Flag Switzerland / United Kingdom Flag

2021
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Exports
: $13.5B, Rnk 7 / 216

2021
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Top Product
: $4.5B, Gold

2021
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Exports
: $25.7B, Rnk 5 / 222

2021
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Top Product
: $19.3B, Gold

2021
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Economic Complexity (ECI)
: ECI 1.94, Rnk 2 / 131

2021
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Economic Complexity (ECI)
: ECI 1.43, Rnk 11 / 131

2021
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GDP
: $813B, CURRENT US$
Rnk 20 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 120 / 182

2021
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 GDP
: $3.19T, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP GROWTH
: 19.1%, CURRENT US$
Rnk 110 / 182

2021
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GDP PC 
: $93,457, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP PC GROWTH
: 2.41%, CURRENT US$
Rnk 120 / 182

2021
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GDP PC
: $47,334, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP PC GROWTH
: 11.9%, CURRENT US$
Rnk 98 / 182

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

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Bilateral Trade by Products

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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.

Switzerland Exports

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United Kingdom Exports

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Market Competitiveness

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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).

Comparative Advantage Switzerland - United Kingdom

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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).

Bilateral Service Trade

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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.

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