2021
Flag  
GDP
$801BCURRENT US$
Rnk 20 / 204
2011-2021
Flag
GDP GROWTH
11.8%CURRENT US$
Rnk 136 / 204
2021
Flag
 GDP
$480BCURRENT US$
Rnk 29 / 204
2011-2021
Flag
GDP GROWTH
11.3%CURRENT US$
Rnk 140 / 204
2021
Flag
GDP PC 
$91,992CURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP PC GROWTH
1.67%CURRENT US$
Rnk 140 / 204
2021
Flag
GDP PC
$53,638CURRENT US$
Rnk 21 / 204
2011-2021
Flag
GDP PC GROWTH
4.27%CURRENT US$
Rnk 132 / 204

About

Switzerland-Austria In 2021, Switzerland exported $10.3B to Austria. The main products that Switzerland exported to Austria are 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.

Austria-Switzerland In 2021, Austria exported $10.1B to Switzerland. The main products that Austria exported 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 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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

Exports from Switzerland (Flag) to Austria (Flag) (2021)

Exports from Austria (Flag) to Switzerland (Flag) (2021)

Latest Data

Trade between Switzerland (Flag) and Austria (Flag)

Switzerland Exports

Austria Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$55.2B
Austria
Top Destination
Germany$56.4B

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

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

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

Difference in imports from Austria (Flag) and Switzerland (Flag) (2021)

Comparative Advantage Switzerland - Austria

Flow
Scale

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

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).

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).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Austria (Flag) (2019)

Services Exports from Austria (Flag) to Switzerland (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Austria (Flag) (2021)

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