2021
Flag  
GDP
$506BCURRENT US$
Rnk 24 / 204
2011-2021
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GDP GROWTH
36.3%CURRENT US$
Rnk 86 / 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 
$7,061CURRENT US$
Rnk 103 / 204
2011-2021
Flag
GDP PC GROWTH
30.8%CURRENT US$
Rnk 60 / 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

Thailand-Switzerland In 2021, Thailand exported $1.86B to Switzerland. The main products that Thailand exported to Switzerland are Gold ($641M), Office Machine Parts ($115M), and Precious Stones ($98.4M). During the last 26 years the exports of Thailand to Switzerland have increased at an annualized rate of 5.48%, from $466M in 1995 to $1.86B in 2021.

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

Switzerland-Thailand In 2021, Switzerland exported $4.41B to Thailand. The main products that Switzerland exported to Thailand were Gold ($3.33B), Packaged Medicaments ($105M), and Vaccines, blood, antisera, toxins and cultures ($104M). During the last 26 years the exports of Switzerland to Thailand have increased at an annualized rate of 5.96%, from $978M in 1995 to $4.41B in 2021.

In 2019, Switzerland exported services to Thailand worth $114M, with Travel ($114M) being the largest in terms of value.

Comparison In 2021,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.97), and 25 in total exports ($285B). 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, Thailand exported $1.86B to Switzerland. The main products exported from Thailand to Switzerland were Gold ($641M), Office Machine Parts ($115M), and Precious Stones ($98.4M). During the last 26 years the exports of Thailand to Switzerland have increased at an annualized rate of 5.48%, from $466M in 1995 to $1.86B in 2021.

In 2021, Switzerland exported $4.41B to Thailand. The main products exported from Switzerland to Thailand were Gold ($3.33B), Packaged Medicaments ($105M), and Vaccines, blood, antisera, toxins and cultures ($104M). During the last 26 years the exports of Switzerland to Thailand have increased at an annualized rate of 5.96%, from $978M in 1995 to $4.41B in 2021.

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

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

Latest Data

Trade between Thailand (Flag) and Switzerland (Flag)

Thailand Exports

Switzerland Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$45.3B
Switzerland
Top Destination
Germany$55.2B

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

In 2021, countries that imported more from Thailand than Switzerland were Japan ($25.1B), Vietnam ($12.5B), and Malaysia ($11.9B).

In 2021, countries that imported more from Switzerland than Thailand were Germany ($55.2B), India ($31.8B), and France ($18.9B).

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

Comparative Advantage Thailand - Switzerland

Flow
Scale

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

During 2021, Thailand had a large net trade with Switzerland in the exports of Precious Metals ($884M), Machines ($321M), and Instruments ($246M).

During 2021, Switzerland had a large net trade with Thailand in the exports of Precious Metals ($3.45B), Chemical Products ($315M), and Instruments ($310M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to Thailand worth $114M, with Travel ($114M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Product Space of Thailand (Flag) and Switzerland (Flag) (2021)

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