2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Switzerland-Sweden In 2022, Switzerland exported $1.78B to Sweden. The main products that Switzerland exported to Sweden are Nitrogen Heterocyclic Compounds ($165M), Vaccines, blood, antisera, toxins and cultures ($162M), and Packaged Medicaments ($138M). During the last 27 years the exports of Switzerland to Sweden have increased at an annualized rate of 1.27%, from $1.27B in 1995 to $1.78B in 2022.

In 2019, Switzerland exported services to Sweden worth $735M, with Royalties and license fees ($246M), Transportation ($189M), and Computer and information services ($151M) being the largest in terms of value.

Sweden-Switzerland In 2022, Sweden exported $1.63B to Switzerland. The main products that Sweden exported to Switzerland were Cars ($144M), Packaged Medicaments ($70.4M), and Gold ($67.6M). During the last 27 years the exports of Sweden to Switzerland have increased at an annualized rate of 0.01%, from $1.62B in 1995 to $1.63B in 2022.

In 2020, Sweden exported services to Switzerland worth $3.94B, with Other business services ($2.36B), Transportation ($722M), and Computer and information services ($263M) being the largest in terms of value.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $1.78B to Sweden. The main products exported from Switzerland to Sweden were Nitrogen Heterocyclic Compounds ($165M), Vaccines, blood, antisera, toxins and cultures ($162M), and Packaged Medicaments ($138M). During the last 27 years the exports of Switzerland to Sweden have increased at an annualized rate of 1.27%, from $1.27B in 1995 to $1.78B in 2022.

In 2022, Sweden exported $1.63B to Switzerland. The main products exported from Sweden to Switzerland were Cars ($144M), Packaged Medicaments ($70.4M), and Gold ($67.6M). During the last 27 years the exports of Sweden to Switzerland have increased at an annualized rate of 0.01%, from $1.62B in 1995 to $1.63B in 2022.

Exports from Switzerland (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Sweden (Flag)

Switzerland Exports

Sweden Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Sweden
Top Destination
Germany$19.2B

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

In 2021, countries that imported more from Switzerland than Sweden were United States ($61.7B), China ($44.1B), and Germany ($53.5B).

In 2021, countries that imported more from Sweden than Switzerland were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

Difference in imports from Sweden (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Sweden

Flow
Scale

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

During 2022, Switzerland had a large net trade with Sweden in the exports of Chemical Products ($676M), Machines ($399M), and Instruments ($218M).

During 2022, Sweden had a large net trade with Switzerland in the exports of Machines ($398M), Transportation ($251M), and Precious Metals ($164M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to Sweden worth $735M, with Royalties and license fees ($246M), Transportation ($189M), and Computer and information services ($151M) being the largest in terms of value.

In 2020, Sweden exported services to Switzerland worth $3.94B, with Other business services ($2.36B), Transportation ($722M), and Computer and information services ($263M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Sweden (Flag) (2019)

Services Exports from Sweden (Flag) to Switzerland (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Sweden (Flag) (2022)

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