Thailand (THA) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Thailand-Switzerland In 2022, Thailand exported $3.74B to Switzerland. The main products that Thailand exported to Switzerland are Gold ($2.36B), Other Clocks and Watches ($95.4M), and Precious Stones ($93.8M). During the last 27 years the exports of Thailand to Switzerland have increased at an annualized rate of 7.98%, from $471M in 1995 to $3.74B in 2022.

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

Switzerland-Thailand In 2022, Switzerland exported $6.54B to Thailand. The main products that Switzerland exported to Thailand were Gold ($5.33B), Base Metal Watches ($145M), and Packaged Medicaments ($104M). During the last 27 years the exports of Switzerland to Thailand have increased at an annualized rate of 7.27%, from $983M in 1995 to $6.54B in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $3.74B to Switzerland. The main products exported from Thailand to Switzerland were Gold ($2.36B), Other Clocks and Watches ($95.4M), and Precious Stones ($93.8M). During the last 27 years the exports of Thailand to Switzerland have increased at an annualized rate of 7.98%, from $471M in 1995 to $3.74B in 2022.

In 2022, Switzerland exported $6.54B to Thailand. The main products exported from Switzerland to Thailand were Gold ($5.33B), Base Metal Watches ($145M), and Packaged Medicaments ($104M). During the last 27 years the exports of Switzerland to Thailand have increased at an annualized rate of 7.27%, from $983M in 1995 to $6.54B in 2022.

Exports from Thailand () to Switzerland () (2022)

Exports from Switzerland () to Thailand () (2022)

Latest Data

Trade between Thailand () and Switzerland ()

Thailand Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Switzerland
Top DestinationUnited States$61.7B

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 ($24.6B), Vietnam ($13.4B), and Malaysia ($12.7B).

In 2021, countries that imported more from Switzerland than Thailand were Germany ($53.5B), Italy ($22.8B), and France ($20.4B).

Difference in imports from Switzerland () and Thailand () (2022)

Comparative Advantage Thailand - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Switzerland in the exports of Precious Metals ($2.66B), Machines ($357M), and Instruments ($263M).

During 2022, Switzerland had a large net trade with Thailand in the exports of Precious Metals ($5.5B), Instruments ($391M), and Chemical Products ($263M).

Service Trade

Bilateral Service Trade

Che Year

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 () to Thailand () (2019)

Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Thailand () to Switzerland () (2022)

Exports from Switzerland () to Thailand () (2022)

Latest Data

Trade between Thailand () and Switzerland ()

Thailand Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Thailand () (2022)

Comparative Advantage Thailand - Switzerland

Service Trade

Bilateral Service Trade

Services Exports from Switzerland () to Thailand () (2019)

Economic Complexity

Competitive Landscape

Product Space of Thailand () and Switzerland () (2022)

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