Flag Turkey / Switzerland Flag

2021
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Exports
: $1.67B, Rnk 35 / 218

2021
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Top Product
: $286M, Gold

2021
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Exports
: $2.85B, Rnk 23 / 216

2021
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Top Product
: $740M, Gold

2021
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Economic Complexity (ECI)
: ECI 0.61, Rnk 42 / 131

2021
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Economic Complexity (ECI)
: ECI 1.94, Rnk 2 / 131

2021
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GDP
: $815B, CURRENT US$
Rnk 19 / 182

2011-2021
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GDP GROWTH
: -2.8%, CURRENT US$
Rnk 154 / 182

2021
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 GDP
: $813B, CURRENT US$
Rnk 20 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 120 / 182

2021
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GDP PC 
: $9,587, CURRENT US$
Rnk 68 / 182

2011-2021
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GDP PC GROWTH
: -16.1%, CURRENT US$
Rnk 155 / 182

2021
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GDP PC
: $93,457, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP PC GROWTH
: 2.41%, CURRENT US$
Rnk 120 / 182

Turkey-Switzerland In 2021, Turkey exported $1.67B to Switzerland. The main products that Turkey exported to Switzerland are Gold ($286M), Cars ($82.6M), and Knit Sweaters ($68.6M). During the last 26 years the exports of Turkey to Switzerland have increased at an annualized rate of 7.51%, from $255M in 1995 to $1.67B in 2021.

In 2009, Turkey exported services to Switzerland worth $218M, with Travel ($198M), Other business services ($11.4M), and Insurance services ($8.26M) being the largest in terms of value.

Switzerland-Turkey In 2021, Switzerland exported $2.85B to Turkey. The main products that Switzerland exported to Turkey were Gold ($740M), Vaccines, blood, antisera, toxins and cultures ($312M), and Packaged Medicaments ($233M). During the last 26 years the exports of Switzerland to Turkey have increased at an annualized rate of 4.69%, from $865M in 1995 to $2.85B in 2021.

In 2019, Switzerland exported services to Turkey worth $496M, with Financial services ($212M), Royalties and license fees ($124M), and Travel ($75M) being the largest in terms of value.

Comparison In 2021,  Turkey ranked 42 in the Economic Complexity Index (ECI 0.61), and 28 in total exports ($234B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.94), and 17 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Turkey exported $1.67B to Switzerland. The main products exported from Turkey to Switzerland were Gold ($286M), Cars ($82.6M), and Knit Sweaters ($68.6M). During the last 26 years the exports of Turkey to Switzerland have increased at an annualized rate of 7.51%, from $255M in 1995 to $1.67B in 2021.

In 2021, Switzerland exported $2.85B to Turkey. The main products exported from Switzerland to Turkey were Gold ($740M), Vaccines, blood, antisera, toxins and cultures ($312M), and Packaged Medicaments ($233M). During the last 26 years the exports of Switzerland to Turkey have increased at an annualized rate of 4.69%, from $865M in 1995 to $2.85B in 2021.

Turkey Exports

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Switzerland Exports

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Market Competitiveness

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Color

Turkey
Top Destination
: Germany, $19.8B

Switzerland
Top Destination
: Germany, $55.2B

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

In 2021, countries that imported more from Turkey than Switzerland were Iraq ($11.1B), Romania ($5.63B), and Bulgaria ($3.89B).

In 2021, countries that imported more from Switzerland than Turkey were United States ($51.1B), Germany ($55.2B), and India ($31.8B).

Comparative Advantage Turkey - Switzerland

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Flow
Scale

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

During 2021, Turkey had a large net trade with Switzerland in the exports of Textiles ($436M), Precious Metals ($338M), and Metals ($184M).

During 2021, Switzerland had a large net trade with Turkey in the exports of Precious Metals ($987M), Chemical Products ($926M), and Machines ($367M).

Bilateral Service Trade

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Tur Year

In 2009, Turkey exported services to Switzerland worth $218M, with Travel ($198M), Other business services ($11.4M), and Insurance services ($8.26M) being the largest in terms of value.

In 2019, Switzerland exported services to Turkey worth $496M, with Financial services ($212M), Royalties and license fees ($124M), and Travel ($75M) 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 Turkey has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over Turkey.