2022
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GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
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2022
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 GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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GDP PC 
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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2022
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GDP PC
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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About

Finland-Switzerland In 2022, Finland exported $1.69B to Switzerland. The main products that Finland exported to Switzerland are Gold ($916M), Precious Metal Ore ($146M), and Non-Iron and Steel Slag, Ash and Residues ($69.4M). During the last 27 years the exports of Finland to Switzerland have increased at an annualized rate of 4.3%, from $543M in 1995 to $1.69B in 2022.

In 2020, Finland exported services to Switzerland worth $748M, with Other business services ($376M), Transportation ($170M), and Computer and information services ($124M) being the largest in terms of value.

Switzerland-Finland In 2022, Switzerland exported $790M to Finland. The main products that Switzerland exported to Finland were Vaccines, blood, antisera, toxins and cultures ($95.4M), Packaged Medicaments ($79.4M), and Gold ($75.9M). During the last 27 years the exports of Switzerland to Finland have increased at an annualized rate of 1.62%, from $512M in 1995 to $790M in 2022.

In 2019, Switzerland exported services to Finland worth $277M, with Computer and information services ($121M), Royalties and license fees ($82.1M), and Travel ($27.4M) being the largest in terms of value.

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $1.69B to Switzerland. The main products exported from Finland to Switzerland were Gold ($916M), Precious Metal Ore ($146M), and Non-Iron and Steel Slag, Ash and Residues ($69.4M). During the last 27 years the exports of Finland to Switzerland have increased at an annualized rate of 4.3%, from $543M in 1995 to $1.69B in 2022.

In 2022, Switzerland exported $790M to Finland. The main products exported from Switzerland to Finland were Vaccines, blood, antisera, toxins and cultures ($95.4M), Packaged Medicaments ($79.4M), and Gold ($75.9M). During the last 27 years the exports of Switzerland to Finland have increased at an annualized rate of 1.62%, from $512M in 1995 to $790M in 2022.

Exports from Finland (Flag) to Switzerland (Flag) (2022)

Exports from Switzerland (Flag) to Finland (Flag) (2022)

Latest Data

Trade between Finland (Flag) and Switzerland (Flag)

Finland Exports

Switzerland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Switzerland
Top Destination
United States$61.7B

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

In 2021, countries that imported more from Finland than Switzerland were Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

In 2021, countries that imported more from Switzerland than Finland were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

Difference in imports from Switzerland (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - Switzerland

Flow
Scale

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

During 2022, Finland had a large net trade with Switzerland in the exports of Precious Metals ($981M), Mineral Products ($217M), and Machines ($126M).

During 2022, Switzerland had a large net trade with Finland in the exports of Chemical Products ($210M), Machines ($200M), and Metals ($97.9M).

Service Trade

Bilateral Service Trade

In 2020, Finland exported services to Switzerland worth $748M, with Other business services ($376M), Transportation ($170M), and Computer and information services ($124M) being the largest in terms of value.

In 2019, Switzerland exported services to Finland worth $277M, with Computer and information services ($121M), Royalties and license fees ($82.1M), and Travel ($27.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Switzerland (Flag) (2022)

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