The Swiss voice in the world since 1935

Switzerland’s war materiel exports reach record level

weapons
Some of the biggest Swiss weapons manufacturers include Ruag and Sig Sauer. © Keystone / Christian Beutler

Swiss companies exported tanks, weapons, and other war materiel worth CHF955 million ($1.02 billion) to 60 countries in 2022. This is nearly a third more than last year, and the highest level ever recorded.

The total value of war materiel exports in 2022 exceeded the previous record set in 2020 (CHF901.2 million) by 6%, the State Secretariat for Economic Affairs reported on Tuesday. War materiel exports represent 0.25% of Switzerland’s total exports, up from 0.21% in 2021.

+ The controversial lucrative business of Swiss arms deals

The greatest increase in demand came from Asia. Some 35.1% of war materiel exports went to Asia in 2022 compared to 10.9% in 2021. Europe’s share fell from 65% to 50.4%, and in the Americas from 13.3% to 7.1%.

Qatar was the main customer, purchasing CHF213.4 million worth of war materiel. This included a CHF194.3 million air defence system for stadium security during the FIFA World Cup last winter.

Denmark (CHF136.2 million) was the second biggest buyer, followed by Germany (CHF131.7 million), Saudi Arabia (CHF111.1 million) and the United States (CHF61.5 million).

Mainly tanks and ammunition

The main exports were armoured vehicles (26.5%), ammunition and ammunition components (24.8%), weapons of any calibre (24.8%), and fire control equipment (16.8%). The small arms category and components of combat aircraft each accounted for five percent.

The largest transaction was the air defence systems to Qatar, followed by tanks to Denmark for CHF130.3 million, and supplies of spare parts for air defence systems to Saudi Arabia for CHF65.1 million. Tanks valued at CHF33.3 million were also sold to Botswana.

Arms in wartime

Switzerland’s neutrality laws forbid the export of war materiel to countries in conflict. This applies to the war in Ukraine as well. Switzerland hasn’t allowed exports to Ukraine since Russia invaded Crimea in 2014. “This law remains applicable during Russia’s current military aggression against Ukraine,” writes Seco.

Parliament is currently debating whether to relax rules that prevent ammunition it manufactures from being re-exported from another country to Ukraine.


Popular Stories

Most Discussed

News

The accident site of the crashed F/A-18 on the Susten Pass, pictured on August 31, 2016.

More

Swiss military jet crash: air traffic controller found guilty

This content was published on Over eight and a half years after the fatal F/A-18 military jet accident in Switzerland, an air traffic controller has been found guilty of negligent homicide by a military appeals court.

Read more: Swiss military jet crash: air traffic controller found guilty
Postfinance cancels customers with ties to Cuba

More

PostFinance cancels accounts of customers with Cuba links

This content was published on The financial services arm of the Swiss post office, PostFinance, has cancelled the accounts of several customers with links to Cuba as a consequence of US sanctions against the Caribbean island state.

Read more: PostFinance cancels accounts of customers with Cuba links
More and more Swiss people live abroad

More

Number of Swiss around the world grew by 1.6% in 2024

This content was published on Last year, 13,300 Swiss citizens moved abroad, taking the total number of Swiss Abroad to 826,700 (+1.6%). Three-quarters have more than one nationality, new figures show.

Read more: Number of Swiss around the world grew by 1.6% in 2024

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR