Switzerland and the UK are important to each other as trading partners and have close economic ties. Liberal economic systems and open markets are high priorities for both countries.
In 2016, the UK was Switzerland's third most important export market in the world (approx. CHF 32 billion) and the fourth largest source of Switzerland's imports (approx. CHF 18.7 billion), which amounts to a trade volume of CHF 50 billion.
At the end of 2015, Swiss direct investments in the UK stood at CHF 51 billion, which makes the UK the fifth most important destination for Swiss direct investments. Almost 93,000 jobs in the UK depend on Swiss investments.
At the end of 2015, UK direct investments in Switzerland stood at CHF 31.3 billion. The number of jobs in Switzerland that can be attributed to British investments stands at approximately 27,000.
Both Switzerland and the UK have major financial centres. There are consequently regular exchanges between supervisory authorities, central banks and banking associations.
Trade promotion, Switzerland Global Entreprise
Information on countries, State Secretariat for Economic Affairs SECO