China now SwitzerlandÕs Third-Largest Trading Partner

by swisscham in Business

China is now SwitzerlandÕs third-largest trading partner after Germany and the United States, according to a press release issued by the Swiss Center Shanghai SCS. In the last seven years it has overtaken Britain, France and Italy. Switzerland is one of very few countries which has a trade surplus with China and Hong Kong, writes SCS, a non-profit organization which supports Swiss companies setting up business in Asia. This currently stands at CHF 2.1 billion (USD 2.3 billion). SCS quotes Swiss Federal Customs Administration figures showing that Swiss goods to the value of CHF 14.9 billion were exported to China and Hong Kong in 2013, according to the, an increase of 3.6% over the previous year. In terms of value, SwitzerlandÕs trade with China and Hong Kong more than doubled between 2003 and 2013.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Swiss Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
October 14, 2021
Published By in Business
October 13, 2021
Published By in Bank / Finance / Insurance
October 7, 2021
Published By in Engineering / Manufacturing
September 28, 2021
Published By in Business
September 18, 2021
Published By Consulate General of Switzerland in Guangzhou in Bilateral Relations