2023
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GDP
$885BCURRENT US$
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25.3%CURRENT US$
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$4.2TCURRENT US$
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-19.3%CURRENT US$
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GDP PC 
$99,565CURRENT US$
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14%CURRENT US$
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$33,767CURRENT US$
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-17.4%CURRENT US$
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About

Switzerland-Japan Trade: In 2023, Switzerland exported $7.89B to Japan. The main products that Switzerland exported to Japan were Vaccines, blood, antisera, toxins and cultures ($1.72B), Packaged Medicaments ($1.48B), and Base Metal Watches ($1.16B). Over the past 5 years the exports of Switzerland to Japan have increased at an annualized rate of 0.81%, from $7.58B in 2018 to $7.89B in 2023.

In 2019, Switzerland exported services to Japan worth $1.86B, with Royalties and license fees ($902M), Insurance services ($324M), and Travel ($252M) being the largest in terms of value.

Japan-Switzerland Trade: In 2023, Japan exported $7.56B to Switzerland. The main products that Japan exported to Switzerland were Gold ($2.21B), Vaccines, blood, antisera, toxins and cultures ($1.43B), and Cars ($662M). Over the past 5 years the exports of Japan to Switzerland have increased at an annualized rate of 11.4%,  from $4.4B in 2018 to $7.56B in 2023.

In 2009, Japan exported services to Switzerland worth $3.83B, with Services not allocated ($1.91B), Other business services ($926M), and Transportation ($480M) 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Switzerland exported $7.89B to Japan. The main products exported from Switzerland to Japan were Vaccines, blood, antisera, toxins and cultures ($1.72B), Packaged Medicaments ($1.48B), and Base Metal Watches ($1.16B). During the last 5 years the exports of Switzerland to Japan have increased at an annualized rate of 0.81%, from $7.58B in 2018 to $7.89B in 2023.

In 2018, Japan exported $7.56B to Switzerland. The main products exported from Japan to Switzerland were Gold ($2.21B), Vaccines, blood, antisera, toxins and cultures ($1.43B), and Cars ($662M). During the last 5 years the exports of Japan to Switzerland have increased at an annualized rate of 11.4%, from $4.4B in 2023 to $7.56B in 2018.

Exports from Switzerland (Flag) to Japan (Flag) (2023)

Exports from Japan (Flag) to Switzerland (Flag) (2023)

Latest Data

Trade between Switzerland (Flag) and Japan (Flag)

Switzerland Exports

Japan Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Japan
Top Destination
United States$143B

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

In 2023, countries that imported more from Switzerland than Japan included Germany ($53.8B), Turkey ($19.3B), and Italy ($19.4B).

In 2023, countries that imported more from Japan than Switzerland included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan (Flag) and Switzerland (Flag) (2023)

Comparative Advantage Switzerland - Japan

Flow
Scale

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

During 2023, Switzerland had a large net trade with Japan in the exports of Chemical Products ($3.6B), Instruments ($2.75B), and Machines ($632M).

During 2018, Japan had a large net trade with Switzerland in the exports of Precious Metals ($2.95B), Chemical Products ($2.23B), and Transportation ($820M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Japan+$111MPackaged Medicaments
Top Product Potential Japan Switzerland+$230MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Switzerland and Japan. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Japan (Flag) (2023)

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