2022
Flag  
GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
Flag
 GDP
$25.5TCURRENT US$
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2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
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2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
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2022
Flag
GDP PC
$76,399CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
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About

Switzerland-United States Trade: In 2022, Switzerland exported $35.2B to United States. The main products that Switzerland exported to United States were Vaccines, blood, antisera, toxins and cultures ($14.2B), Packaged Medicaments ($13.7B), and Gold ($8.17B). Over the past 5 years the exports of Switzerland to United States have increased at an annualized rate of 36.9%, from $7.32B in 2017 to $35.2B in 2022.

In 2019, Switzerland exported services to United States worth $14.4B, with Royalties and license fees ($7.43B), Insurance services ($1.94B), and Computer and information services ($1.49B) being the largest in terms of value.

United States-Switzerland Trade: In 2022, United States exported $21B to Switzerland. The main products that United States exported to Switzerland were Gold ($21.3B), Vaccines, blood, antisera, toxins and cultures ($3.62B), and Jewellery ($1.18B). Over the past 5 years the exports of United States to Switzerland have increased at an annualized rate of 25.5%,  from $6.72B in 2017 to $21B in 2022.

In 2017, United States exported services to Switzerland worth $40.8B, with Other business services ($17.5B), Royalties and license fees ($13.7B), and Financial services ($3.04B) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $35.2B to United States. The main products exported from Switzerland to United States were Vaccines, blood, antisera, toxins and cultures ($14.2B), Packaged Medicaments ($13.7B), and Gold ($8.17B). During the last 5 years the exports of Switzerland to United States have increased at an annualized rate of 36.9%, from $7.32B in 2017 to $35.2B in 2022.

In 2017, United States exported $21B to Switzerland. The main products exported from United States to Switzerland were Gold ($21.3B), Vaccines, blood, antisera, toxins and cultures ($3.62B), and Jewellery ($1.18B). During the last 22 years the exports of United States to Switzerland have increased at an annualized rate of 25.5%, from $6.72B in 1995 to $21B in 2017.

Exports from Switzerland (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and United States (Flag)

Switzerland Exports

United States Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Switzerland than United States included Slovenia ($11.7B), Austria ($10.8B), and Russia ($3.12B).

In 2022, countries that imported more from United States than Switzerland included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - United States

Flow
Scale

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

During 2022, Switzerland had a large net trade with United States in the exports of Chemical Products ($31.1B), Precious Metals ($11.7B), and Instruments ($8.38B).

During 2017, United States had a large net trade with Switzerland in the exports of Precious Metals ($24B), Chemical Products ($5.8B), and Instruments ($2.13B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland United States+$636MVaccines, blood, antisera, toxins and cultures
Top Product Potential United States Switzerland+$281MPackaged 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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Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and United States (Flag) (2022)

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