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).