2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Switzerland-Canada In 2022, Switzerland exported $5.56B to Canada. The main products that Switzerland exported to Canada are Vaccines, blood, antisera, toxins and cultures ($1.47B), Nucleic Acids ($1.15B), and Packaged Medicaments ($757M). During the last 27 years the exports of Switzerland to Canada have increased at an annualized rate of 7.89%, from $716M in 1995 to $5.56B in 2022.

In 2019, Switzerland exported services to Canada worth $984M, with Royalties and license fees ($347M), Computer and information services ($212M), and Transportation ($172M) being the largest in terms of value.

Canada-Switzerland In 2022, Canada exported $2.94B to Switzerland. The main products that Canada exported to Switzerland were Gold ($2.19B), Packaged Medicaments ($123M), and Platinum ($122M). During the last 27 years the exports of Canada to Switzerland have increased at an annualized rate of 7.11%, from $459M in 1995 to $2.94B in 2022.

In 2020, Canada exported services to Switzerland worth $433M, with Royalties and license fees ($169M), Financial services ($70.8M), and Computer and information services ($69.3M) 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $5.56B to Canada. The main products exported from Switzerland to Canada were Vaccines, blood, antisera, toxins and cultures ($1.47B), Nucleic Acids ($1.15B), and Packaged Medicaments ($757M). During the last 27 years the exports of Switzerland to Canada have increased at an annualized rate of 7.89%, from $716M in 1995 to $5.56B in 2022.

In 2022, Canada exported $2.94B to Switzerland. The main products exported from Canada to Switzerland were Gold ($2.19B), Packaged Medicaments ($123M), and Platinum ($122M). During the last 27 years the exports of Canada to Switzerland have increased at an annualized rate of 7.11%, from $459M in 1995 to $2.94B in 2022.

Exports from Switzerland (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Canada (Flag)

Switzerland Exports

Canada Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Switzerland than Canada were Germany ($53.5B), Italy ($22.8B), and China ($44.1B).

In 2021, countries that imported more from Canada than Switzerland were United States ($438B), Mexico ($7.39B), and Japan ($14.3B).

Difference in imports from Canada (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Canada

Flow
Scale

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

During 2022, Switzerland had a large net trade with Canada in the exports of Chemical Products ($3.55B), Instruments ($512M), and Machines ($348M).

During 2022, Canada had a large net trade with Switzerland in the exports of Precious Metals ($2.32B), Chemical Products ($184M), and Machines ($152M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to Canada worth $984M, with Royalties and license fees ($347M), Computer and information services ($212M), and Transportation ($172M) being the largest in terms of value.

In 2020, Canada exported services to Switzerland worth $433M, with Royalties and license fees ($169M), Financial services ($70.8M), and Computer and information services ($69.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Canada (Flag) (2019)

Services Exports from Canada (Flag) to Switzerland (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Canada (Flag) (2022)

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