Flag Switzerland / Austria Flag

2019
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Exports
: $6.54B, Rnk 11 / 215

2019
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Top Product
: $1.49B, Hormones

2019
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Exports
: $8.51B, Rnk 4 / 212

2019
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Top Product
: $2.06B, Packaged Medicaments

2019
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Economic Complexity (ECI)
: ECI 1.96, Rnk 3 / 146

2019
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Economic Complexity (ECI)
: ECI 1.59, Rnk 9 / 146

2019
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GDP
: $703B, CURRENT US$
Rnk 20 / 187

2009-2019
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GDP GROWTH
: 29.8%, CURRENT US$
Rnk 126 / 187

2019
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 GDP
: $445B, CURRENT US$
Rnk 27 / 187

2009-2019
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GDP GROWTH
: 11.2%, CURRENT US$
Rnk 160 / 187

2019
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GDP PC 
: $81,994, CURRENT US$
Rnk 4 / 187

2009-2019
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GDP PC GROWTH
: 17.3%, CURRENT US$
Rnk 123 / 187

2019
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GDP PC
: $50,138, CURRENT US$
Rnk 15 / 187

2009-2019
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GDP PC GROWTH
: 4.53%, CURRENT US$
Rnk 146 / 187

Switzerland-Austria In 2019, Switzerland exported $6.54B to Austria. The main products that Switzerland exported to Austria are Hormones ($1.49B), Gold ($511M), and Blood, antisera, vaccines, toxins and cultures ($306M). During the last 24 years the exports of Switzerland to Austria have increased at an annualized rate of 3.22%, from $3.06B in 1995 to $6.54B in 2019.

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.

Austria-Switzerland In 2019, Austria exported $8.51B to Switzerland . The main products that Austria exported to Switzerland were Packaged Medicaments ($2.06B), Electricity ($256M), and Cars ($216M). During the last 24 years the exports of Austria to Switzerland have increased at an annualized rate of 3.88%, from $3.41B in 1995 to $8.51B in 2019.

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.

Comparison In 2019,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($310B). That same year, Austria ranked 9 in the Economic Complexity Index (ECI 1.59), and 31 in total exports ($172B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Switzerland exported $6.54B to Austria. The main products exported from Switzerland to Austria were Hormones ($1.49B), Gold ($511M), and Blood, antisera, vaccines, toxins and cultures ($306M). During the last 24 years the exports of Switzerland to Austria have increased at an annualized rate of 3.22%, from $3.06B in 1995 to $6.54B in 2019.

In 2019, Austria exported $8.51B to Switzerland. The main products exported from Austria to Switzerland were Packaged Medicaments ($2.06B), Electricity ($256M), and Cars ($216M). During the last 24 years the exports of Austria to Switzerland have increased at an annualized rate of 3.88%, from $3.41B in 1995 to $8.51B in 2019.

Switzerland Exports

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Austria Exports

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Market Competitiveness

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Measure

Switzerland
Top Destination
: Germany, $48.1B

Austria
Top Destination
: Germany, $48.4B

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 2019, countries that imported more from Switzerland than Austria were United States ($42.5B), United Kingdom ($24.4B), and India ($18.9B).

In 2019, countries that imported more from Austria than Switzerland were Hungary ($6.56B), Czechia ($5.78B), and Poland ($5.47B).

Comparative Advantage Switzerland - Austria

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Depth

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

During 2019, Switzerland had a large net trade with Austria in the exports of Chemical Products ($2.39B), Machines ($1.05B), and Metals ($622M).

During 2019, Austria had a large net trade with Switzerland in the exports of N/A.

Bilateral Service Trade

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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.

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.

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