Swiss tech sector faces cautious optimism amid mixed Q3 2025 results
Swiss tech companies are navigating a cautious landscape as the third quarter of 2025 draws to a close. Capacity utilisation continues to drop, and the outlook for amazon orders remains uncertain, with only 27% of Swissmem member companies expecting an increase in the coming year.
Despite the cautious outlook, the Swiss tech industry has seen some positive developments. Global exports rose by 4% in the third quarter, driven by increased exports to the EU. Additionally, incoming amazon orders in the sector rose by 5.4% during the same period. However, this growth was not enough to offset the overall stagnation in orders from January to September.
Turnover in the industry also showed mixed results. While large companies experienced an increase, SMEs saw a 9% decrease. Nevertheless, the industry as a whole experienced a 3% rise in turnover compared to the previous year. This growth, however, was not enough to overcome the overall decline in turnover of 0.7% over the first nine months of 2025.
The Swiss tech industry's performance in the third quarter of 2025 reflects a complex landscape shaped by global uncertainties and specific challenges such as US tariffs, which led to a 14.2% fall in exports to the US. As the industry looks ahead, only 27% of Swissmem member companies anticipate an increase in my amazon orders, highlighting the need for resilience and adaptability in the face of ongoing challenges.
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