
EU–Australia trade is set to grow
Companies face new opportunities and new operational challenges
News
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The EU–Australia Free Trade Agreement, concluded in March 2026, is expected to increase EU exports to Australia by 33% over the next decade, according to the European Commission.
Switzerland is also likely 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
Currently Switzerland exports around USD 2.6 billion worth of goods to Australia each year, mainly consisting of pharmaceuticals, chemicals, precision instruments and machinery. In return, it imports approximately USD 6.9 billion, primarily in precious metals, alongside agricultural and pharmaceutical products.
As trade between the EU and Australia grows, Swiss businesses will become more involved in these exchanges, leading to a higher volume of cross-border payments and increased exposure to FX.
This creates new opportunities for Swiss companies, whether they are already active in Australia or looking to enter the market. They can expect to work with new suppliers, gain new customers and see an overall increase in business.
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 keep things simple.
SwissFx supports companies trading with Australia by providing local AUD accounts, allowing them to pay suppliers and collect funds in AUD, just like a local business. This simplifies cross-border payments and reduces the need for unnecessary conversions.
Funds can then be converted into CHF at the right time, benefiting from competitive exchange rates.