Switzerland-Australia Trade: In 2023, Switzerland exported $2.91B to Australia. The main products that Switzerland exported to Australia were Vaccines, blood, antisera, toxins and cultures ($504M), Precious Metal Watches ($364M), and Packaged Medicaments ($311M). Over the past 5 years the exports of Switzerland to Australia have increased at an annualized rate of 0.96%, from $2.78B in 2018 to $2.91B in 2023.
In 2019, Switzerland exported services to Australia worth $1.14B, with Computer and information services ($309M), Insurance services ($286M), and Royalties and license fees ($258M) being the largest in terms of value.
Australia-Switzerland Trade: In 2023, Australia exported $5.71B to Switzerland. The main products that Australia exported to Switzerland were Gold ($5.31B), Packaged Medicaments ($45.6M), and Coal Briquettes ($44M). Over the past 5 years the exports of Australia to Switzerland have increased at an annualized rate of 37%, from $1.18B in 2018 to $5.71B in 2023.
In 2009, Australia exported services to Switzerland worth $577M, with Transportation ($202M), Other business services ($192M), and Travel ($160M) being the largest in terms of value.
Comparison: In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).