EU–Australia trade is set to grow
Companies face new opportunities and new operational challenges
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Negotiations on the EU–Australia Free Trade Agreement concluded in March 2026. According to the European Commission. The agreement could increase EU exports to Australia by 33% over the next decade,
Switzerland is not part of this agreement, but it could also to benefit from this development. As many Swiss companies are integrated into European supply chains, increased trade between the EU and Australia can lead to higher demand for Swiss goods and services.
Challenges and Opportunities for Swiss Businesses
Switzerland and Australia already have significant trade links, as demonstrated by the figures below. If trade between the EU and Australia continues to grow, Swiss businesses could become more involved in these trade flows. This could result in new suppliers, new customers and an increase in cross-border payments in Australian dollars.
Trade flow | Approximate amount (2024) | Products concerned |
|---|---|---|
Exports from Switzerland to Australia | CHF 2.4 million | Pharmaceuticals and chemicals, precision instruments, machinery |
Imports from Australia to Switzerland | CHF 4.2 million | Precious metals, agricultural and pharmaceutical products |
Source: SECO
This creates new opportunities for Swiss companies, whether they are already active in Australia or looking to enter the market. However, as trade becomes more established between Switzerland and Australia, payments and collections can quickly become more complex.
Pay and receive in AUD with local accounts and seamless conversion to CHF
Having the right payment setup helps to keep things simple.
SwissFx supports businesses who trade with Australia, by providing local AUD accounts. This allows them to pay suppliers and collect funds in AUD, just like a local business.
A local account makes cross-border payments easier to manager and reduces the need for unnecessary conversions. Funds can then be converted into CHF at the right time, benefiting from competitive exchange rates.