2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Switzerland-Czechia Trade: In 2022, Switzerland exported $1.7B to Czechia. The main products that Switzerland exported to Czechia were Packaged Medicaments ($297M), Vaccines, blood, antisera, toxins and cultures ($242M), and Gold ($221M). Over the past 5 years the exports of Switzerland to Czechia have increased at an annualized rate of 28.4%, from $487M in 2017 to $1.7B in 2022.

In 2019, Switzerland exported services to Czechia worth $383M, with Royalties and license fees ($131M), Computer and information services ($120M), and Financial services ($53.7M) being the largest in terms of value.

Czechia-Switzerland Trade: In 2022, Czechia exported $2.57B to Switzerland. The main products that Czechia exported to Switzerland were Cars ($750M), Computers ($270M), and Beauty Products ($134M). Over the past 5 years the exports of Czechia to Switzerland have increased at an annualized rate of 53.4%,  from $302M in 2017 to $2.57B in 2022.

In 2019, Czechia exported services to Switzerland worth $948M, with Other business services ($516M), Transportation ($178M), and Computer and information services ($139M) 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $1.7B to Czechia. The main products exported from Switzerland to Czechia were Packaged Medicaments ($297M), Vaccines, blood, antisera, toxins and cultures ($242M), and Gold ($221M). During the last 5 years the exports of Switzerland to Czechia have increased at an annualized rate of 28.4%, from $487M in 2017 to $1.7B in 2022.

In 2017, Czechia exported $2.57B to Switzerland. The main products exported from Czechia to Switzerland were Cars ($750M), Computers ($270M), and Beauty Products ($134M). During the last 22 years the exports of Czechia to Switzerland have increased at an annualized rate of 53.4%, from $302M in 1995 to $2.57B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Czechia (Flag)

Switzerland Exports

Czechia Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Switzerland than Czechia included United States ($61.7B), China ($44.1B), and India ($16B).

In 2022, countries that imported more from Czechia than Switzerland included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Switzerland - Czechia

Flow
Scale

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

During 2022, Switzerland had a large net trade with Czechia in the exports of Chemical Products ($667M), Machines ($580M), and Precious Metals ($256M).

During 2017, Czechia had a large net trade with Switzerland in the exports of Machines ($1.14B), Transportation ($854M), and Metals ($331M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Czechia+$127MPackaged Medicaments
Top Product Potential Czechia Switzerland+$134MCars

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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Bilateral Service Trade

In 2019, Switzerland exported services to Czechia worth $383M, with Royalties and license fees ($131M), Computer and information services ($120M), and Financial services ($53.7M) being the largest in terms of value.

In 2019, Czechia exported services to Switzerland worth $948M, with Other business services ($516M), Transportation ($178M), and Computer and information services ($139M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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