2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
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GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186
2022
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GDP PC
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Switzerland-Ireland In 2022, Switzerland exported $2.08B to Ireland. The main products that Switzerland exported to Ireland are Nitrogen Heterocyclic Compounds ($388M), Planes, Helicopters, and/or Spacecraft ($295M), and Orthopedic Appliances ($223M). During the last 27 years the exports of Switzerland to Ireland have increased at an annualized rate of 8.11%, from $253M in 1995 to $2.08B in 2022.

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 In 2022, Ireland exported $4.12B to Switzerland. The main products that Ireland exported to Switzerland were Vaccines, blood, antisera, toxins and cultures ($2.5B), Packaged Medicaments ($318M), and Nitrogen Heterocyclic Compounds ($230M). During the last 27 years the exports of Ireland to Switzerland have increased at an annualized rate of 6.41%, from $770M in 1995 to $4.12B in 2022.

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 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $2.08B to Ireland. The main products exported from Switzerland to Ireland were Nitrogen Heterocyclic Compounds ($388M), Planes, Helicopters, and/or Spacecraft ($295M), and Orthopedic Appliances ($223M). During the last 27 years the exports of Switzerland to Ireland have increased at an annualized rate of 8.11%, from $253M in 1995 to $2.08B in 2022.

In 2022, Ireland exported $4.12B to Switzerland. The main products exported from Ireland to Switzerland were Vaccines, blood, antisera, toxins and cultures ($2.5B), Packaged Medicaments ($318M), and Nitrogen Heterocyclic Compounds ($230M). During the last 27 years the exports of Ireland to Switzerland have increased at an annualized rate of 6.41%, from $770M in 1995 to $4.12B in 2022.

Exports from Switzerland (Flag) to Ireland (Flag) (2022)

Exports from Ireland (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Ireland (Flag)

Switzerland Exports

Ireland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Ireland
Top Destination
United States$70.7B

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

In 2021, countries that imported more from Switzerland than Ireland were China ($44.1B), Germany ($53.5B), and Italy ($22.8B).

In 2021, countries that imported more from Ireland than Switzerland were Belgium ($17B), United States ($70.7B), and Netherlands ($12.6B).

Difference in imports from Ireland (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Ireland

Flow
Scale

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

During 2022, Switzerland had a large net trade with Ireland in the exports of Chemical Products ($876M), Instruments ($513M), and Transportation ($308M).

During 2022, Ireland had a large net trade with Switzerland in the exports of Chemical Products ($3.35B), Instruments ($300M), and Machines ($262M).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Ireland (Flag) (2019)

Services Exports from Ireland (Flag) to Switzerland (Flag) (2020)

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

Product Space of Switzerland (Flag) and Ireland (Flag) (2022)

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