Italy / Switzerland

Italy-Switzerland Trade: In 2022, Italy exported $27.8B to Switzerland. The main products that Italy exported to Switzerland were Packaged Medicaments ($4.16B), Gold ($1.48B), and Jewellery ($1.02B). Over the past 5 years the exports of Italy to Switzerland have increased at an annualized rate of 5.85%, from $20.9B in 2017 to $27.8B in 2022.

In 2020, Italy exported services to Switzerland worth $7.06B, with Other business services ($4.38B), Travel ($1.46B), and Transportation ($396M) being the largest in terms of value.

Switzerland-Italy Trade: In 2022, Switzerland exported $22.8B to Italy. The main products that Switzerland exported to Italy were Electricity ($5.68B), Gold ($2.74B), and Nitrogen Heterocyclic Compounds ($2.37B). Over the past 5 years the exports of Switzerland to Italy have increased at an annualized rate of 7.23%,  from $15B in 2017 to $22.8B in 2022.

In 2019, Switzerland exported services to Italy worth $5.53B, with Travel ($2.13B), Transportation ($1.06B), and Royalties and license fees ($851M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).