Flag Austria / Switzerland Flag

2021
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Exports
: $10.1B, Rnk 4 / 217

2021
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Top Product
: $2.59B, Packaged Medicaments

2021
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Exports
: $10.3B, Rnk 10 / 216

2021
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Top Product
: $2.69B, Hormones

2021
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Economic Complexity (ECI)
: ECI 1.5, Rnk 9 / 131

2021
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Economic Complexity (ECI)
: ECI 1.94, Rnk 2 / 131

2021
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GDP
: $477B, CURRENT US$
Rnk 29 / 182

2011-2021
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GDP GROWTH
: 10.5%, CURRENT US$
Rnk 129 / 182

2021
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 GDP
: $813B, CURRENT US$
Rnk 20 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 120 / 182

2021
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GDP PC 
: $53,268, CURRENT US$
Rnk 15 / 182

2011-2021
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GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 116 / 182

2021
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GDP PC
: $93,457, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP PC GROWTH
: 2.41%, CURRENT US$
Rnk 120 / 182

Austria-Switzerland In 2021, Austria exported $10.1B to Switzerland. The main products that Austria exported to Switzerland are Packaged Medicaments ($2.59B), Electricity ($483M), and Wood Carpentry ($207M). During the last 26 years the exports of Austria to Switzerland have increased at an annualized rate of 4.19%, from $3.46B in 1995 to $10.1B in 2021.

In 2020, Austria exported services to Switzerland worth $4.54B, with Other business services ($1.6B), Travel ($1.19B), and Transportation ($897M) being the largest in terms of value.

Switzerland-Austria In 2021, Switzerland exported $10.3B to Austria. The main products that Switzerland exported to Austria were Hormones ($2.69B), Gold ($2.01B), and Vaccines, blood, antisera, toxins and cultures ($530M). During the last 26 years the exports of Switzerland to Austria have increased at an annualized rate of 4.89%, from $2.99B in 1995 to $10.3B in 2021.

In 2019, Switzerland exported services to Austria worth $1.13B, with Financial services ($279M), Travel ($252M), and Insurance services ($172M) being the largest in terms of value.

Comparison In 2021,  Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.94), and 17 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Austria exported $10.1B to Switzerland. The main products exported from Austria to Switzerland were Packaged Medicaments ($2.59B), Electricity ($483M), and Wood Carpentry ($207M). During the last 26 years the exports of Austria to Switzerland have increased at an annualized rate of 4.19%, from $3.46B in 1995 to $10.1B in 2021.

In 2021, Switzerland exported $10.3B to Austria. The main products exported from Switzerland to Austria were Hormones ($2.69B), Gold ($2.01B), and Vaccines, blood, antisera, toxins and cultures ($530M). During the last 26 years the exports of Switzerland to Austria have increased at an annualized rate of 4.89%, from $2.99B in 1995 to $10.3B in 2021.

Austria Exports

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Switzerland Exports

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Market Competitiveness

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Color

Austria
Top Destination
: Germany, $56.4B

Switzerland
Top Destination
: Germany, $55.2B

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 2021, countries that imported more from Austria than Switzerland were Hungary ($7.99B), Slovakia ($7.14B), and Poland ($7.61B).

In 2021, countries that imported more from Switzerland than Austria were United States ($51.1B), India ($31.8B), and China ($33.1B).

Comparative Advantage Austria - Switzerland

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Flow
Scale

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

During 2021, Austria had a large net trade with Switzerland in the exports of Chemical Products ($3.07B), Machines ($1.64B), and Metals ($1.15B).

During 2021, Switzerland had a large net trade with Austria in the exports of Chemical Products ($3.94B), Precious Metals ($2.26B), and Machines ($1.2B).

Bilateral Service Trade

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In 2020, Austria exported services to Switzerland worth $4.54B, with Other business services ($1.6B), Travel ($1.19B), and Transportation ($897M) being the largest in terms of value.

In 2019, Switzerland exported services to Austria worth $1.13B, with Financial services ($279M), Travel ($252M), and Insurance services ($172M) 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 yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over Austria.