Nope, Switzerland is out of the single market and doesn't have a customs union with the EU, but > most EU regulations regarding goods apply there In that poin

Nope, Switzerland is out of the single market and doesn't have a customs union with the EU, but > most EU regulations regarding goods apply there In that point you're right. Interestingly enough Switzerland is part of the Schengen area. So, as others pointed out, it's complicated.