Flag Switzerland / Ireland Flag

2020
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Exports
: $1.6B, Rnk 30 / 217

2020
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Top Product
: $394M, Heterocyclic compounds with nitrogen hetero-atom(s) only

2020
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Exports
: $4.68B, Rnk 10 / 208

2020
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Top Product
: $2.64B, Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc

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

2020
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Economic Complexity (ECI)
: ECI 1.34, Rnk 16 / 127

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

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

2020
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 GDP
: $426B, CURRENT US$
Rnk 27 / 195

2010-2020
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GDP GROWTH
: 92.1%, CURRENT US$
Rnk 19 / 195

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

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

2020
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GDP PC
: $85,268, CURRENT US$
Rnk 5 / 195

2010-2020
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GDP PC GROWTH
: 75.4%, CURRENT US$
Rnk 15 / 195

Switzerland-Ireland In 2020, Switzerland exported $1.6B to Ireland. The main products that Switzerland exported to Ireland are Heterocyclic compounds with nitrogen hetero-atom(s) only ($394M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($182M), and Orthopaedic appliances; including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other which are worn, carried or implanted in the body to compensate for a defect or disability ($141M). During the last 25 years the exports of Switzerland to Ireland have increased at an annualized rate of 7.67%, from $252M in 1995 to $1.6B in 2020.

In 2019, Switzerland exported services to Ireland worth $4.64B, with Royalties and license fees ($3.92B), Financial services ($407M), and Computer and information services ($197M) being the largest in terms of value.

Ireland-Switzerland In 2020, Ireland exported $4.68B to Switzerland . The main products that Ireland exported to Switzerland were Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc ($2.64B), Heterocyclic compounds with nitrogen hetero-atom(s) only ($701M), and Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($349M). During the last 25 years the exports of Ireland to Switzerland have increased at an annualized rate of 7.47%, from $773M in 1995 to $4.68B in 2020.

In 2018, Ireland exported services to Switzerland worth $1.52B, with Other business services ($793M), Financial services ($330M), and Royalties and license fees ($197M) 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, Ireland ranked 16 in the Economic Complexity Index (ECI 1.34), and 26 in total exports ($197B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Switzerland exported $1.6B to Ireland. The main products exported from Switzerland to Ireland were Heterocyclic compounds with nitrogen hetero-atom(s) only ($394M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($182M), and Orthopaedic appliances; including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other which are worn, carried or implanted in the body to compensate for a defect or disability ($141M). During the last 25 years the exports of Switzerland to Ireland have increased at an annualized rate of 7.67%, from $252M in 1995 to $1.6B in 2020.

In 2020, Ireland exported $4.68B to Switzerland. The main products exported from Ireland to Switzerland were Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc ($2.64B), Heterocyclic compounds with nitrogen hetero-atom(s) only ($701M), and Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale ($349M). During the last 25 years the exports of Ireland to Switzerland have increased at an annualized rate of 7.47%, from $773M in 1995 to $4.68B in 2020.

Switzerland Exports

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Ireland Exports

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Market Competitiveness

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Measure

Switzerland
Top Destination
: United States, $62B

Ireland
Top Destination
: United States, $57.4B

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 2019, countries that imported more from Switzerland than Ireland were Germany ($49.2B), India ($12B), and France ($16.3B).

In 2019, countries that imported more from Ireland than Switzerland were Belgium ($16.2B), Netherlands ($10.1B), and United Kingdom ($17.5B).

Comparative Advantage Switzerland - Ireland

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Flow

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

During 2020, Switzerland had a large net trade with Ireland in the exports of Chemical Products ($841M), Instruments ($361M), and Machines ($158M).

During 2020, Ireland had a large net trade with Switzerland in the exports of Chemical Products ($4.18B), Machines ($216M), and Animal Products ($94.6M).

Bilateral Service Trade

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In 2019, Switzerland exported services to Ireland worth $4.64B, with Royalties and license fees ($3.92B), Financial services ($407M), and Computer and information services ($197M) being the largest in terms of value.

In 2018, Ireland exported services to Switzerland worth $1.52B, with Other business services ($793M), Financial services ($330M), and Royalties and license fees ($197M) 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 Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Switzerland.