Flag Germany / Switzerland Flag

2020
FlagFlag
Exports
: $62.7B, Rnk 9 / 220

2020
FlagFlag
Top Product
: $6.34B, Packaged Medicaments

2020
FlagFlag
Exports
: $49.2B, Rnk 2 / 217

2020
FlagFlag
Top Product
: $5.95B, Vaccines, blood, antisera, toxins and cultures

2020
Flag
Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 1.99, Rnk 2 / 127

2020
Flag  
GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
Flag
GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
Flag
 GDP
: $752B, CURRENT US$
Rnk 18 / 195

2010-2020
Flag
GDP GROWTH
: 24.7%, CURRENT US$
Rnk 107 / 195

2020
Flag
GDP PC 
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
Flag
GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

2020
Flag
GDP PC
: $87,097, CURRENT US$
Rnk 4 / 195

2010-2020
Flag
GDP PC GROWTH
: 12.9%, CURRENT US$
Rnk 105 / 195

Germany-Switzerland In 2020, Germany exported $62.7B to Switzerland. The main products that Germany exported to Switzerland are Packaged Medicaments ($6.34B), Cars ($3.77B), and Gold ($3.35B). During the last 25 years the exports of Germany to Switzerland have increased at an annualized rate of 3.41%, from $27.1B in 1995 to $62.7B in 2020.

In 2020, Germany exported services to Switzerland worth $21.5B, with Other business services ($9.35B), Royalties and license fees ($3.22B), and Transportation ($3.08B) being the largest in terms of value.

Switzerland-Germany In 2020, Switzerland exported $49.2B to Germany. The main products that Switzerland exported to Germany were Vaccines, blood, antisera, toxins and cultures ($5.95B), Packaged Medicaments ($5.19B), and Gold ($4.99B). During the last 25 years the exports of Switzerland to Germany have increased at an annualized rate of 3.7%, from $19.8B in 1995 to $49.2B in 2020.

In 2019, Switzerland exported services to Germany worth $11.4B, with Travel ($2.85B), Transportation ($2.67B), and Computer and information services ($1.86B) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.99), and 15 in total exports ($305B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Germany exported $62.7B to Switzerland. The main products exported from Germany to Switzerland were Packaged Medicaments ($6.34B), Cars ($3.77B), and Gold ($3.35B). During the last 25 years the exports of Germany to Switzerland have increased at an annualized rate of 3.41%, from $27.1B in 1995 to $62.7B in 2020.

In 2020, Switzerland exported $49.2B to Germany. The main products exported from Switzerland to Germany were Vaccines, blood, antisera, toxins and cultures ($5.95B), Packaged Medicaments ($5.19B), and Gold ($4.99B). During the last 25 years the exports of Switzerland to Germany have increased at an annualized rate of 3.7%, from $19.8B in 1995 to $49.2B in 2020.

Market Competitiveness

#permalink to section
Measure

Germany
Top Destination
: United States, $116B

Switzerland
Top Destination
: United States, $62B

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

In 2019, countries that imported more from Germany than Switzerland were China ($106B), France ($101B), and Netherlands ($84.8B).

In 2019, countries that imported more from Switzerland than Germany were Cambodia ($461M), Bahrain ($246M), and Hong Kong ($6.38B).

Comparative Advantage Germany - Switzerland

#permalink to section
Flow

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

During 2020, Germany had a large net trade with Switzerland in the exports of Chemical Products ($13.7B), Machines ($11.6B), and Transportation ($6.87B).

During 2020, Switzerland had a large net trade with Germany in the exports of Chemical Products ($17.9B), Machines ($8.17B), and Precious Metals ($5.71B).

Bilateral Service Trade

#permalink to section

In 2020, Germany exported services to Switzerland worth $21.5B, with Other business services ($9.35B), Royalties and license fees ($3.22B), and Transportation ($3.08B) being the largest in terms of value.

In 2019, Switzerland exported services to Germany worth $11.4B, with Travel ($2.85B), Transportation ($2.67B), and Computer and information services ($1.86B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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