Swiss Trade - SwissCham
Swiss Trade - SwissCham
Swiss Trade - SwissCham
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<strong>Swiss</strong> <strong>Trade</strong> November 2010 11<br />
able for what you have to offer.<br />
Germany<br />
2009 was one of the most difficult years for<br />
business transactions between Switzerland<br />
and Germany in the post-war period.<br />
“It reached its dramatic peak in the second<br />
quarter, with a 25% drop in trade volume”,<br />
explains Ralf J. Bopp, director of the Chamber<br />
of Commerce Germany-Switzerland.<br />
Even in 2010, the numbers are not back<br />
up to their former level, partly due to the<br />
mutual integration of the countries. Both<br />
operate in the same sectors – such as electronics,<br />
the chemical- and pharmaceuticalindustries,<br />
machinery and textiles – and the<br />
same world-markets and branches.<br />
Outsourcing projects, of course,<br />
turned out to be an advantage for both<br />
sides, but the close interaction and similar<br />
economic structure of the states has not<br />
helped to stabilize or re-inflate the market.<br />
Ralf J. Bopp is confident that the already<br />
strengthened dynamics of the global market<br />
will definitely bring about positive growth rates<br />
for business transactions. For 2010 the chamber<br />
forecasts expect a 6–7% growth in trade<br />
volume between Germany and Switzerland.<br />
“Make no mistake, even with this slump<br />
in trading, with almost 20% of all exports<br />
Germany is still by far Switzerland’s most<br />
important trading partner.”<br />
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Falkenstrasse 12 - 8008 Zurich / Switzerland<br />
Phone +41 (0) 44 383 67 10 Fax +41 (0) 44 383 67 20<br />
www.kriesemer.com