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<Document><Title>Imports and exports are vital</Title><Paragraph count="1"><Layout>(1) one column text first</Layout><PTitle>Sales into regions</PTitle></Paragraph><Paragraph count="2"><Layout>(2) one column image(s) first</Layout><PTitle>Total exports and domestic sales 2011: 78.5 bn CHF</PTitle><PResumee>The Swiss chemical and pharmaceutical industry is highly dependent on foreign trade.</PResumee><PText><Align>left</Align><Text><P/><P>The strategy of specialised products and the limited size of the domestic market are the reason for the heavy dependency on foreign trade. Only approximately 5 % of the sales are in the home market; 95 % of the industry's production are exported.</P><P>
</P><P>The highest portion of exports, over 55 %, goes to the EU countries. Together with exports to the other European countries, nearly two thirds of exports go to Europe.</P><P>
</P><P>All raw materials for the chemical and pharmaceutical production have to be imported. More than 80 % of the industry's demand are imported from EU countries.</P></Text></PText><ImageList><SingleImage><Image>976</Image><Width/><Height/><Valign>center</Valign><Align>top</Align></SingleImage></ImageList></Paragraph></Document>
