2022
Flag  
GDP
$522BCURRENT US$
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2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$808BCURRENT US$
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2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
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2022
Flag
GDP PC
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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About

Israel-Switzerland Trade: In 2022, Israel exported $869M to Switzerland. The main products that Israel exported to Switzerland were Diamonds ($367M), Other Sea Vessels ($154M), and Medical Instruments ($39.9M). Over the past 5 years the exports of Israel to Switzerland have increased at an annualized rate of 4.4%, from $700M in 2017 to $869M in 2022.

In 2012, Israel exported services to Switzerland worth $50.3M, with Computer and information services ($47.7M) and Construction services ($2.64M) being the largest in terms of value.

Switzerland-Israel Trade: In 2022, Switzerland exported $3.89B to Israel. The main products that Switzerland exported to Israel were Vaccines, blood, antisera, toxins and cultures ($301M), Corn ($257M), and Packaged Medicaments ($231M). Over the past 5 years the exports of Switzerland to Israel have decreased at an annualized rate of 2.43%,  from $4.4B in 2017 to $3.89B in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $869M to Switzerland. The main products exported from Israel to Switzerland were Diamonds ($367M), Other Sea Vessels ($154M), and Medical Instruments ($39.9M). During the last 5 years the exports of Israel to Switzerland have increased at an annualized rate of 4.4%, from $700M in 2017 to $869M in 2022.

In 2017, Switzerland exported $3.89B to Israel. The main products exported from Switzerland to Israel were Vaccines, blood, antisera, toxins and cultures ($301M), Corn ($257M), and Packaged Medicaments ($231M). During the last 5 years the exports of Switzerland to Israel have decreased at an annualized rate of 2.43%, from $4.4B in 2022 to $3.89B in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Switzerland (Flag)

Israel Exports

Switzerland Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Switzerland
Top Destination
United States$61.7B

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

In 2022, countries that imported more from Israel than Switzerland included Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

In 2022, countries that imported more from Switzerland than Israel included Germany ($53.5B), United States ($61.7B), and China ($44.1B).

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

Comparative Advantage Israel - Switzerland

Flow
Scale

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

During 2022, Israel had a large net trade with Switzerland in the exports of Precious Metals ($384M), Transportation ($183M), and Machines ($99.9M).

During 2017, Switzerland had a large net trade with Israel in the exports of Chemical Products ($835M), Vegetable Products ($659M), and Metals ($508M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Switzerland+$15.9MMedical Instruments
Top Product Potential Switzerland Israel+$48.2MPackaged Medicaments

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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Economic Complexity

Competitive Landscape

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

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

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