Hong Kong (HKG) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Hong Kong-Switzerland Trade: In 2022, Hong Kong exported $4.11B to Switzerland. The main products that Hong Kong exported to Switzerland were Gold ($2.4B), Jewellery ($505M), and Precious Metal Watches ($208M). Over the past 5 years the exports of Hong Kong to Switzerland have decreased at an annualized rate of 15.9%, from $9.8B in 2017 to $4.11B in 2022.

In 2022, Hong Kong did not export any services to Switzerland.

Switzerland-Hong Kong Trade: In 2022, Switzerland exported $7.58B to Hong Kong. The main products that Switzerland exported to Hong Kong were Gold ($2.66B), Jewellery ($1.16B), and Base Metal Watches ($1.06B). Over the past 5 years the exports of Switzerland to Hong Kong have decreased at an annualized rate of 3.64%, from $15.9B in 2017 to $7.58B in 2022.

In 2019, Switzerland exported services to Hong Kong worth $821M, with Computer and information services ($214M), Financial services ($200M), and Travel ($128M) being the largest in terms of value.

Comparison: In 2022, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hong Kong exported $4.11B to Switzerland. The main products exported from Hong Kong to Switzerland were Gold ($2.4B), Jewellery ($505M), and Precious Metal Watches ($208M). During the last 5 years the exports of Hong Kong to Switzerland have decreased at an annualized rate of 15.9%, from $9.8B in 2017 to $4.11B in 2022.

In 2017, Switzerland exported $7.58B to Hong Kong. The main products exported from Switzerland to Hong Kong were Gold ($2.66B), Jewellery ($1.16B), and Base Metal Watches ($1.06B). During the last 5 years the exports of Switzerland to Hong Kong have decreased at an annualized rate of 3.64%, from $15.9B in 2022 to $7.58B in 2017.

Exports from Hong Kong () to Switzerland () (2022)

Exports from Switzerland () to Hong Kong () (2022)

Latest Data

Trade between Hong Kong () and Switzerland ()

Hong Kong Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$23.4B

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from Hong Kong than Switzerland included Philippines ($3.28B), Macau ($2.73B), and Vietnam ($3.14B).

In 2022, countries that imported more from Switzerland than Hong Kong included United States ($61.7B), Germany ($53.5B), and Italy ($22.8B).

Difference in imports from Switzerland () and Hong Kong () (2022)

Comparative Advantage Hong Kong - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hong Kong had a large net trade with Switzerland in the exports of Precious Metals ($3.46B), Instruments ($364M), and Machines ($163M).

During 2017, Switzerland had a large net trade with Hong Kong in the exports of Precious Metals ($4.24B), Instruments ($2.19B), and Chemical Products ($443M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Switzerland+$21.6MTelephones

Top Product Potential Switzerland Hong Kong+$43.3MIntegrated Circuits

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

Che Year

In 2019, Switzerland exported services to Hong Kong worth $821M, with Computer and information services ($214M), Financial services ($200M), and Travel ($128M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland () to Hong Kong () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Switzerland () (2022)

Exports from Switzerland () to Hong Kong () (2022)

Latest Data

Trade between Hong Kong () and Switzerland ()

Hong Kong Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Hong Kong () (2022)

Comparative Advantage Hong Kong - Switzerland

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Switzerland () to Hong Kong () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Switzerland () (2022)

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