Switzerland (CHE) and Mexico (MEX) Trade | The Observatory of Economic Complexity

About

Switzerland-Mexico In 2022, Switzerland exported $1.65B to Mexico. The main products that Switzerland exported to Mexico are Packaged Medicaments ($256M), Vaccines, blood, antisera, toxins and cultures ($245M), and Base Metal Watches ($176M). During the last 27 years the exports of Switzerland to Mexico have increased at an annualized rate of 5.5%, from $389M in 1995 to $1.65B in 2022.

In 2019, Switzerland exported services to Mexico worth $33.8M, with Travel ($33.8M) being the largest in terms of value.

Mexico-Switzerland In 2022, Mexico exported $2.3B to Switzerland. The main products that Mexico exported to Switzerland were Gold ($1.43B), Cars ($247M), and Silver ($108M). During the last 27 years the exports of Mexico to Switzerland have increased at an annualized rate of 5.3%, from $570M in 1995 to $2.3B in 2022.

In 2022, Mexico did not export any services to Switzerland.

Comparison In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Switzerland exported $1.65B to Mexico. The main products exported from Switzerland to Mexico were Packaged Medicaments ($256M), Vaccines, blood, antisera, toxins and cultures ($245M), and Base Metal Watches ($176M). During the last 27 years the exports of Switzerland to Mexico have increased at an annualized rate of 5.5%, from $389M in 1995 to $1.65B in 2022.

In 2022, Mexico exported $2.3B to Switzerland. The main products exported from Mexico to Switzerland were Gold ($1.43B), Cars ($247M), and Silver ($108M). During the last 27 years the exports of Mexico to Switzerland have increased at an annualized rate of 5.3%, from $570M in 1995 to $2.3B in 2022.

Exports from Switzerland () to Mexico () (2022)

Exports from Mexico () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Mexico ()

Switzerland Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Mexico
Top DestinationUnited States$421B

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

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

In 2021, countries that imported more from Mexico than Switzerland were United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

Difference in imports from Mexico () and Switzerland () (2022)

Comparative Advantage Switzerland - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Mexico in the exports of Chemical Products ($691M), Machines ($384M), and Instruments ($321M).

During 2022, Mexico had a large net trade with Switzerland in the exports of Precious Metals ($1.55B), Transportation ($261M), and Instruments ($167M).

Service Trade

Bilateral Service Trade

Che Year

In 2019, Switzerland exported services to Mexico worth $33.8M, with Travel ($33.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland () to Mexico () (2019)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Mexico () (2022)

Exports from Mexico () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Mexico ()

Switzerland Exports

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Switzerland () (2022)

Comparative Advantage Switzerland - Mexico

Service Trade

Bilateral Service Trade

Services Exports from Switzerland () to Mexico () (2019)

Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Mexico () (2022)

Keep Exploring