2021
Flag  
GDP
$3.15TCURRENT US$
Rnk 5 / 204
2011-2021
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GDP GROWTH
72.8%CURRENT US$
Rnk 26 / 204
2021
Flag
 GDP
$801BCURRENT US$
Rnk 20 / 204
2011-2021
Flag
GDP GROWTH
11.8%CURRENT US$
Rnk 136 / 204
2021
Flag
GDP PC 
$2,238CURRENT US$
Rnk 159 / 204
2011-2021
Flag
GDP PC GROWTH
54.4%CURRENT US$
Rnk 27 / 204
2021
Flag
GDP PC
$91,992CURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP PC GROWTH
1.67%CURRENT US$
Rnk 140 / 204

About

India-Switzerland In 2021, India exported $2.01B to Switzerland. The main products that India exported to Switzerland are Nitrogen Heterocyclic Compounds ($180M), Diamonds ($166M), and Ketones and Quinones ($111M). During the last 26 years the exports of India to Switzerland have increased at an annualized rate of 7.14%, from $336M in 1995 to $2.01B in 2021.

In 2021, India did not export any services to Switzerland.

Switzerland-India In 2021, Switzerland exported $31.8B to India. The main products that Switzerland exported to India were Gold ($29.3B), Coal Briquettes ($216M), and Soybean Oil ($165M). During the last 26 years the exports of Switzerland to India have increased at an annualized rate of 13.9%, from $1.07B in 1995 to $31.8B in 2021.

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 2021,  India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.94), and 17 in total exports ($371B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, India exported $2.01B to Switzerland. The main products exported from India to Switzerland were Nitrogen Heterocyclic Compounds ($180M), Diamonds ($166M), and Ketones and Quinones ($111M). During the last 26 years the exports of India to Switzerland have increased at an annualized rate of 7.14%, from $336M in 1995 to $2.01B in 2021.

In 2021, Switzerland exported $31.8B to India. The main products exported from Switzerland to India were Gold ($29.3B), Coal Briquettes ($216M), and Soybean Oil ($165M). During the last 26 years the exports of Switzerland to India have increased at an annualized rate of 13.9%, from $1.07B in 1995 to $31.8B in 2021.

Exports from India (Flag) to Switzerland (Flag) (2021)

Exports from Switzerland (Flag) to India (Flag) (2021)

Market Competitiveness

Color
India
Top Destination
United States$71.2B
Switzerland
Top Destination
Germany$55.2B

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 ($25.4B), United States ($71.2B), and Bangladesh ($14.1B).

In 2021, countries that imported more from Switzerland than India were Germany ($55.2B), France ($18.9B), and China ($33.1B).

Difference in imports from Switzerland (Flag) and India (Flag) (2021)

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 2021, India had a large net trade with Switzerland in the exports of Chemical Products ($770M), Textiles ($315M), and Precious Metals ($199M).

During 2021, Switzerland had a large net trade with India in the exports of Precious Metals ($29.4B), Chemical Products ($656M), and Machines ($553M).

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) (2021)

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