Market Brief on Switzerland January 2018 Location Facts and Figures Total Population 8.2 Million Switzerland is a landlocked country located in Western and Central Europe. It is bordered on the north by France and Germany, on the east by Austria and Liechtenstein, on the south by Italy, and on the west and south-west by France. Cities & Population City Population Zurich 366,445 Geneva 177,500 Basel 165,000 Bern 140,228 Lausanne 129,273 Lucerne 77,491 St. Gallen 70,000 Lugano 68,500 Thun 40,000 Fribourg 32,000 Area Time Zone Capital City International Telephone Code Currency Exchange Rate (29/01/18) GDP GDP per capita GDP Growth Rate (Dec 2015) Ease of Doing Business (World Bank 2017) Inflation Rate Official Language(s) Languages Business Hours Banking Hours 41,277 sq km UTC+01:00 Zurich +41 Swiss franc (CHF) 1 USD = 1.00326 CHF US$669 billion US$81,663 31/190-1. German Literacy Rate 99% Measures Important International Participation French, Romansh, Italian, English 0800 hrs-1700 hrs Lunch 1300-1400 hrs 0900-1530 hrs (wkdays) 0830-1200 hrs (Sat) Metric System WTO, UN, Schengen Convention
Na US$'000 Switzerland Trade with the World 400,000,000 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000-2012 2013 2014 2015 2016 Exports 312,282,673 357,905,224 311,145,884 291,959,194 303,067,689 Imports 295,071,061 321,050,462 275,053,993 253,152,460 268,155,840 Major import sources of Switzerland (2016) Major export destinations of Switzerland (2016) 20% 14% 29% 3 10% 1 2% 2% 9% 8% 8% Germany UK USA Italy France China Austria Ireland Turkey Netherlands Germany USA China India China France Italy UK Singapore Austria
US$'000 Major import products of Switzerland (2016) Major export products of Switzerland (2016) 3 2 4 3 4% 9% 1 Gold Motor cars Articles of jewellery Human & animal blood Chemicals (heterocyclic compounds) Petroleum oils Powered aircraft Telephone sets Automatic data-processing machines Gold Human & animal blood Watches Articles of jewellery Chemicals (heterocyclic compounds) Medical equipment & appliances Hormones, prostaglandins, thromboxanes and leukotrienes Diamonds Coffee Zimbabwe-Switzerland Trade (US$ 000) 30,000 25,000 20,000 15,000 10,000 5,000 - (5,000) (10,000) 2012 2013 2014 2015 2016 Exports 3,729 27,438 5,716 3,932 3,406 Imports 9,145 8,788 8,218 11,343 8,376 Trade Balance (5,416) 18,650 (2,502) (7,411) (4,970)
Zimbabwe s major exports to Switzerland (2016) Zimbabwe's exports to Switzerland Value in 2016, (US$ 000) Zimbabwe's exports to Switzerland Annual growth in value between 2012-2016, %, p.a. Switzerland s imports from World Value in 2016, (US$ 000) Unmanufactured tobacco 2,103 (16) 125,685 Diamonds 727-2,772,027 Citrus fruit, fresh or dried 277 157 187,881 Fresh or chilled peas 257 100 17,396 Antisera and other blood 117 26 7,161,761 fractions and immunological products Men's or boys' suits 116 209 650,493 Granite 82-214,622 Essential oils 60-138,462 Zimbabwe products with export potential to Switzerland Zimbabwe's imports from Switzerland (2016) Fresh vegetables (shelled peas, shelled kidney beans) Fresh fruits (grapefruit, avocados, Oranges, guavas, mangoes and mangosteens Fresh or dried macadamia nuts Fresh or chilled mushrooms Cigarettes of tobacco Black fermented tea Sculptures stone and other crafts (basketwork) 1 12% 6 Injection-moulding machines for working rubber or plastics Mixtures of odoriferous substances Machines for the reception Food preparations for infant use Milk and Food cream preparations in solid for forms baby foods Parts of ball-point pens, felt-tipped and other porous-tipped pens and markers
Useful Addresses Embassy of Switzerland in Zimbabwe 9 Lanark Road Belgravia P. O. Box 3440 Harare Tel: +263 4 703997/8 E-mail: har.vertretung@eda.admin.ch Permanent Mission of the Republic of Zimbabwe 27 Chemin William Barbey 1292 Geneva Geneva Tel: +41 22 7583011/13/26 Fax: +41 22 7583044 E-mail: zimgeneva@zimfa.gov.zw Preferential Trade Arrangements There are no binding Trade Agreements between Zimbabwe and Switzerland. Zimbabwean products enjoy preferential treatment (reduced or no duty) upon import into Switzerland under the General System of Preferences (GSP). For more information on trading under GSP refer to ZimTrade s Guide to Zimbabwe s Trade Agreements (www.tradezimbabwe.com) Chambre de Commerce et d'industrie du Jura 23, rue de l'avenir Case postale 274 2800 Delémont Tel: +41 32 421 45 45 Fax: +41 32 421 45 40 Email: ccjura@cci.ch Website: www.ccij.ch Chambre de commerce, d'industrie et des services de Genève 4, boulevard du Théâtre Case postale 5039 1211 Genève Tel: +41 22 819 91 11 Fax: +41 22 819 91 00 Email: cci@ccig.ch Website: www.ccig.ch Travelling to Switzerland Zimbabwe nationals must apply for a visa through the Embassy of Switzerland. A valid passport (at least 6 months) is required. Options to travel to Switzerland by air include: Harare-Addis Ababa-Doha-Geneva Harare-Addis Ababa-Rome-Geneva Harare- Jo burg -Zurich-Geneva Harare-Jo burg-instanbul-geneva Harare-Jo burg-abu Dhabhi- Geneva Harare-Lusaka-Dubai-Geneva Harare-Lusaka-Nairobi-Amsterdam-Geneva Harare-Nairobi-Zurich-Geneva Harare-Nairobi-Paris-Geneva For more information, please contact us www.tradezimbabwe.com info@zimtrade.co.zw @ ZimTradeAlterts +263-4-369330-41 Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to www.zimtrade.co.zw