2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
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GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 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

Ireland-Switzerland In 2022, Ireland exported $4.12B to Switzerland. The main products that Ireland exported to Switzerland are Vaccines, blood, antisera, toxins and cultures ($2.5B), Packaged Medicaments ($318M), and Nitrogen Heterocyclic Compounds ($230M). During the last 27 years the exports of Ireland to Switzerland have increased at an annualized rate of 6.41%, from $770M in 1995 to $4.12B in 2022.

In 2020, Ireland exported services to Switzerland worth $2.52B, with Other business services ($1.77B), Financial services ($346M), and Insurance services ($183M) being the largest in terms of value.

Switzerland-Ireland In 2022, Switzerland exported $2.08B to Ireland. The main products that Switzerland exported to Ireland were Nitrogen Heterocyclic Compounds ($388M), Planes, Helicopters, and/or Spacecraft ($295M), and Orthopedic Appliances ($223M). During the last 27 years the exports of Switzerland to Ireland have increased at an annualized rate of 8.11%, from $253M in 1995 to $2.08B in 2022.

In 2019, Switzerland exported services to Ireland worth $5.17B, with Royalties and license fees ($4.36B), Financial services ($453M), and Computer and information services ($220M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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
Value

In 2022, Ireland exported $4.12B to Switzerland. The main products exported from Ireland to Switzerland were Vaccines, blood, antisera, toxins and cultures ($2.5B), Packaged Medicaments ($318M), and Nitrogen Heterocyclic Compounds ($230M). During the last 27 years the exports of Ireland to Switzerland have increased at an annualized rate of 6.41%, from $770M in 1995 to $4.12B in 2022.

In 2022, Switzerland exported $2.08B to Ireland. The main products exported from Switzerland to Ireland were Nitrogen Heterocyclic Compounds ($388M), Planes, Helicopters, and/or Spacecraft ($295M), and Orthopedic Appliances ($223M). During the last 27 years the exports of Switzerland to Ireland have increased at an annualized rate of 8.11%, from $253M in 1995 to $2.08B in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Switzerland
Top Destination
United States$61.7B

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

In 2021, countries that imported more from Ireland than Switzerland were Belgium ($17B), United States ($70.7B), and Netherlands ($12.6B).

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

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

Comparative Advantage Ireland - Switzerland

Flow
Scale

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

During 2022, Ireland had a large net trade with Switzerland in the exports of Chemical Products ($3.35B), Instruments ($300M), and Machines ($262M).

During 2022, Switzerland had a large net trade with Ireland in the exports of Chemical Products ($876M), Instruments ($513M), and Transportation ($308M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Switzerland worth $2.52B, with Other business services ($1.77B), Financial services ($346M), and Insurance services ($183M) being the largest in terms of value.

In 2019, Switzerland exported services to Ireland worth $5.17B, with Royalties and license fees ($4.36B), Financial services ($453M), and Computer and information services ($220M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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