Switzerland Education

This is a best prospect industry sector for Switzerland.

Last published date: 2020-10-06

Overview

Swiss public spending on education above OECD averages and strong purchasing power offer opportunities for U.S. companies in the education sector. Switzerland’s decentralized educational system devolves many purchasing decisions to the cantons and municipalities.  Regional, linguistic and cultural differences play an important role in the procurement of goods and services related to education.

(In million USD)

2015

2016

2017

2018

(Estimated)

Total Local Production1

3942

3929

3979

4091

Total Exports2

142

152

166

132

Total Imports2

534

532

539

559

Imports from the US2

 

14

15

17

15

Total Market Size

4334

4309

4352

4518

Exchange Rates Applied

0.963

0.985

0.985

0.978

 (total market size = total local production + imports - exports)

1Swiss gross value-added in the education and training sector per: https://www.bfs.admin.ch/bfs/de/home/statistiken/volkswirtschaft/volkswirtschaftliche-gesamtrechnung/produktionskonto.assetdetail.9546390.html.   2018 estimate is based on a 2.8% growth assumption, in line with overall GDP growth for the year.

2Goods include instruments for demonstrational purposes (HS Code 9023) and printed books (HS Code 4901), per the UN Comtrade database.

Leading Subsectors

Educational travel (amounting to about $78 million per year according to https://apps.bea.gov/iTable/iTable.cfm?reqid=62&step=9&isuri=1&6210=4). 

Opportunities

Opportunities for U.S. companies exist in education technology, software, instruments for demonstrational purposes, and educational travel.

Web Resources

Website on the Swiss educational system: http://www.edk.ch/dyn/11910.php

Swiss Trade Fair on education (Swissdidac / Worlddidac):  https://www.swissdidac-bern.ch/sdd-de.aspx