Switzerland / Russia

Switzerland-Russia Trade: In 2022, Switzerland exported $3.12B to Russia. The main products that Switzerland exported to Russia were Packaged Medicaments ($1.05B), Vaccines, blood, antisera, toxins and cultures ($948M), and Nitrogen Heterocyclic Compounds ($167M). Over the past 5 years the exports of Switzerland to Russia have increased at an annualized rate of 6.62%, from $2.27B in 2017 to $3.12B in 2022.

In 2019, Switzerland exported services to Russia worth $2.26B, with Transportation ($1.27B), Royalties and license fees ($360M), and Financial services ($301M) being the largest in terms of value.

Russia-Switzerland Trade: In 2022, Russia exported $3.96B to Switzerland. The main products that Russia exported to Switzerland were Gold ($3.71B), Platinum ($72.6M), and Petroleum Gas ($14.3M). Over the past 5 years the exports of Russia to Switzerland have increased at an annualized rate of 1.7%,  from $3.52B in 2017 to $3.96B in 2022.

In 2020, Russia exported services to Switzerland worth $3.64B, with Transportation ($1.65B), Other business services ($929M), and Construction services ($403M) being the largest in terms of value.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).