Switzerland / Belgium

Switzerland-Belgium Trade: In 2022, Switzerland exported $5.4B to Belgium. The main products that Switzerland exported to Belgium were Vaccines, blood, antisera, toxins and cultures ($1.61B), Packaged Medicaments ($713M), and Orthopedic Appliances ($438M). Over the past 5 years the exports of Switzerland to Belgium have decreased at an annualized rate of 3.72%, from $6.53B in 2017 to $5.4B in 2022.

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 2022, Belgium exported $4.92B to Switzerland. The main products that Belgium exported to Switzerland were Diamonds ($634M), Vaccines, blood, antisera, toxins and cultures ($524M), and Gold ($301M). Over the past 5 years the exports of Belgium to Switzerland have decreased at an annualized rate of 1.13%,  from $5.21B in 2017 to $4.92B in 2022.

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 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).