Flag Switzerland / Estonia Flag

2020
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Exports
: $255M, Rnk 64 / 217

2020
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Top Product
: $117M, Gold

2020
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Exports
: $125M, Rnk 23 / 184

2020
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Top Product
: $40M, Coal Tar Oil

2020
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Economic Complexity (ECI)
: ECI 1.99, Rnk 2 / 127

2020
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GDP
: $752B, CURRENT US$
Rnk 18 / 204

2010-2020
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GDP GROWTH
: 24.7%, CURRENT US$
Rnk 108 / 204

2020
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 GDP
: $30.7B, CURRENT US$
Rnk 99 / 204

2010-2020
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GDP GROWTH
: 57%, CURRENT US$
Rnk 50 / 204

2020
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GDP PC 
: $87,100, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP PC GROWTH
: 12.9%, CURRENT US$
Rnk 107 / 204

2020
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GDP PC
: $23,054, CURRENT US$
Rnk 48 / 204

2010-2020
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GDP PC GROWTH
: 57.2%, CURRENT US$
Rnk 25 / 204

Switzerland-Estonia In 2020, Switzerland exported $255M to Estonia. The main products that Switzerland exported to Estonia are Gold ($117M), Packaged Medicaments ($19.2M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). During the last 25 years the exports of Switzerland to Estonia have increased at an annualized rate of 12.6%, from $13M in 1995 to $255M in 2020.

In 2019, Switzerland exported services to Estonia worth $5.37M, with Travel ($5.37M) being the largest in terms of value.

Estonia-Switzerland In 2020, Estonia exported $125M to Switzerland. The main products that Estonia exported to Switzerland were Coal Tar Oil ($40M), Fish Fillets ($6.81M), and Integrated Circuits ($4.5M). During the last 25 years the exports of Estonia to Switzerland have increased at an annualized rate of 11%, from $9.33M in 1995 to $125M in 2020.

In 2020, Estonia exported services to Switzerland worth $211M, with Transportation ($130M), Other business services ($46.3M), and Computer and information services ($23.2M) 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, Estonia ranked 73 in total exports ($16.8B), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Switzerland exported $255M to Estonia. The main products exported from Switzerland to Estonia were Gold ($117M), Packaged Medicaments ($19.2M), and Vaccines, blood, antisera, toxins and cultures ($14.6M). During the last 25 years the exports of Switzerland to Estonia have increased at an annualized rate of 12.6%, from $13M in 1995 to $255M in 2020.

In 2020, Estonia exported $125M to Switzerland. The main products exported from Estonia to Switzerland were Coal Tar Oil ($40M), Fish Fillets ($6.81M), and Integrated Circuits ($4.5M). During the last 25 years the exports of Estonia to Switzerland have increased at an annualized rate of 11%, from $9.33M in 1995 to $125M in 2020.

Switzerland Exports

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Estonia Exports

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Market Competitiveness

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Measure

Switzerland
Top Destination
: United States, $62B

Estonia
Top Destination
: Finland, $2.24B

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

In 2019, countries that imported more from Switzerland than Estonia were United States ($62B), Germany ($49.2B), and China ($17.3B).

In 2019, countries that imported more from Estonia than Switzerland were Finland ($2.24B), Latvia ($1.37B), and Lithuania ($959M).

Comparative Advantage Switzerland - Estonia

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Flow
Scale

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

During 2020, Switzerland had a large net trade with Estonia in the exports of Precious Metals ($119M), Machines ($43.7M), and Chemical Products ($41.6M).

During 2020, Estonia had a large net trade with Switzerland in the exports of Mineral Products ($40.7M), Machines ($28.8M), and Miscellaneous ($12.5M).

Bilateral Service Trade

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In 2019, Switzerland exported services to Estonia worth $5.37M, with Travel ($5.37M) being the largest in terms of value.

In 2020, Estonia exported services to Switzerland worth $211M, with Transportation ($130M), Other business services ($46.3M), and Computer and information services ($23.2M) 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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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Switzerland.