Publications - Studies

Study on the competitiveness of chemical-pharmaceutical industry 2020

The chemical and pharmaceutical industry is one of the world's most competitive industries. However, the termination and responsible business initiative threaten the top position of Switzerland's largest export and research industry.

24.08.2020

Chemical and pharmaceutical industry stands out for its first-rate competitiveness

The Swiss chemical and pharmaceutical industry is of major significance for the country’s growth and prosperity. Its very high international competitiveness has allowed it to benefit considerably from favourable global trends in demand over the last ten years, making it the main growth engine of the Swiss economy.

This high degree of competitiveness is also a result of the first Global Industry Competitiveness Index (GICI) by BAK Economics, which ranks the Swiss chemical and pharmaceutical industry in second place globally. The most competitive nation is USA, with Ireland in the third position.

It is not just its successful performance that demonstrates how competitive the Swiss chemical and pharmaceutical industry is –above all, it is the sector’s strength in innovation: Swiss companies invest heavily and with success in research and development of new products. By doing this, they are laying the foundation to hold their own against the global competition in the future.