Flag Austria / Switzerland Flag

2020
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Exports
: $8.82B, Rnk 4 / 213

2020
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Top Product
: $2.61B, Packaged Medicaments

2020
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Exports
: $8.32B, Rnk 8 / 217

2020
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Top Product
: $2.49B, Hormones

2020
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Economic Complexity (ECI)
: ECI 1.52, Rnk 10 / 127

2020
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Economic Complexity (ECI)
: ECI 1.99, Rnk 2 / 127

2020
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GDP
: $433B, CURRENT US$
Rnk 25 / 195

2010-2020
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GDP GROWTH
: 10.6%, CURRENT US$
Rnk 138 / 195

2020
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 GDP
: $752B, CURRENT US$
Rnk 18 / 195

2010-2020
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GDP GROWTH
: 24.7%, CURRENT US$
Rnk 107 / 195

2020
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GDP PC 
: $48,587, CURRENT US$
Rnk 17 / 195

2010-2020
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GDP PC GROWTH
: 3.69%, CURRENT US$
Rnk 123 / 195

2020
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GDP PC
: $87,097, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP PC GROWTH
: 12.9%, CURRENT US$
Rnk 105 / 195

Austria-Switzerland In 2020, Austria exported $8.82B to Switzerland. The main products that Austria exported to Switzerland are Packaged Medicaments ($2.61B), Electricity ($222M), and Wood Carpentry ($167M). During the last 25 years the exports of Austria to Switzerland have increased at an annualized rate of 3.88%, from $3.4B in 1995 to $8.82B in 2020.

In 2019, Austria exported services to Switzerland worth $3.42B, with Other business services ($1.64B), Transportation ($970M), and Computer and information services ($501M) being the largest in terms of value.

Switzerland-Austria In 2020, Switzerland exported $8.32B to Austria . The main products that Switzerland exported to Austria were Hormones ($2.49B), Gold ($1.5B), and Blood, antisera, vaccines, toxins and cultures ($442M). During the last 25 years the exports of Switzerland to Austria have increased at an annualized rate of 4.18%, from $2.99B in 1995 to $8.32B in 2020.

In 2019, Switzerland exported services to Austria worth $1.02B, with Financial services ($251M), Travel ($227M), and Insurance services ($154M) being the largest in terms of value.

Comparison In 2020,  Austria ranked 10 in the Economic Complexity Index (ECI 1.52), and 31 in total exports ($160B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.99), and 15 in total exports ($305B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Austria exported $8.82B to Switzerland. The main products exported from Austria to Switzerland were Packaged Medicaments ($2.61B), Electricity ($222M), and Wood Carpentry ($167M). During the last 25 years the exports of Austria to Switzerland have increased at an annualized rate of 3.88%, from $3.4B in 1995 to $8.82B in 2020.

In 2020, Switzerland exported $8.32B to Austria. The main products exported from Switzerland to Austria were Hormones ($2.49B), Gold ($1.5B), and Blood, antisera, vaccines, toxins and cultures ($442M). During the last 25 years the exports of Switzerland to Austria have increased at an annualized rate of 4.18%, from $2.99B in 1995 to $8.32B in 2020.

Austria Exports

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Switzerland Exports

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Market Competitiveness

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Measure

Austria
Top Destination
: Germany, $46.6B

Switzerland
Top Destination
: United States, $62B

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

In 2019, countries that imported more from Austria than Switzerland were Hungary ($6.06B), Czechia ($5.45B), and Poland ($5.9B).

In 2019, countries that imported more from Switzerland than Austria were United States ($62B), China ($17.3B), and India ($12B).

Comparative Advantage Austria - Switzerland

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Flow

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

During 2020, Austria had a large net trade with Switzerland in the exports of Chemical Products ($3.05B), Machines ($1.48B), and Metals ($886M).

During 2020, Switzerland had a large net trade with Austria in the exports of Chemical Products ($3.46B), Precious Metals ($1.65B), and Machines ($998M).

Bilateral Service Trade

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In 2019, Austria exported services to Switzerland worth $3.42B, with Other business services ($1.64B), Transportation ($970M), and Computer and information services ($501M) being the largest in terms of value.

In 2019, Switzerland exported services to Austria worth $1.02B, with Financial services ($251M), Travel ($227M), and Insurance services ($154M) being the largest in terms of value.

Service trade data is presented based on availability.

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 Austria has comparative advantage over Switzerland. Similarly, the more red a dot/product is, the more Switzerland has comparative advantage over Austria.