2023
Flag  
GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC 
$99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Switzerland-Germany Trade: In 2023, Switzerland exported $53.8B to Germany. The main products that Switzerland exported to Germany were Vaccines, blood, antisera, toxins and cultures ($6.79B), Nitrogen Heterocyclic Compounds ($3.82B), and Packaged Medicaments ($3.24B). Over the past 5 years the exports of Switzerland to Germany have increased at an annualized rate of 1.19%, from $50.7B in 2018 to $53.8B in 2023.

In 2019, Switzerland exported services to Germany worth $11.4B, with Travel ($2.85B), Transportation ($2.67B), and Computer and information services ($1.86B) being the largest in terms of value.

Germany-Switzerland Trade: In 2023, Germany exported $66.2B to Switzerland. The main products that Germany exported to Switzerland were Packaged Medicaments ($6.36B), Cars ($5.23B), and Vaccines, blood, antisera, toxins and cultures ($3.82B). Over the past 5 years the exports of Germany to Switzerland have increased at an annualized rate of 2.69%,  from $57.9B in 2018 to $66.2B in 2023.

In 2020, Germany exported services to Switzerland worth $21.5B, with Other business services ($9.35B), Royalties and license fees ($3.22B), and Transportation ($3.08B) being the largest in terms of value.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Switzerland exported $53.8B to Germany. The main products exported from Switzerland to Germany were Vaccines, blood, antisera, toxins and cultures ($6.79B), Nitrogen Heterocyclic Compounds ($3.82B), and Packaged Medicaments ($3.24B). During the last 5 years the exports of Switzerland to Germany have increased at an annualized rate of 1.19%, from $50.7B in 2018 to $53.8B in 2023.

In 2018, Germany exported $66.2B to Switzerland. The main products exported from Germany to Switzerland were Packaged Medicaments ($6.36B), Cars ($5.23B), and Vaccines, blood, antisera, toxins and cultures ($3.82B). During the last 5 years the exports of Germany to Switzerland have increased at an annualized rate of 2.69%, from $57.9B in 2023 to $66.2B in 2018.

Exports from Switzerland (Flag) to Germany (Flag) (2023)

Exports from Germany (Flag) to Switzerland (Flag) (2023)

Latest Data

Trade between Switzerland (Flag) and Germany (Flag)

Switzerland Exports

Germany Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Germany
Top Destination
United States$157B

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

In 2023, countries that imported more from Switzerland than Germany included Hong Kong ($17.1B), Slovenia ($10.6B), and Lebanon ($2.35B).

In 2023, countries that imported more from Germany than Switzerland included United States ($157B), Netherlands ($108B), and France ($118B).

Difference in imports from Germany (Flag) and Switzerland (Flag) (2023)

Comparative Advantage Switzerland - Germany

Flow
Scale

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

During 2023, Switzerland had a large net trade with Germany in the exports of Chemical Products ($18.3B), Machines ($10.6B), and Instruments ($5.79B).

During 2018, Germany had a large net trade with Switzerland in the exports of Chemical Products ($14B), Machines ($12B), and Transportation ($8.17B).

Bilateral Service Trade

In 2019, Switzerland exported services to Germany worth $11.4B, with Travel ($2.85B), Transportation ($2.67B), and Computer and information services ($1.86B) being the largest in terms of value.

In 2020, Germany exported services to Switzerland worth $21.5B, with Other business services ($9.35B), Royalties and license fees ($3.22B), and Transportation ($3.08B) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Germany (Flag) (2023)

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