Publications and Subscriptions SME Export Prospects: 2nd Quarter 2018
While the global economic conditions and, consequently, international growth potential continue to be positive, trade barriers are increasing globally. Swiss SMEs are also actively feeling the effects of this development of recent years.
However, this is not dampening the exceptionally good export sentiment. On the contrary: Half of all SMEs consider the current international growth opportunities to be just as good as five years ago. According to the latest survey by Switzerland Global Enterprise (S-GE) on export sentiment, around two-thirds of all SMEs expect exports to continue rising in the second quarter of 2018. This means that the export sentiment remains stable at a very high level. Credit Suisse expects the highest growth to come from cyclical sectors such as mechanical engineering, electrical engineering, metals, and chemicals. These are the economic sectors that have been under severe pressure from the strong Swiss franc in recent years. In addition, it is to be considered positive that exports in general are growing even without major impulse for growth from the important pharmaceutical sector.
Companies will present their strategies at this year's Forum for Swiss Foreign Trade and Investment, which will be hosted by Switzerland Global Enterprise on April 26, 2018 at Messe Zürich (Zurich trade fair grounds). At this important annual meeting of the export industry, SMEs can get helpful tips and benefit from the combined expertise of the 600 companies and experts on international growth due to attend this event.