Switzerland / Ireland

Switzerland-Ireland Trade: In 2023, Switzerland exported $5.71B to Ireland. The main products that Switzerland exported to Ireland were Nitrogen Heterocyclic Compounds ($3.6B), Nucleic Acids ($380M), and Vaccines, blood, antisera, toxins and cultures ($322M). Over the past 5 years the exports of Switzerland to Ireland have increased at an annualized rate of 38.7%, from $1.11B in 2018 to $5.71B in 2023.

In 2019, Switzerland exported services to Ireland worth $5.17B, with Royalties and license fees ($4.36B), Financial services ($453M), and Computer and information services ($220M) being the largest in terms of value.

Ireland-Switzerland Trade: In 2023, Ireland exported $5.32B to Switzerland. The main products that Ireland exported to Switzerland were Vaccines, blood, antisera, toxins and cultures ($3.19B), Nitrogen Heterocyclic Compounds ($746M), and Packaged Medicaments ($391M). Over the past 5 years the exports of Ireland to Switzerland have decreased at an annualized rate of 9.32%,  from $8.67B in 2018 to $5.32B in 2023.

In 2020, Ireland exported services to Switzerland worth $2.52B, with Other business services ($1.77B), Financial services ($346M), and Insurance services ($183M) 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).