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Trade Guide: Switzerland

Switzerland is Mexico's partner through the EFTA FTA. A leader in pharmaceuticals, watchmaking, and precision machinery.

Key trade data

USD $5B

Annual bilateral trade

EFTA

Active FTA

Pharma

Sector #1

Precision

Swiss quality

Bilateral trade relationship

Switzerland is a high-tech trading partner of Mexico with USD $5B in bilateral trade through the Mexico-EFTA FTA. Switzerland leads in pharmaceuticals, watchmaking, precision machinery, and financial services.

Top exports from Mexico

Auto parts

Chapter 87

USD $200M

Agricultural products

Chapter 8

USD $150M

Electronics

Chapter 85

USD $100M

Tequila

Chapter 22

USD $80M

Minerals

Chapter 26

USD $60M

Top imports from this country

Pharmaceutical products

Chapter 30

USD $2B

Watches

Chapter 91

USD $500M

Precision machinery

Chapter 84

USD $400M

Medical instruments

Chapter 90

USD $300M

Chemical products

Chapter 29

USD $250M

Trade agreements

Mexico-EFTA FTA

Treaty with European Free Trade Association (Switzerland, Norway, Iceland, Liechtenstein).

Key regulations

  • EFTA FTA: Rules of origin with EUR.1 certificate
  • COFEPRIS for pharmaceutical products
  • Watch and luxury goods regulations
  • Compatible Swissmedic regulations
  • Chemical substance controls

Logistics and transport

Air

Transit time: 12-14 hours

Main ports

  • Zurich
  • Geneva
  • Mexico City AICM

Maritime (via European ports)

Transit time: 20-26 days

Main ports

  • Rotterdam (transit)
  • Hamburg (transit)
  • Veracruz

Business cultural tips

  • Swiss precision and punctuality are legendary
  • Business is formal and structured
  • Quality is the most important value — do not compete on price
  • Switzerland has 4 languages — verify which your counterpart speaks
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Frequently asked questions