2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$99,565CURRENT US$
Rnk 5 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195

About

Germany-Switzerland Trade: In 2023, Germany exported $66.2B to Switzerland. The main products that Germany exported to Switzerland were Packaged Medicaments ($6.36B), Cars ($5.23B), and Vaccines, blood, antisera, toxins and cultures ($3.82B). Over the past 5 years the exports of Germany to Switzerland have increased at an annualized rate of 2.69%, from $57.9B in 2018 to $66.2B in 2023.

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 Trade: In 2023, Switzerland exported $53.8B to Germany. The main products that Switzerland exported to Germany were Vaccines, blood, antisera, toxins and cultures ($6.79B), Nitrogen Heterocyclic Compounds ($3.82B), and Packaged Medicaments ($3.24B). Over the past 5 years the exports of Switzerland to Germany have increased at an annualized rate of 1.19%,  from $50.7B in 2018 to $53.8B in 2023.

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 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $66.2B to Switzerland. The main products exported from Germany to Switzerland were Packaged Medicaments ($6.36B), Cars ($5.23B), and Vaccines, blood, antisera, toxins and cultures ($3.82B). During the last 5 years the exports of Germany to Switzerland have increased at an annualized rate of 2.69%, from $57.9B in 2018 to $66.2B in 2023.

In 2018, Switzerland exported $53.8B to Germany. The main products exported from Switzerland to Germany were Vaccines, blood, antisera, toxins and cultures ($6.79B), Nitrogen Heterocyclic Compounds ($3.82B), and Packaged Medicaments ($3.24B). During the last 5 years the exports of Switzerland to Germany have increased at an annualized rate of 1.19%, from $50.7B in 2023 to $53.8B in 2018.

Exports from Germany (Flag) to Switzerland (Flag) (2023)

Exports from Switzerland (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Switzerland
Top Destination
Germany$53.8B

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 2023, countries that imported more from Germany than Switzerland included United States ($157B), Netherlands ($108B), and France ($118B).

In 2023, countries that imported more from Switzerland than Germany included Hong Kong ($17.1B), Slovenia ($10.6B), and Lebanon ($2.35B).

Difference in imports from Switzerland (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Switzerland

Flow
Scale

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

During 2023, Germany had a large net trade with Switzerland in the exports of Chemical Products ($14B), Machines ($12B), and Transportation ($8.17B).

During 2018, Switzerland had a large net trade with Germany in the exports of Chemical Products ($18.3B), Machines ($10.6B), and Instruments ($5.79B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Switzerland+$1.4BPackaged Medicaments
Top Product Potential Switzerland Germany+$1.74BPackaged 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, 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.

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

Services Exports from Switzerland (Flag) to Germany (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Switzerland (Flag) (2023)

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