Switzerland / Turkey

Switzerland-Turkey Trade: In 2022, Switzerland exported $13.2B to Turkey. The main products that Switzerland exported to Turkey were Gold ($11.1B), Vaccines, blood, antisera, toxins and cultures ($273M), and Packaged Medicaments ($206M). Over the past 5 years the exports of Switzerland to Turkey have increased at an annualized rate of 16.2%, from $6.26B in 2017 to $13.2B in 2022.

In 2019, Switzerland exported services to Turkey worth $496M, with Financial services ($212M), Royalties and license fees ($124M), and Travel ($75M) being the largest in terms of value.

Turkey-Switzerland Trade: In 2022, Turkey exported $1.69B to Switzerland. The main products that Turkey exported to Switzerland were Gold ($118M), Cars ($77M), and Non-Knit Men's Suits ($68M). Over the past 5 years the exports of Turkey to Switzerland have increased at an annualized rate of 6.53%,  from $1.23B in 2017 to $1.69B in 2022.

In 2009, Turkey exported services to Switzerland worth $218M, with Travel ($198M), Other business services ($11.4M), and Insurance services ($8.26M) 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).