2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Switzerland-China Trade: In 2022, Switzerland exported $44.1B to China. The main products that Switzerland exported to China were Gold ($27.5B), Vaccines, blood, antisera, toxins and cultures ($2.98B), and Packaged Medicaments ($2.08B). Over the past 5 years the exports of Switzerland to China have increased at an annualized rate of 12.7%, from $24.2B in 2017 to $44.1B in 2022.

In 2019, Switzerland exported services to China worth $3.72B, with Travel ($1.12B), Royalties and license fees ($1.1B), and Transportation ($774M) being the largest in terms of value.

China-Switzerland Trade: In 2022, China exported $17.9B to Switzerland. The main products that China exported to Switzerland were Broadcasting Equipment ($1.56B), Computers ($1.05B), and Nitrogen Heterocyclic Compounds ($578M). Over the past 5 years the exports of China to Switzerland have increased at an annualized rate of 7.92%,  from $11.3B in 2017 to $17.9B in 2022.

In 2022, China did not export any services to Switzerland.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $44.1B to China. The main products exported from Switzerland to China were Gold ($27.5B), Vaccines, blood, antisera, toxins and cultures ($2.98B), and Packaged Medicaments ($2.08B). During the last 5 years the exports of Switzerland to China have increased at an annualized rate of 12.7%, from $24.2B in 2017 to $44.1B in 2022.

In 2017, China exported $17.9B to Switzerland. The main products exported from China to Switzerland were Broadcasting Equipment ($1.56B), Computers ($1.05B), and Nitrogen Heterocyclic Compounds ($578M). During the last 5 years the exports of China to Switzerland have increased at an annualized rate of 7.92%, from $11.3B in 2022 to $17.9B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and China (Flag)

Switzerland Exports

China Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Switzerland than China included Slovenia ($11.7B), Austria ($10.8B), and Cayman Islands ($89.2M).

In 2022, countries that imported more from China than Switzerland included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Switzerland - China

Flow
Scale

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

During 2022, Switzerland had a large net trade with China in the exports of Precious Metals ($28.9B), Chemical Products ($6.6B), and Instruments ($4.07B).

During 2017, China had a large net trade with Switzerland in the exports of Machines ($7.18B), Chemical Products ($2.09B), and Textiles ($2.05B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland China+$415MPackaged Medicaments
Top Product Potential China Switzerland+$391MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Switzerland and China. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Switzerland.

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

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