Flag United Kingdom / Switzerland Flag

2020
FlagFlag
Exports
: $13.3B, Rnk 7 / 221

2020
FlagFlag
Top Product
: $6.84B, Gold

2020
FlagFlag
Exports
: $14.5B, Rnk 5 / 217

2020
FlagFlag
Top Product
: $6.53B, Gold

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

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

2020
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GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

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

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

2020
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GDP PC 
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
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GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 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

United Kingdom-Switzerland In 2020, United Kingdom exported $13.3B to Switzerland. The main products that United Kingdom exported to Switzerland are Gold ($6.84B), Jewellery ($690M), and Packaged Medicaments ($615M). During the last 25 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 4.44%, from $4.48B in 1995 to $13.3B in 2020.

In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

Switzerland-United Kingdom In 2020, Switzerland exported $14.5B to United Kingdom. The main products that Switzerland exported to United Kingdom were Gold ($6.53B), Packaged Medicaments ($1.06B), and Vaccines, blood, antisera, toxins and cultures ($975M). During the last 25 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 4.31%, from $5.05B in 1995 to $14.5B in 2020.

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) being the largest in terms of value.

Comparison In 2020,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.99), and 15 in total exports ($305B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United Kingdom exported $13.3B to Switzerland. The main products exported from United Kingdom to Switzerland were Gold ($6.84B), Jewellery ($690M), and Packaged Medicaments ($615M). During the last 25 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 4.44%, from $4.48B in 1995 to $13.3B in 2020.

In 2020, Switzerland exported $14.5B to United Kingdom. The main products exported from Switzerland to United Kingdom were Gold ($6.53B), Packaged Medicaments ($1.06B), and Vaccines, blood, antisera, toxins and cultures ($975M). During the last 25 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 4.31%, from $5.05B in 1995 to $14.5B in 2020.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $51.7B

Switzerland
Top Destination
: United States, $62B

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

In 2019, countries that imported more from United Kingdom than Switzerland were Ireland ($26.8B), Netherlands ($25.1B), and Belgium ($13B).

In 2019, countries that imported more from Switzerland than United Kingdom were United States ($62B), Germany ($49.2B), and India ($12B).

Comparative Advantage United Kingdom - Switzerland

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Flow

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

During 2020, United Kingdom had a large net trade with Switzerland in the exports of Precious Metals ($8.28B), Chemical Products ($1.69B), and Transportation ($893M).

During 2020, Switzerland had a large net trade with United Kingdom in the exports of Precious Metals ($7.64B), Chemical Products ($2.67B), and Instruments ($1.41B).

Bilateral Service Trade

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In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) 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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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 United Kingdom has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over United Kingdom.