Bilateral relations

Relations between Switzerland and Venezuela currently not very extensive. On 28 March 2018 the Federal Council adopted an ordinance on measures against Venezuela. In doing so, Switzerland aligned itself with the EU's sanctions against Venezuela. These sanctions were imposed in response to human rights violations and the undermining of the rule of law and democratic institutions.

Economic cooperation

In 2017 Switzerland imported goods – primarily agricultural products – worth CHF 3.9 million. Meanwhile, exports to Venezuela amounted to around CHF 76.3 million, consisting mainly of pharmaceuticals, machinery and precision instruments. 

In 2016 Swiss direct investment in Venezuela stood at CHF 834 million, and more than 4,800 people in Venezuela were employed by Swiss firms.

North and Latin America, SECO

Trade promotion, Switzerland Global Enterprise, SGE

OPEC – Organization of the Petroleum Exporting Countries

Swiss-Venezuelan Chamber of Commerce (es)

Swiss nationals in Venezuela

At the end of 2017, there were more than 1,200 Swiss nationals living in Venezuela.