Switzerland / Singapore

Switzerland-Singapore Trade: In 2023, Switzerland exported $8B to Singapore. The main products that Switzerland exported to Singapore were Gold ($2.93B), Precious Metal Watches ($1.35B), and Nitrogen Heterocyclic Compounds ($1.01B). Over the past 5 years the exports of Switzerland to Singapore have decreased at an annualized rate of 2.06%, from $8.87B in 2018 to $8B in 2023.

In 2019, Switzerland exported services to Singapore worth $1.94B, with Transportation ($584M), Royalties and license fees ($460M), and Financial services ($354M) being the largest in terms of value.

Singapore-Switzerland Trade: In 2023, Singapore exported $3.93B to Switzerland. The main products that Singapore exported to Switzerland were Packaged Medicaments ($1.87B), Vaccines, blood, antisera, toxins and cultures ($773M), and Gold ($613M). Over the past 5 years the exports of Singapore to Switzerland have increased at an annualized rate of 7.23%,  from $2.77B in 2018 to $3.93B in 2023.

In 2023, Singapore did not export any services to Switzerland.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).