Germany (DEU) and Switzerland (CHE) Trade | OEC - The Observatory of Economic Complexity

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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).

Latest Trends

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December, 2022

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Overview In December 2022, Germany exported €5.71B and imported €4.53B from Switzerland, resulting in a positive trade balance of €1.19B. Between December 2021 and December 2022 the exports of Germany have increased by €768M (15.5%) from €4.94B to €5.71B, while imports increased by €626M (16.1%) from €3.9B to €4.53B.

Trade In December 2022, the top exports of Germany to Switzerland were Pharmaceutical products (€675M), Other semi-finished products (€374M), Motor cars and motor caravans (€281M), Mineral oil products (€194M), and Articles of plastic (€173M). In December 2022 the top imports of Germany from Switzerland were Pharmaceutical products (€868M), Gold for industrial purposes (€287M), Basic pharmaceutical products (€274M), Machinery for electricity production, distribution (€192M), and Returned goods (€162M).

Origins In December 2022 the exports of Germany were mainly from Baden-Württemberg (€2.04B), Bavaria (€516M), North Rhine-Westphalia (€507M), Hesse (€234M), and Lower Saxony (€205M), while imports destinations were mainly Baden-Württemberg (€1.61B), North Rhine-Westphalia (€578M), Hesse (€571M), and Bavaria (€403M).

Growth In December 2022, the increase in Germany's year-by-year exports to Switzerland was explained primarily by an increase in product exports in Other semi-finished products (€210M or 128%), Mineral oil products (€79M or 68.9%), and Motor cars and motor caravans (€49.4M or 21.4%). In December 2022, the increase in Germany's year-by-year imports from Switzerland was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (December 2021 - December 2022): €768M, (15.5%)

IMPORT GROWTH (December 2021 - December 2022): €626M, (16.1%)

MAIN EXPORTER (December 2022): Baden-Württemberg, €2.04B

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Switzerland and Germany trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

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

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Measure

SectionYear

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

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Flow

Scale

Year

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).

Service Trade

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Bilateral Service Trade

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Che YearDeu Year

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

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Competitive Landscape

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Year

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.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Germany - Switzerland

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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