Flag Thailand / Switzerland Flag

2020
FlagFlag
Exports
: $8.03B, Rnk 9 / 214

2020
FlagFlag
Top Product
: $7.12B, Gold

2020
FlagFlag
Exports
: $2.15B, Rnk 26 / 217

2020
FlagFlag
Top Product
: $1.21B, Gold

2020
Flag
Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 1.99, Rnk 2 / 127

2020
Flag  
GDP
: $502B, CURRENT US$
Rnk 24 / 195

2010-2020
Flag
GDP GROWTH
: 47.1%, CURRENT US$
Rnk 61 / 195

2020
Flag
 GDP
: $752B, CURRENT US$
Rnk 18 / 195

2010-2020
Flag
GDP GROWTH
: 24.7%, CURRENT US$
Rnk 107 / 195

2020
Flag
GDP PC 
: $7,187, CURRENT US$
Rnk 85 / 195

2010-2020
Flag
GDP PC GROWTH
: 41.6%, CURRENT US$
Rnk 39 / 195

2020
Flag
GDP PC
: $87,097, CURRENT US$
Rnk 4 / 195

2010-2020
Flag
GDP PC GROWTH
: 12.9%, CURRENT US$
Rnk 105 / 195

Thailand-Switzerland In 2020, Thailand exported $8.03B to Switzerland. The main products that Thailand exported to Switzerland are Gold ($7.12B), Office Machine Parts ($89.2M), and Other Clocks and Watches ($60.7M). During the last 25 years the exports of Thailand to Switzerland have increased at an annualized rate of 12%, from $476M in 1995 to $8.03B in 2020.

In 2020, Thailand did not export any services to Switzerland.

Switzerland-Thailand In 2020, Switzerland exported $2.15B to Thailand. The main products that Switzerland exported to Thailand were Gold ($1.21B), Packaged Medicaments ($108M), and Vaccines, blood, antisera, toxins and cultures ($80.9M). During the last 25 years the exports of Switzerland to Thailand have increased at an annualized rate of 3.15%, from $988M in 1995 to $2.15B in 2020.

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

Comparison In 2020,  Thailand ranked 30 in the Economic Complexity Index (ECI 0.91), and 23 in total exports ($243B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.99), and 15 in total exports ($305B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Thailand exported $8.03B to Switzerland. The main products exported from Thailand to Switzerland were Gold ($7.12B), Office Machine Parts ($89.2M), and Other Clocks and Watches ($60.7M). During the last 25 years the exports of Thailand to Switzerland have increased at an annualized rate of 12%, from $476M in 1995 to $8.03B in 2020.

In 2020, Switzerland exported $2.15B to Thailand. The main products exported from Switzerland to Thailand were Gold ($1.21B), Packaged Medicaments ($108M), and Vaccines, blood, antisera, toxins and cultures ($80.9M). During the last 25 years the exports of Switzerland to Thailand have increased at an annualized rate of 3.15%, from $988M in 1995 to $2.15B in 2020.

Thailand Exports

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Switzerland Exports

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Market Competitiveness

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Measure

Thailand
Top Destination
: United States, $35.3B

Switzerland
Top Destination
: United States, $62B

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 ($23.2B), China ($30.2B), and Vietnam ($11.2B).

In 2019, countries that imported more from Switzerland than Thailand were Germany ($49.2B), United States ($62B), and France ($16.3B).

Comparative Advantage Thailand - Switzerland

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Flow

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

During 2020, Thailand had a large net trade with Switzerland in the exports of Precious Metals ($7.24B), Machines ($250M), and Instruments ($167M).

During 2020, Switzerland had a large net trade with Thailand in the exports of Precious Metals ($1.26B), Chemical Products ($339M), and Instruments ($233M).

Bilateral Service Trade

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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.

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 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.