Switzerland (CHE) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Switzerland-Austria In 2022, Switzerland exported $10.8B to Austria. The main products that Switzerland exported to Austria are Gold ($2.76B), Hormones ($2.13B), and Vaccines, blood, antisera, toxins and cultures ($549M). During the last 27 years the exports of Switzerland to Austria have increased at an annualized rate of 4.81%, from $3.03B in 1995 to $10.8B in 2022.

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 2022, Austria exported $11.2B to Switzerland. The main products that Austria exported to Switzerland were Packaged Medicaments ($2.71B), Electricity ($1.33B), and Vaccines, blood, antisera, toxins and cultures ($211M). During the last 27 years the exports of Austria to Switzerland have increased at an annualized rate of 4.43%, from $3.48B in 1995 to $11.2B in 2022.

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 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Switzerland exported $10.8B to Austria. The main products exported from Switzerland to Austria were Gold ($2.76B), Hormones ($2.13B), and Vaccines, blood, antisera, toxins and cultures ($549M). During the last 27 years the exports of Switzerland to Austria have increased at an annualized rate of 4.81%, from $3.03B in 1995 to $10.8B in 2022.

In 2022, Austria exported $11.2B to Switzerland. The main products exported from Austria to Switzerland were Packaged Medicaments ($2.71B), Electricity ($1.33B), and Vaccines, blood, antisera, toxins and cultures ($211M). During the last 27 years the exports of Austria to Switzerland have increased at an annualized rate of 4.43%, from $3.48B in 1995 to $11.2B in 2022.

Exports from Switzerland () to Austria () (2022)

Exports from Austria () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Austria ()

Switzerland Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Austria
Top DestinationGermany$57.7B

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 ($61.7B), China ($44.1B), and India ($16B).

In 2021, countries that imported more from Austria than Switzerland were Hungary ($10.4B), Slovakia ($7.4B), and Czechia ($7.05B).

Difference in imports from Austria () and Switzerland () (2022)

Comparative Advantage Switzerland - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Austria in the exports of Chemical Products ($3.42B), Precious Metals ($3.05B), and Machines ($1.15B).

During 2022, Austria had a large net trade with Switzerland in the exports of Chemical Products ($3.33B), Machines ($1.63B), and Mineral Products ($1.47B).

Service Trade

Bilateral Service Trade

Aut Year

Che Year

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 () to Austria () (2019)

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

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Austria () (2022)

Exports from Austria () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Austria ()

Switzerland Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Switzerland () (2022)

Comparative Advantage Switzerland - Austria

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Austria () (2022)

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