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2023
Flag → Flag
Exports $10.5BRnk 10 / 216
2023
Flag → Flag
Top Product $9.71BGold
2023
Flag → Flag
Exports $11BRnk 11 / 219
2023
Flag → Flag
Top Product $7.05BGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 1.96Rnk 3 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 125 / 195
2023
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GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$99,565CURRENT US$
Rnk 5 / 196
2013-2023
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GDP PC GROWTH14%CURRENT US$
Rnk 122 / 195

About

United Arab Emirates-Switzerland Trade: In 2023, United Arab Emirates exported $10.5B to Switzerland. The main products that United Arab Emirates exported to Switzerland were Gold ($9.71B), Jewellery ($435M), and Precious Metal Watches ($95.6M). Over the past 5 years the exports of United Arab Emirates to Switzerland have decreased at an annualized rate of 0.24%, from $10.6B in 2018 to $10.5B in 2023.

In 2023, United Arab Emirates did not export any services to Switzerland.

Switzerland-United Arab Emirates Trade: In 2023, Switzerland exported $11B to United Arab Emirates. The main products that Switzerland exported to United Arab Emirates were Gold ($7.05B), Base Metal Watches ($929M), and Precious Metal Watches ($898M). Over the past 5 years the exports of Switzerland to United Arab Emirates have increased at an annualized rate of 16%,  from $5.21B in 2018 to $11B in 2023.

In 2023, Switzerland did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $10.5B to Switzerland. The main products exported from United Arab Emirates to Switzerland were Gold ($9.71B), Jewellery ($435M), and Precious Metal Watches ($95.6M). During the last 5 years the exports of United Arab Emirates to Switzerland have decreased at an annualized rate of 0.24%, from $10.6B in 2018 to $10.5B in 2023.

In 2018, Switzerland exported $11B to United Arab Emirates. The main products exported from Switzerland to United Arab Emirates were Gold ($7.05B), Base Metal Watches ($929M), and Precious Metal Watches ($898M). During the last 5 years the exports of Switzerland to United Arab Emirates have increased at an annualized rate of 16%, from $5.21B in 2023 to $11B in 2018.

Exports from United Arab Emirates (Flag) to Switzerland (Flag) (2023)

Exports from Switzerland (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Switzerland (Flag)

United Arab Emirates Exports

Switzerland Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Switzerland
Top DestinationGermany$53.8B

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 2023, countries that imported more from United Arab Emirates than Switzerland included Japan ($37.4B), Iraq ($22.6B), and India ($38.2B).

In 2023, countries that imported more from Switzerland than United Arab Emirates included Germany ($53.8B), United States ($45.1B), and Italy ($19.4B).

Difference in imports from Switzerland (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Switzerland

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Switzerland in the exports of Precious Metals ($10.2B), Instruments ($132M), and Machines ($57.4M).

During 2018, Switzerland had a large net trade with United Arab Emirates in the exports of Precious Metals ($7.81B), Instruments ($1.93B), and Chemical Products ($516M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Switzerland+$39.8MDiamonds
Top Product Potential Switzerland United Arab Emirates+$57.4MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Switzerland. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Switzerland (Flag) (2023)

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