Turkey (TUR) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Turkey-Switzerland In 2022, Turkey exported $1.69B to Switzerland. The main products that Turkey exported to Switzerland are Gold ($118M), Cars ($77M), and Non-Knit Men's Suits ($68M). During the last 27 years the exports of Turkey to Switzerland have increased at an annualized rate of 7.24%, from $255M in 1995 to $1.69B in 2022.

In 2009, Turkey exported services to Switzerland worth $218M, with Travel ($198M), Other business services ($11.4M), and Insurance services ($8.26M) being the largest in terms of value.

Switzerland-Turkey In 2022, Switzerland exported $13.2B to Turkey. The main products that Switzerland exported to Turkey were Gold ($11.1B), Vaccines, blood, antisera, toxins and cultures ($273M), and Packaged Medicaments ($206M). During the last 27 years the exports of Switzerland to Turkey have increased at an annualized rate of 10.6%, from $869M in 1995 to $13.2B in 2022.

In 2019, Switzerland exported services to Turkey worth $496M, with Financial services ($212M), Royalties and license fees ($124M), and Travel ($75M) being the largest in terms of value.

Comparison In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $1.69B to Switzerland. The main products exported from Turkey to Switzerland were Gold ($118M), Cars ($77M), and Non-Knit Men's Suits ($68M). During the last 27 years the exports of Turkey to Switzerland have increased at an annualized rate of 7.24%, from $255M in 1995 to $1.69B in 2022.

In 2022, Switzerland exported $13.2B to Turkey. The main products exported from Switzerland to Turkey were Gold ($11.1B), Vaccines, blood, antisera, toxins and cultures ($273M), and Packaged Medicaments ($206M). During the last 27 years the exports of Switzerland to Turkey have increased at an annualized rate of 10.6%, from $869M in 1995 to $13.2B in 2022.

Exports from Turkey () to Switzerland () (2022)

Exports from Switzerland () to Turkey () (2022)

Latest Data

Trade between Turkey () and Switzerland ()

Turkey Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Switzerland
Top DestinationUnited States$61.7B

This map shows whether countries import more from Turkey or Switzerland. Each country is colored based on the difference in imports they receive from Turkey and Switzerland or the difference in the growth in imports.

In 2021, countries that imported more from Turkey than Switzerland were Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

In 2021, countries that imported more from Switzerland than Turkey were United States ($61.7B), China ($44.1B), and Germany ($53.5B).

Difference in imports from Switzerland () and Turkey () (2022)

Comparative Advantage Turkey - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Turkey and Switzerland by product, considering products traded by both, Turkey and Switzerland.

During 2022, Turkey had a large net trade with Switzerland in the exports of Textiles ($440M), Metals ($237M), and Transportation ($174M).

During 2022, Switzerland had a large net trade with Turkey in the exports of Precious Metals ($11.3B), Chemical Products ($843M), and Machines ($403M).

Service Trade

Bilateral Service Trade

Che Year

Tur Year

2009

2008

In 2009, Turkey exported services to Switzerland worth $218M, with Travel ($198M), Other business services ($11.4M), and Insurance services ($8.26M) being the largest in terms of value.

In 2019, Switzerland exported services to Turkey worth $496M, with Financial services ($212M), Royalties and license fees ($124M), and Travel ($75M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Switzerland () (2009)

Services Exports from Switzerland () to Turkey () (2019)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over Turkey.

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Switzerland () (2022)

Exports from Switzerland () to Turkey () (2022)

Latest Data

Trade between Turkey () and Switzerland ()

Turkey Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Turkey () (2022)

Comparative Advantage Turkey - Switzerland

Service Trade

Bilateral Service Trade

Services Exports from Turkey () to Switzerland () (2009)

Services Exports from Switzerland () to Turkey () (2019)

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Switzerland () (2022)

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