Switzerland (CHE) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

About

Switzerland-Ukraine Trade: In 2023, Switzerland exported $913M to Ukraine. The main products that Switzerland exported to Ukraine were Petroleum Gas ($450M), Gold ($77.3M), and Packaged Medicaments ($52.6M). Over the past 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.64B in 2018 to $913M in 2023.

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

Ukraine-Switzerland Trade: In 2023, Ukraine exported $170M to Switzerland. The main products that Ukraine exported to Switzerland were Rapeseed ($17M), Seed Oils ($7.78M), and Knit Women's Suits ($6.35M). Over the past 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 4.63%, from $215M in 2018 to $170M in 2023.

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 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Switzerland exported $913M to Ukraine. The main products exported from Switzerland to Ukraine were Petroleum Gas ($450M), Gold ($77.3M), and Packaged Medicaments ($52.6M). During the last 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.64B in 2018 to $913M in 2023.

In 2018, Ukraine exported $170M to Switzerland. The main products exported from Ukraine to Switzerland were Rapeseed ($17M), Seed Oils ($7.78M), and Knit Women's Suits ($6.35M). During the last 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 4.63%, from $215M in 2023 to $170M in 2018.

Exports from Switzerland () to Ukraine () (2023)

Exports from Ukraine () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Ukraine ()

Switzerland Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Ukraine
Top DestinationPoland$4.83B

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 2023, countries that imported more from Switzerland than Ukraine included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Ukraine than Switzerland included Romania ($3.56B), Poland ($4.83B), and Moldova ($1.13B).

Difference in imports from Ukraine () and Switzerland () (2023)

Comparative Advantage Switzerland - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Ukraine in the exports of Mineral Products ($453M), Chemical Products ($133M), and Precious Metals ($82.8M).

During 2018, Ukraine had a large net trade with Switzerland in the exports of Vegetable Products ($34.2M), Textiles ($31M), and Chemical Products ($17.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

Ukr Year

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 () to Switzerland () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Ukraine () (2023)

Exports from Ukraine () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Ukraine ()

Switzerland Exports

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Switzerland () (2023)

Comparative Advantage Switzerland - Ukraine

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Ukraine () (2023)

Keep Exploring