Flag Thailand / Switzerland Flag

2019
FlagFlag
Exports
: $5.59B, Rnk 13 / 217

2019
FlagFlag
Top Product
: $4.38B, Gold

2019
FlagFlag
Exports
: $2.28B, Rnk 24 / 215

2019
FlagFlag
Top Product
: $1.11B, Gold

2019
Flag
Economic Complexity (ECI)
: ECI 1, Rnk 31 / 146

2019
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Economic Complexity (ECI)
: ECI 1.96, Rnk 3 / 146

2019
Flag  
GDP
: $544B, CURRENT US$
Rnk 22 / 187

2009-2019
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GDP GROWTH
: 92.9%, CURRENT US$
Rnk 35 / 187

2019
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 GDP
: $703B, CURRENT US$
Rnk 20 / 187

2009-2019
Flag
GDP GROWTH
: 29.8%, CURRENT US$
Rnk 126 / 187

2019
Flag
GDP PC 
: $7,807, CURRENT US$
Rnk 84 / 187

2009-2019
Flag
GDP PC GROWTH
: 85.3%, CURRENT US$
Rnk 22 / 187

2019
Flag
GDP PC
: $81,994, CURRENT US$
Rnk 4 / 187

2009-2019
Flag
GDP PC GROWTH
: 17.3%, CURRENT US$
Rnk 123 / 187

Thailand-Switzerland In 2019, Thailand exported $5.59B to Switzerland. The main products that Thailand exported to Switzerland are Gold ($4.38B), Precious Metal Scraps ($121M), and Other Clocks and Watches ($85M). During the last 24 years the exports of Thailand to Switzerland have increased at an annualized rate of 11%, from $460M in 1995 to $5.59B in 2019.

In 2019, Thailand did not export any services to Switzerland.

Switzerland-Thailand In 2019, Switzerland exported $2.28B to Thailand . The main products that Switzerland exported to Thailand were Gold ($1.11B), Base Metal Watches ($108M), and Packaged Medicaments ($104M). During the last 24 years the exports of Switzerland to Thailand have increased at an annualized rate of 3.55%, from $988M in 1995 to $2.28B in 2019.

In 2019, Switzerland exported services to Thailand worth $103M, with Travel ($103M) being the largest in terms of value.

Comparison In 2019,  Thailand ranked 31 in the Economic Complexity Index (ECI 1), and 23 in total exports ($249B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($310B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Thailand exported $5.59B to Switzerland. The main products exported from Thailand to Switzerland were Gold ($4.38B), Precious Metal Scraps ($121M), and Other Clocks and Watches ($85M). During the last 24 years the exports of Thailand to Switzerland have increased at an annualized rate of 11%, from $460M in 1995 to $5.59B in 2019.

In 2019, Switzerland exported $2.28B to Thailand. The main products exported from Switzerland to Thailand were Gold ($1.11B), Base Metal Watches ($108M), and Packaged Medicaments ($104M). During the last 24 years the exports of Switzerland to Thailand have increased at an annualized rate of 3.55%, from $988M in 1995 to $2.28B in 2019.

Thailand Exports

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Switzerland Exports

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Market Competitiveness

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Measure

Thailand
Top Destination
: United States, $32.2B

Switzerland
Top Destination
: Germany, $48.1B

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 2019, countries that imported more from Thailand than Switzerland were Japan ($23.8B), Vietnam ($11.8B), and Malaysia ($10.1B).

In 2019, countries that imported more from Switzerland than Thailand were Germany ($48.1B), United Kingdom ($24.4B), and France ($19.2B).

Comparative Advantage Thailand - Switzerland

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Depth

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

During 2019, Thailand had a large net trade with Switzerland in the exports of Precious Metals ($4.72B), Machines ($237M), and Instruments ($230M).

During 2019, Switzerland had a large net trade with Thailand in the exports of Precious Metals ($1.21B), Chemical Products ($315M), and Machines ($312M).

Tariff Section

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This section shows import tariffs for products traded between Thailand and Switzerland (using the HS6 product classification and the last year reported).

In 2015, the products from Thailand that paid the highest import tariffs to enter Switzerland were Undenatured ethyl alcohol > 80% by volume (321%) and Milk powder < 1.5% fat (216%).

In 2018, the products from Switzerland that paid the highest import tariffs to enter Thailand were Horses: live, pure-bred breeding animals (0%) and Horses: live, other than pure-bred breeding animals (0%).

*The tariffs present between Thailand and Switzerland are:
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2019, Switzerland exported services to Thailand worth $103M, with Travel ($103M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Switzerland. Similarly, the more red a dot/product is, the more Switzerland has comparative advantage over Thailand.