Swiss companies exported $30.8M in dual-use goods to Israel during Gaza war: Report

GENEVA

Swiss companies exported more than 24 million Swiss francs ($30.8 million) worth of dual-use and military-related goods to Israel between 2024 and March 2025, according to an investigation published Thursday by Swiss public broadcaster RTS.

The report said several dozen Swiss firms continued supplying equipment that could potentially be used for military purposes during Israel's war in Gaza.

Exports of such items increased sharply in early 2024. Nearly 6 million Swiss francs worth of dual-use goods were shipped to Israel in the first quarter of that year, compared with 238,000 Swiss francs during the last three months of 2023, according to export permits reviewed by RTS.

Switzerland’s State Secretariat for Economic Affairs (SECO), which authorizes export licenses, said the shipments comply with Swiss law, according to the report. However, the policy has drawn criticism amid growing international scrutiny of Israel’s military campaign.

The permits showed that components were supplied to Israeli defense-related entities, including companies linked to the Defense Ministry and the arms manufacturer Elbit Systems.

Swiss machine-tool producers accounted for a significant share of the exports, the investigation found. Firms such as TRUMPF Schweiz AG and StarragTornos supplied laser-cutting and high-precision machining equipment to Israeli companies involved in defense technologies.

Other companies cited included Metallux, which exported hybrid electronic circuits to Israeli firms linked to missile and drone technologies, and Mipa Coatings Schweiz AG, which supplied specialized paints used on military equipment such as radar systems and armored vehicles.

The report also identified Georg Fischer AG, which exported valves and piping components to Israeli industrial clients, including an oil refinery whose customers include companies linked to the defense sector.

Companies contacted by RTS said their exports complied with Swiss regulations and licensing decisions issued by SECO.