Free trade agreements: Do companies benefit?
The State Secretariat for Economic Affairs (SECO) has commissioned a comprehensive data analysis. It shows the extent to which Swiss companies make use of Switzerland's free trade agreements to save customs duties.
The study "Analysis on the use of free trade agreements" by Stefan Legge and Piotr Lukaszuk of the University of St. Gallen was commissioned by SECO to obtain findings on the use of and tariff savings gained through all of Switzerland’s existing free trade agreements (FTAs). The study was commissioned by the Business Audit Committee of the National Council (GPK-N) to examine the effects of FTAs.
The study shows that Swiss importers and consumers saved CHF 2.5 billion in customs duties in 2018 thanks to FTAs. The average usage rate for FTAs was 73%. For exports to FTA countries (for those that provided data), the preference utilisation rate in 2018 was 80%. This corresponds to a customs saving of CHF 1.8 billion.