Are you already active in United Kingdom and need advice or support with your next steps? Contact us for advice specific to your business.

The United Kingdom remains a significant market for Swiss and Liechtenstein exporters, offering a robust service sector and a strong demand for innovative solutions despite economic challenges.

With a market of nearly 70 million inhabitants, the UK is the world’s sixth largest economy (GDP: 3,495 billion USD in 2024), with London contributing more than 20% of the country’s GDP. The service sector, which includes the finance, healthcare, and digital industries, accounts for more than 70% of the GDP.

The UK's digital economy, comprising IT, software, and telecommunications, represents 7.2% of economic output, highlighting potential in digital transformation. However, the UK faces economic hurdles, including slow growth and inflation, necessitating strategic market entry and adaptation to local conditions for success.

 

Yes

Free Trade Agreement

There is a free trade agreement between Switzerland and this country. Source: State Secretariat for Economic Affairs SECO

17.23
 billion

Total trade flows

Total goods traded with Switzerland (imports + exports). Source: UN Comtrade. Data as of 2023.

13.56
 %

3-year GDP growth

Total real GDP growth over the last three years. Source: World Bank. Data as of 2023.

S-GE Market perspective

Benno Keller, Director Corporate Development + Strategy

Updated on Dec 1, 2025, forecast for Q1 2026 - Q2 2026

Market conditions

Driven by government spending and easing inflation, the economy grew more strongly than expected in the first half of 2025. The momentum and wage growth has been slowing in the second half of the year. Growth is expected to remain subdued in 2026. Opportunities exist in advanced tech, green/clean energy, life sciences, and financial services.

Market access

The UK passed secondary legislation on the Berne Financial Services Agreement (BSFA), improving market access for CH financial service firms from Jan. 2026. The Financial Conduct Authority issued guidelines for firms on the BFSA. The 8th negotiations round on an enhanced FTA CH-UK took place. Services, mobility and free data flow are core elements.

Supply chain

The UK still faces structural shortages in road haulage and delivery capacity.

Improvement
No improvement
Deterioration

Disclaimer: The content is provided for general information only, without guarantee and without constituting any form of advice or recommendation — the full details can be found here.

The UK is a gateway to global markets, with strong demand in finance, digital and healthcare. Swiss Business Hub UK helps exporters identify where to play - and how to win - in a market defined by innovation and regulation.

Natalie Thomas

Head of Swiss Business Hub UK

Latest insights

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FAQs

Reliable information on market size, trends, and competitive landscape can be found through public sources such as the Office for National Statistics (ONS), trade associations, and specialized market research providers. To gain a more complete picture, consider regional differences and examine innovation programmes or investment priorities in your sector. The Swiss Business Hub UK supports Swiss and Liechtenstein companies with tailored insights and guidance based on local expertise.

The most effective market entry strategy depends on your sector and objectives. Common approaches include collaborating with a local distributor, setting up a UK-based presence, or entering into strategic partnerships. UK customers place high value on reliability, service, and clear communication. It is important to present a well-positioned offering that meets local expectations in terms of quality and support. Focusing on a specific region or industry niche can help reduce complexity and build market familiarity in the early stages.

Potential partners can be identified through UK trade directories, industry associations, and sector-specific business events. Established distributors often have experience with international products and are familiar with regulatory and service expectations in the UK market. Building personal relationships is important on-site meetings and transparent communication help establish trust and alignment. The Swiss Business Hub UK supports Swiss and Liechtenstein exporters with tailored partner searches and qualified introductions.

Swiss and Liechtenstein exporters benefit from a bilateral trade agreement with the UK, allowing preferential tariffs for qualifying goods. Post-Brexit, some products may require UKCA or CE markings, and sector-specific certifications still apply. Ensure correct origin documentation and consult customs procedures before shipment.

Companies should expect strong local competition, price pressure in some sectors, and strict service expectations. Brexit has introduced new compliance requirements, especially for customs and product standards. In addition, economic uncertainty and regional disparities call for careful planning and flexible strategies.

Our experts for United Kingdom

Michael Kühn

Senior Consultant UK + Nordics

Zürich, Switzerland

mkuehn@s-ge.com

+41 44 365 54 49

Natalie Thomas

Head of Swiss Business Hub UK

London, United Kingdom of Great Britain and Northern Ireland

natalie.thomas@eda.admin.ch

+44 (0)20 7616 6050

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