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  You are in Trade Information > Potential Markets > Switzerland
 
 
Switzerland
Opportunity Analysis
 

Based on the data and facts of this report, it could be concluded that Switzerland is a highly sophisticated and quality conscious market. Switzerland has a reputation as being an exporter of high quality, high tech products and they expect the same standards from their suppliers. One of the strategies that Sri Lanka could adopt is to find and cater to market niches. The large number of tourists coming from various cultures, tastes and preferences constantly influences the Swiss market. Thus it is very important to be in touch with the market at all times. As Switzerland is the highest per capita income earner in the world, the purchasing power of the consumer is high. However, it should be kept in mind that accepted standards should be met when exporting products to this country. Although this is not a new market, our exports to Switzerland have not increased considerably. This is due to the fact that we have not exploited the Swiss market fully.

It is noted that the Swiss market has a unique quality which the neighbouring markets do not display i.e. the population of Swiss nationals is less than the tourist population at a given time during a year, thus creating a unique market. These two segments therefore create the opportunities in the market. The market segment which represent the Swiss nationals demands high quality products and also is prepared to pay a good price per unit, where as tourist market demands a variety of products which will satisfy their "short term needs". This unique situation in the Swiss market gives an opportunity to a wide range of products to penetrate into this market.

As Swiss consumers are turning towards using natural products, there is a potential to promote Sri Lanka’s coir based products especially brushes and brooms. The only product being exported at present in this category is mattress fibre, but wooden products are another sector to be considered. Herbal teas, sun dried fruits, bio-foods, handloom, handicrafts, ceramic items are some other products that could be promoted in this market.

EDB should work closely with institutions such as OSEC, the Swiss office for Trade Promotion. It is a national organisation with world wide contacts and activities and offers a full range of services to companies doing business in the world market whether, Swiss or foreign.

Swiss Government Offices
Federal Office for Foreign Economic Affairs
Federal Office for Industry and Labour
Directorate General of Swiss Customs

Economic and Business Organisations
Swiss Office for Trade Promotion OSEC
Union of Swiss Chambers of Commerce abroad
Swiss Federation of Commerce and Industry (Vorort)

The Principal Trade and Industry Associations
Swiss Society of Chemical Industries
Swiss Textile Federation
Swiss Technical Association
Swissrail Export Association
Swiss Freight Forwarding Association
Federation of the Swiss Watch Industry
Federation of Swiss Food Industry
Swisscom Export Association of International Trading Houses
Federation of Swiss Importers and Wholesale Traders

Banks
Swiss Bankers Association
All the main Swiss Banks have their own networks of foreign affiliates, subsidiaries and correspondence banks

Useful Publications
Location: Switzerland
Swiss Foreign Tradene
Guide for decision makers
Switzerland – Your Partner

 
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