Switzerland (CHE) and Canada (CAN) Trade | OEC - The Observatory of Economic Complexity

About

Switzerland-Canada In 2020, Switzerland exported $4.31B to Canada. The main products that Switzerland exported to Canada are Blood, antisera, vaccines, toxins and cultures ($1.52B), Packaged Medicaments ($1.07B), and Gold ($157M). During the last 25 years the exports of Switzerland to Canada have increased at an annualized rate of 7.45%, from $714M in 1995 to $4.31B in 2020.

In 2019, Switzerland exported services to Canada worth $884M, with Royalties and license fees ($312M), Computer and information services ($191M), and Transportation ($155M) being the largest in terms of value.

Canada-Switzerland In 2020, Canada exported $1.56B to Switzerland . The main products that Canada exported to Switzerland were Gold ($861M), Planes, Helicopters, and/or Spacecraft ($143M), and Platinum ($96.3M). During the last 25 years the exports of Canada to Switzerland have increased at an annualized rate of 5.06%, from $455M in 1995 to $1.56B in 2020.

In 2017, Canada exported services to Switzerland worth $315M, with Travel ($167M), Transportation ($143M), and Government services, n.i.e. ($5M) being the largest in terms of value.

Comparison In 2020, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.99), and 15 in total exports ($305B). That same year, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2020, Switzerland exported $4.31B to Canada. The main products exported from Switzerland to Canada were Blood, antisera, vaccines, toxins and cultures ($1.52B), Packaged Medicaments ($1.07B), and Gold ($157M). During the last 25 years the exports of Switzerland to Canada have increased at an annualized rate of 7.45%, from $714M in 1995 to $4.31B in 2020.

In 2020, Canada exported $1.56B to Switzerland. The main products exported from Canada to Switzerland were Gold ($861M), Planes, Helicopters, and/or Spacecraft ($143M), and Platinum ($96.3M). During the last 25 years the exports of Canada to Switzerland have increased at an annualized rate of 5.06%, from $455M in 1995 to $1.56B in 2020.

Latest Data

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Switzerland Exports

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Date

Canada Exports

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Date

Market Competitiveness

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Measure

SectionYear

Switzerland
Top Destination: United States, $62B

Canada
Top Destination: United States, $264B

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 2019, countries that imported more from Switzerland than Canada were Germany ($49.2B), France ($16.3B), and Italy ($13.6B).

In 2019, countries that imported more from Canada than Switzerland were United States ($264B), Mexico ($5.26B), and Japan ($9.44B).

Comparative Advantage Switzerland - Canada

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Flow

Year

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

During 2020, Switzerland had a large net trade with Canada in the exports of Chemical Products ($2.88B), Instruments ($334M), and Machines ($298M).

During 2020, Canada had a large net trade with Switzerland in the exports of Precious Metals ($967M), Transportation ($175M), and Machines ($134M).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between Switzerland and Canada (using the HS6 product classification and the last year reported).

In 2019, the products from Switzerland that paid the highest import tariffs to enter Canada were Non-alcoholic beverages; other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009 (916k%)and Cigarettes containing tobacco (736k%).

In 2019, the products from Canada that paid the highest import tariffs to enter Switzerland were Fermented beverages nes (eg cider, perry, mead, etc) (38.4k%)and Grape wines nes, fortified wine or must, pack < 2l (1.6k%).

*The tariffs present between Switzerland and Canada are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
178: Preferential tariff for Canada
178: Preferential tariff for Canada

Service Trade

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Bilateral Service Trade

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Can YearChe Year

In 2019, Switzerland exported services to Canada worth $884M, with Royalties and license fees ($312M), Computer and information services ($191M), and Transportation ($155M) being the largest in terms of value.

In 2017, Canada exported services to Switzerland worth $315M, with Travel ($167M), Transportation ($143M), and Government services, n.i.e. ($5M) 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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Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Switzerland Exports

Canada Exports

Market Competitiveness

Comparative Advantage Switzerland - Canada

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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