Flag Switzerland / Belgium Flag

2019
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Exports
: $6.29B, Rnk 12 / 215

2019
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Top Product
: $1.82B, Packaged Medicaments

2019
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Exports
: $5.78B, Rnk 13 / 219

2019
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Top Product
: $1B, Gold

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

2019
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Economic Complexity (ECI)
: ECI 1.34, Rnk 18 / 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
: $533B, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 161 / 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
: $46,421, CURRENT US$
Rnk 19 / 187

2009-2019
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GDP PC GROWTH
: 4.12%, CURRENT US$
Rnk 147 / 187

Switzerland-Belgium In 2019, Switzerland exported $6.29B to Belgium. The main products that Switzerland exported to Belgium are Packaged Medicaments ($1.82B), Blood, antisera, vaccines, toxins and cultures ($1.58B), and Orthopedic Appliances ($458M). During the last 20 years the exports of Switzerland to Belgium have increased at an annualized rate of 6.94%, from $1.64B in 1999 to $6.29B in 2019.

In 2019, Switzerland exported services to Belgium worth $926M, with Financial services ($235M), Transportation ($193M), and Royalties and license fees ($193M) being the largest in terms of value.

Belgium-Switzerland In 2019, Belgium exported $5.78B to Switzerland . The main products that Belgium exported to Switzerland were Gold ($1B), Refined Petroleum ($680M), and Diamonds ($457M). During the last 20 years the exports of Belgium to Switzerland have increased at an annualized rate of 4.47%, from $2.41B in 1999 to $5.78B in 2019.

In 2018, Belgium exported services to Switzerland worth $5.57B, with Other business services ($2.61B), Transportation ($1.89B), and Computer and information services ($344M) 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, Belgium ranked 18 in the Economic Complexity Index (ECI 1.34), and 12 in total exports ($411B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Switzerland exported $6.29B to Belgium. The main products exported from Switzerland to Belgium were Packaged Medicaments ($1.82B), Blood, antisera, vaccines, toxins and cultures ($1.58B), and Orthopedic Appliances ($458M). During the last 20 years the exports of Switzerland to Belgium have increased at an annualized rate of 6.94%, from $1.64B in 1999 to $6.29B in 2019.

In 2019, Belgium exported $5.78B to Switzerland. The main products exported from Belgium to Switzerland were Gold ($1B), Refined Petroleum ($680M), and Diamonds ($457M). During the last 20 years the exports of Belgium to Switzerland have increased at an annualized rate of 4.47%, from $2.41B in 1999 to $5.78B in 2019.

Switzerland Exports

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Belgium Exports

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Market Competitiveness

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Measure

Switzerland
Top Destination
: Germany, $48.1B

Belgium
Top Destination
: Germany, $68.9B

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

In 2019, countries that imported more from Switzerland than Belgium were United States ($42.5B), China ($21.7B), and India ($18.9B).

In 2019, countries that imported more from Belgium than Switzerland were Netherlands ($53.1B), France ($55.6B), and Germany ($68.9B).

Comparative Advantage Switzerland - Belgium

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Depth

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

During 2019, Switzerland had a large net trade with Belgium in the exports of Chemical Products ($3.87B), Instruments ($877M), and Machines ($577M).

During 2019, Belgium had a large net trade with Switzerland in the exports of Precious Metals ($1.83B), Chemical Products ($1.22B), and Mineral Products ($708M).

Bilateral Service Trade

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In 2019, Switzerland exported services to Belgium worth $926M, with Financial services ($235M), Transportation ($193M), and Royalties and license fees ($193M) being the largest in terms of value.

In 2018, Belgium exported services to Switzerland worth $5.57B, with Other business services ($2.61B), Transportation ($1.89B), and Computer and information services ($344M) 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 Belgium. Similarly, the more red a dot/product is, the more Belgium has comparative advantage over Switzerland.