Flag United Arab Emirates / Switzerland Flag

2019
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Exports
: $15.1B, Rnk 4 / 211

2019
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Top Product
: $7.56B, Jewellery

2019
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Exports
: $3.78B, Rnk 16 / 215

2019
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Top Product
: $878M, Jewellery

2019
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Economic Complexity (ECI)
: ECI 0.28, Rnk 55 / 146

2019
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Economic Complexity (ECI)
: ECI 1.96, Rnk 3 / 146

2019
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GDP
: $421B, CURRENT US$
Rnk 28 / 187

2009-2019
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GDP GROWTH
: 66.1%, CURRENT US$
Rnk 68 / 187

2019
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 GDP
: $703B, CURRENT US$
Rnk 20 / 187

2009-2019
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GDP GROWTH
: 29.8%, CURRENT US$
Rnk 126 / 187

2019
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GDP PC 
: $43,103, CURRENT US$
Rnk 22 / 187

2009-2019
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GDP PC GROWTH
: 34.6%, CURRENT US$
Rnk 83 / 187

2019
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GDP PC
: $81,994, CURRENT US$
Rnk 4 / 187

2009-2019
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GDP PC GROWTH
: 17.3%, CURRENT US$
Rnk 123 / 187

United Arab Emirates-Switzerland In 2019, United Arab Emirates exported $15.1B to Switzerland. The main products that United Arab Emirates exported to Switzerland are Jewellery ($7.56B), Gold ($6.88B), and Diamonds ($394M). During the last 24 years the exports of United Arab Emirates to Switzerland have increased at an annualized rate of 35.6%, from $10.1M in 1995 to $15.1B in 2019.

In 2019, United Arab Emirates did not export any services to Switzerland.

Switzerland-United Arab Emirates In 2019, Switzerland exported $3.78B to United Arab Emirates . The main products that Switzerland exported to United Arab Emirates were Jewellery ($878M), Gold ($622M), and Base Metal Watches ($584M). During the last 24 years the exports of Switzerland to United Arab Emirates have increased at an annualized rate of 10.2%, from $368M in 1995 to $3.78B in 2019.

In 2019, Switzerland did not export any services to United Arab Emirates.

Comparison In 2019,  United Arab Emirates ranked 55 in the Economic Complexity Index (ECI 0.28), and 24 in total exports ($248B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($310B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United Arab Emirates exported $15.1B to Switzerland. The main products exported from United Arab Emirates to Switzerland were Jewellery ($7.56B), Gold ($6.88B), and Diamonds ($394M). During the last 24 years the exports of United Arab Emirates to Switzerland have increased at an annualized rate of 35.6%, from $10.1M in 1995 to $15.1B in 2019.

In 2019, Switzerland exported $3.78B to United Arab Emirates. The main products exported from Switzerland to United Arab Emirates were Jewellery ($878M), Gold ($622M), and Base Metal Watches ($584M). During the last 24 years the exports of Switzerland to United Arab Emirates have increased at an annualized rate of 10.2%, from $368M in 1995 to $3.78B in 2019.

United Arab Emirates Exports

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Switzerland Exports

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Market Competitiveness

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Measure

United Arab Emirates
Top Destination
: India, $26.8B

Switzerland
Top Destination
: Germany, $48.1B

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

In 2019, countries that imported more from United Arab Emirates than Switzerland were Saudi Arabia ($17.9B), Japan ($24B), and Iraq ($13.7B).

In 2019, countries that imported more from Switzerland than United Arab Emirates were Germany ($48.1B), United States ($42.5B), and United Kingdom ($24.4B).

Comparative Advantage United Arab Emirates - Switzerland

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Depth

This chart compares trade between United Arab Emirates and Switzerland by product, considering products traded by both, United Arab Emirates and Switzerland.

During 2019, United Arab Emirates had a large net trade with Switzerland in the exports of Precious Metals ($14.9B), Instruments ($111M), and Metals ($65.5M).

During 2019, Switzerland had a large net trade with United Arab Emirates in the exports of Precious Metals ($1.81B), Instruments ($1.02B), and Chemical Products ($371M).

Tariff Section

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This section shows import tariffs for products traded between United Arab Emirates and Switzerland (using the HS6 product classification and the last year reported).

In 2018, the products from United Arab Emirates that paid the highest import tariffs to enter Switzerland were Tobacco, unmanufactured, not stemmed or stripped (100%) and Tobacco, unmanufactured, stemmed or stripped (100%).

In 2018, the products from Switzerland that paid the highest import tariffs to enter United Arab Emirates were Horses: live, pure-bred breeding animals (0%) and Horses: live, other than pure-bred breeding animals (0%).

*The tariffs present between United Arab Emirates and Switzerland are:
136: Most Favoured Nation duty rate treatement
217: Preferential tariff for European Free Trade Association (EFTA) countries

Economic Complexity

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Competitive Landscape

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