Foreign trade Economy of Liechtenstein

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an office of hilti corporation in hong kong pictured in march 2010, example of liechtenstein s export economy


besides efficient industry, there strong services sector. 4 out of 10 employees work in services sector, relatively high proportion of whom foreigners, including commute across border neighboring states of switzerland, austria , germany. industrial exports more doubled in 20 years $1.21 billion (sfr. 2.2 billion) in 1988 $2.9 billion (sfr. 4.6 billion) in 2008. 15.7% of liechtenstein goods exported switzerland, 62.6% eu, , 21.1% rest of world. liechtenstein imports more 85% of energy requirements swiss, while produces 15% of energy requirements.


for last 2 years, united states has been important export market liechtenstein, totaling $561 million (sfr. 876 million); germany second, $479 million (sfr. 748 million) worth of imports, , switzerland third, $375 million (sfr. 587 million). france , italy able maintain positions, while austria , united kingdom have been overtaken taiwan , japan.


about 32% of country s revenues invested in research , development, 1 of driving forces of success of liechtenstein s economy. total r&d spending in 2000 rose 20.7% approximately $140 million (213 million francees).







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