2022
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GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%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$
Rnk 128 / 186
2022
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GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

India-Switzerland In 2022, India exported $2.46B to Switzerland. The main products that India exported to Switzerland are Diamonds ($278M), Nitrogen Heterocyclic Compounds ($245M), and Raw Aluminium ($188M). During the last 27 years the exports of India to Switzerland have increased at an annualized rate of 7.62%, from $339M in 1995 to $2.46B in 2022.

In 2022, India did not export any services to Switzerland.

Switzerland-India In 2022, Switzerland exported $16B to India. The main products that Switzerland exported to India were Gold ($13B), Coal Briquettes ($411M), and Packaged Medicaments ($161M). During the last 27 years the exports of Switzerland to India have increased at an annualized rate of 10.5%, from $1.07B in 1995 to $16B in 2022.

In 2019, Switzerland exported services to India worth $958M, with Travel ($473M), Royalties and license fees ($187M), and Transportation ($137M) being the largest in terms of value.

Comparison In 2022,  India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). 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, India exported $2.46B to Switzerland. The main products exported from India to Switzerland were Diamonds ($278M), Nitrogen Heterocyclic Compounds ($245M), and Raw Aluminium ($188M). During the last 27 years the exports of India to Switzerland have increased at an annualized rate of 7.62%, from $339M in 1995 to $2.46B in 2022.

In 2022, Switzerland exported $16B to India. The main products exported from Switzerland to India were Gold ($13B), Coal Briquettes ($411M), and Packaged Medicaments ($161M). During the last 27 years the exports of Switzerland to India have increased at an annualized rate of 10.5%, from $1.07B in 1995 to $16B in 2022.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Switzerland
Top Destination
United States$61.7B

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

In 2021, countries that imported more from India than Switzerland were United Arab Emirates ($31.6B), United States ($82.9B), and Bangladesh ($13.8B).

In 2021, countries that imported more from Switzerland than India were Germany ($53.5B), China ($44.1B), and Italy ($22.8B).

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

Comparative Advantage India - Switzerland

Flow
Scale

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

During 2022, India had a large net trade with Switzerland in the exports of Chemical Products ($908M), Precious Metals ($321M), and Textiles ($313M).

During 2022, Switzerland had a large net trade with India in the exports of Precious Metals ($13.1B), Machines ($656M), and Chemical Products ($597M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to India worth $958M, with Travel ($473M), Royalties and license fees ($187M), and Transportation ($137M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to India (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 India has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over India.

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

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