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2022
Flag → Flag
Exports $889MRnk 42 / 219
2022
Flag → Flag
Top Product $589MPetroleum Gas
2022
Flag → Flag
Exports $168MRnk 43 / 191
2022
Flag → Flag
Top Product $24.3MSeed Oils
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Switzerland-Ukraine Trade: In 2022, Switzerland exported $889M to Ukraine. The main products that Switzerland exported to Ukraine were Petroleum Gas ($589M), Packaged Medicaments ($57.4M), and Gold ($25.1M). Over the past 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.6B in 2017 to $889M in 2022.

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

Ukraine-Switzerland Trade: In 2022, Ukraine exported $168M to Switzerland. The main products that Ukraine exported to Switzerland were Seed Oils ($24.3M), Wheat ($10.8M), and Corn ($10.4M). Over the past 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 12.7%,  from $332M in 2017 to $168M in 2022.

In 2020, Ukraine exported services to Switzerland worth $556M, with Transportation ($293M), Other business services ($165M), and Computer and information services ($62.7M) 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $889M to Ukraine. The main products exported from Switzerland to Ukraine were Petroleum Gas ($589M), Packaged Medicaments ($57.4M), and Gold ($25.1M). During the last 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.6B in 2017 to $889M in 2022.

In 2017, Ukraine exported $168M to Switzerland. The main products exported from Ukraine to Switzerland were Seed Oils ($24.3M), Wheat ($10.8M), and Corn ($10.4M). During the last 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 12.7%, from $332M in 2022 to $168M in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Ukraine (Flag)

Switzerland Exports

Ukraine Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Switzerland than Ukraine included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Ukraine than Switzerland included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

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

Comparative Advantage Switzerland - Ukraine

Flow
Scale

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

During 2022, Switzerland had a large net trade with Ukraine in the exports of Mineral Products ($600M), Chemical Products ($102M), and Instruments ($37.4M).

During 2017, Ukraine had a large net trade with Switzerland in the exports of Vegetable Products ($32.1M), Animal and Vegetable Bi-Products ($24.9M), and Textiles ($22.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Ukraine+$56.4MPackaged Medicaments
Top Product Potential Ukraine Switzerland+$11.2MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Ukraine exported services to Switzerland worth $556M, with Transportation ($293M), Other business services ($165M), and Computer and information services ($62.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Switzerland and Ukraine. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Switzerland.

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

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