2021
Flag  
GDP
$801BCURRENT US$
Rnk 20 / 204
2011-2021
Flag
GDP GROWTH
11.8%CURRENT US$
Rnk 136 / 204
2021
Flag
 GDP
$3.12TCURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP GROWTH
17.1%CURRENT US$
Rnk 124 / 204
2021
Flag
GDP PC 
$91,992CURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP PC GROWTH
1.67%CURRENT US$
Rnk 140 / 204
2021
Flag
GDP PC
$46,586CURRENT US$
Rnk 29 / 204
2011-2021
Flag
GDP PC GROWTH
10.5%CURRENT US$
Rnk 114 / 204

About

Switzerland-United Kingdom In 2021, Switzerland exported $13.5B to United Kingdom. The main products that Switzerland exported to United Kingdom are Gold ($4.5B), Vaccines, blood, antisera, toxins and cultures ($1.32B), and Packaged Medicaments ($976M). During the last 26 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 3.84%, from $5.05B in 1995 to $13.5B in 2021.

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) being the largest in terms of value.

United Kingdom-Switzerland In 2021, United Kingdom exported $25.7B to Switzerland. The main products that United Kingdom exported to Switzerland were Gold ($19.3B), Packaged Medicaments ($664M), and Platinum ($640M). During the last 26 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 6.94%, from $4.49B in 1995 to $25.7B in 2021.

In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

Comparison In 2021,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.94), and 17 in total exports ($371B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.43), and 13 in total exports ($420B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Switzerland exported $13.5B to United Kingdom. The main products exported from Switzerland to United Kingdom were Gold ($4.5B), Vaccines, blood, antisera, toxins and cultures ($1.32B), and Packaged Medicaments ($976M). During the last 26 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 3.84%, from $5.05B in 1995 to $13.5B in 2021.

In 2021, United Kingdom exported $25.7B to Switzerland. The main products exported from United Kingdom to Switzerland were Gold ($19.3B), Packaged Medicaments ($664M), and Platinum ($640M). During the last 26 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 6.94%, from $4.49B in 1995 to $25.7B in 2021.

Exports from Switzerland (Flag) to United Kingdom (Flag) (2021)

Exports from United Kingdom (Flag) to Switzerland (Flag) (2021)

Latest Data

Trade between Switzerland (Flag) and United Kingdom (Flag)

Switzerland Exports

United Kingdom Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$55.2B
United Kingdom
Top Destination
United States$56.1B

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

In 2021, countries that imported more from Switzerland than United Kingdom were India ($31.8B), Germany ($55.2B), and China ($33.1B).

In 2021, countries that imported more from United Kingdom than Switzerland were Netherlands ($34.6B), Ireland ($28.4B), and Belgium ($18.3B).

Difference in imports from United Kingdom (Flag) and Switzerland (Flag) (2021)

Comparative Advantage Switzerland - United Kingdom

Flow
Scale

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

During 2021, Switzerland had a large net trade with United Kingdom in the exports of Precious Metals ($5.64B), Chemical Products ($2.99B), and Instruments ($1.93B).

During 2021, United Kingdom had a large net trade with Switzerland in the exports of Precious Metals ($20.7B), Chemical Products ($1.57B), and Machines ($883M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) being the largest in terms of value.

In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to United Kingdom (Flag) (2019)

Services Exports from United Kingdom (Flag) to Switzerland (Flag) (2019)

Economic Complexity

Competitive Landscape

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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and United Kingdom (Flag) (2021)

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