Switzerland / Belgium

Switzerland-Belgium Trade: In 2023, Switzerland exported $9.34B to Belgium. The main products that Switzerland exported to Belgium were Vaccines, blood, antisera, toxins and cultures ($5.75B), Packaged Medicaments ($1.37B), and Orthopedic Appliances ($337M). Over the past 5 years the exports of Switzerland to Belgium have increased at an annualized rate of 13.1%, from $5.06B in 2018 to $9.34B in 2023.

In 2019, Switzerland exported services to Belgium worth $1.03B, with Financial services ($261M), Transportation ($214M), and Royalties and license fees ($214M) being the largest in terms of value.

Belgium-Switzerland Trade: In 2023, Belgium exported $4.44B to Switzerland. The main products that Belgium exported to Switzerland were Vaccines, blood, antisera, toxins and cultures ($492M), Diamonds ($474M), and Refined Petroleum ($413M). Over the past 5 years the exports of Belgium to Switzerland have decreased at an annualized rate of 2.93%,  from $5.15B in 2018 to $4.44B in 2023.

In 2020, Belgium exported services to Switzerland worth $6.32B, with Transportation ($2.53B), Other business services ($2.51B), and Computer and information services ($455M) 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, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).