Switzerland - Industry



Switzerland Industry 1425
Photo by: Mikhail Malyshev

Manufacturing industries, although declining in importance, still contributed 34% of GDP (including construction) in 2002. The industrial growth rate in 2001 was 3.2%. Swiss industries are chiefly engaged in the manufacture, from imported raw materials, of highly finished goods for domestic consumption and for export. Most of the industrial enterprises are located in the plains and the Swiss plateau, especially in the cantons of Zürich, Bern, Aargau, St. Gallen, Solothurn, Vaud, Basel (Baselstadt and Baselland), and Thurgau. Some industries are concentrated in certain regions: the watch and jewelry industry in the Jura Mountains; machinery in Zürich, Geneva, and Basel; chemical industries (dyes and pharmaceuticals) in Basel; and the textile industry in northeastern Switzerland. In 1993, the industrial sector was targeted for assistance by a government-initiated revitalization program; in 1995, the sector again benefited from government policy when the turnover tax was replaced by a value-added tax system, expected to relieve industry of SwFr1–2 billion per year in taxes. Switzerland, along with Germany and Japan, is at the forefront of the emerging industry of environmental technology.

The textile industry, using wool, cotton, silk, and synthetics, is the oldest Swiss industry and remains important. The machine industry, first among Swiss industries today, produces goods ranging from heavy arms and ammunition to fine precision and optical instruments. Watches and machinery represent about 42% of the total Swiss export value. (By themselves, the world-famous Swiss watches account for 8% of exports and command 50% of the world market.) Chemicals, especially dyes and pharmaceuticals, also are important. About 10% of the world's medicines are produced by three companies in Basel. Despite agricultural problems, Switzerland has also developed a major food industry, relying in part on the country's capacity for milk production. Condensed milk was first developed in Switzerland, as were two other important processed food products: chocolate and baby food. The Swiss company Nestlé S. A., headquartered in Vevey, is one of the world's largest food companies. Because of shifts in foreign demand, some of Switzerland's major industries, such as textiles, nonmetallic minerals, and watchmaking and clockmaking, have declined in importance in recent years, while others, such as chemicals, plastics, and paper, have grown rapidly.

Also read article about Switzerland from Wikipedia

User Contributions:

1
Molly
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Mar 24, 2008 @ 8:08 am
This site has helped me sooo much! Thanx! It has sooo much helpful info for my report!!
Molly M.
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Tyson
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May 19, 2008 @ 2:14 pm
Thx I had to do a switzerland project for school And this helped alot thx!!
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Euden
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Sep 12, 2008 @ 8:20 pm
yo this info helped me alot in my mein event, i was sopose to pick my own flag and make a project and this site helpeed alot. thx alot!!
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Nike
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Mar 25, 2009 @ 9:21 pm
thanks a lot. i too had to do a project and even though my dad is swiss, he was not able to tell me all of this.
MERCI!!!!
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Paz
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Apr 21, 2009 @ 12:12 pm
hey, thanx a ton... this info helped me a lot! had 2 do a school project on switzerland. thx again!!!
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mark anthony cainguitan
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Sep 7, 2009 @ 2:02 am
thanks a lot it helps my study easier

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bethzz
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Dec 29, 2009 @ 10:22 pm
I really enjoy your articles and they are helping me learn about Europe in preparation for my new job as a European Tour Manager. However I have noticed that there are a few spelling mistake.
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John
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Jul 7, 2010 @ 10:10 am
This helped loads thanks. I had to do research on Switzerland and now I can play Call of Duty thanks a lot for saving my precious time.
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Nov 23, 2010 @ 3:15 pm
thank for the article. it's very helpful for me and for other people that search for this article.
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Mar 15, 2011 @ 4:16 pm
Helped, a little tough to understand. Thanks anyway!
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Madiy
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Apr 3, 2011 @ 7:07 am
Thank you so much!
I have a project at school where I have to act like I am going to 3 countries and book hotels and stuff
Then, I had to keep a journal about it and include industry and agriculture
it helped a lot
thanks
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Oct 11, 2011 @ 9:09 am
Thanks for the info. I just completed my school project about switzerland.
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Stephanie
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May 10, 2012 @ 2:14 pm
Thank you for making a report easier! This helped me a ton! :3
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Max
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May 24, 2012 @ 9:09 am
Thanks guys, this website helped me so much. I also noticed a few spelling mistakes but overall great information. It helped a lot
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abc
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Mar 30, 2013 @ 1:13 pm
im doing a counrty report of Switzerland and this helped ALOT! MERCI! :D
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Бенджамин Хансон
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Nov 6, 2014 @ 8:20 pm
Thank you very much this information has helped me very much for my schooling report. It was needed for Human Development Index and has helped filled the required information thoroughly. < I'm not very good at writing english, Sorry.
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ashley
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Dec 2, 2014 @ 5:17 pm
thx im doing a country report in 6th this helped me lots lol
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May 17, 2015 @ 4:16 pm
This was such a great website to look at to use for a school project thanks for the information.
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nawaal
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Sep 16, 2016 @ 3:03 am
Thanx so much coz this helped me pass my exams and I was above average.
It also helped me know that anything is possible coz I passed Geography which was my worst subject

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