Flag Switzerland / United Kingdom Flag

2020
FlagFlag
Exports
: $14.5B, Rnk 5 / 217

2020
FlagFlag
Top Product
: $6.53B, Gold

2020
FlagFlag
Exports
: $13.3B, Rnk 7 / 221

2020
FlagFlag
Top Product
: $6.84B, Gold

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

2020
Flag
Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

2020
Flag  
GDP
: $752B, CURRENT US$
Rnk 18 / 195

2010-2020
Flag
GDP GROWTH
: 24.7%, CURRENT US$
Rnk 107 / 195

2020
Flag
 GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
Flag
GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

2020
Flag
GDP PC 
: $87,097, CURRENT US$
Rnk 4 / 195

2010-2020
Flag
GDP PC GROWTH
: 12.9%, CURRENT US$
Rnk 105 / 195

2020
Flag
GDP PC
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
Flag
GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 195

Switzerland-United Kingdom In 2020, Switzerland exported $14.5B to United Kingdom. The main products that Switzerland exported to United Kingdom are Gold ($6.53B), Packaged Medicaments ($1.06B), and Vaccines, blood, antisera, toxins and cultures ($975M). During the last 25 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 4.31%, from $5.05B in 1995 to $14.5B in 2020.

In 2019, Switzerland exported services to United Kingdom worth $9.35B, with Royalties and license fees ($3.04B), Transportation ($2.48B), and Financial services ($1.51B) being the largest in terms of value.

United Kingdom-Switzerland In 2020, United Kingdom exported $13.3B to Switzerland . The main products that United Kingdom exported to Switzerland were Gold ($6.84B), Jewellery ($690M), and Packaged Medicaments ($615M). During the last 25 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 4.44%, from $4.48B in 1995 to $13.3B in 2020.

In 2019, United Kingdom exported services to Switzerland worth $6.02B, with Financial services ($2.27B), Transportation ($1.27B), and Travel ($1.03B) 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, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Switzerland exported $14.5B to United Kingdom. The main products exported from Switzerland to United Kingdom were Gold ($6.53B), Packaged Medicaments ($1.06B), and Vaccines, blood, antisera, toxins and cultures ($975M). During the last 25 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 4.31%, from $5.05B in 1995 to $14.5B in 2020.

In 2020, United Kingdom exported $13.3B to Switzerland. The main products exported from United Kingdom to Switzerland were Gold ($6.84B), Jewellery ($690M), and Packaged Medicaments ($615M). During the last 25 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 4.44%, from $4.48B in 1995 to $13.3B in 2020.

Switzerland Exports

#permalink to section

United Kingdom Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Switzerland
Top Destination
: United States, $62B

United Kingdom
Top Destination
: United States, $51.7B

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 2019, countries that imported more from Switzerland than United Kingdom were United States ($62B), Germany ($49.2B), and India ($12B).

In 2019, countries that imported more from United Kingdom than Switzerland were Ireland ($26.8B), Netherlands ($25.1B), and Belgium ($13B).

Comparative Advantage Switzerland - United Kingdom

#permalink to section
Flow

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

During 2020, Switzerland had a large net trade with United Kingdom in the exports of Precious Metals ($7.64B), Chemical Products ($2.67B), and Instruments ($1.41B).

During 2020, United Kingdom had a large net trade with Switzerland in the exports of Precious Metals ($8.28B), Chemical Products ($1.69B), and Transportation ($893M).

Bilateral Service Trade

#permalink to section

In 2019, Switzerland exported services to United Kingdom worth $9.35B, with Royalties and license fees ($3.04B), Transportation ($2.48B), and Financial services ($1.51B) being the largest in terms of value.

In 2019, United Kingdom exported services to Switzerland worth $6.02B, with Financial services ($2.27B), Transportation ($1.27B), and Travel ($1.03B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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.