Imports


  • Trade key to prosperity in Switzerland via Rhine River
  • Relies on large quantities of imported raw materials for industry
  • Exports mostly machinery, chemicals, cars, metals; agricultural products and textiles
  • EU largest trading partner accounting for 79% of imports
  • Import prices heavily affected by exchange rates
  • It takes five documents and nine days to import a standardized shipment of goods.
Tariffs 
  • Import duties are generally low at under 3% for most raw materials and industrial
  • Duties are specific--based on weight, rather than value
  • 90% of its imports from WTO member countries, extends MFN tariff treatment
  • Information Technology Agreement under WTO eliminating tariffs on IT products
  • Preferential duties for development countries
  • Imports of agricultural products higher import duties, supplementary duties, and tariff-rate quotas.
Licensing
  • Import licenses are required for certain products not subject to quotas.
Non-Tariff Barriers

  • Non-Tariff barriers are more common in Switzerland than in EU
  • Permits legally manufactured EU products to circulate freely
  • Lifted ban on parallel imports--patent protected goods


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