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2022
Flag → Flag
Exports $1.69BRnk 38 / 219
2022
Flag → Flag
Top Product $118MGold
2022
Flag → Flag
Exports $13.2BRnk 8 / 219
2022
Flag → Flag
Top Product $11.1BGold
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186

About

Turkey-Switzerland Trade: In 2022, Turkey exported $1.69B to Switzerland. The main products that Turkey exported to Switzerland were Gold ($118M), Cars ($77M), and Non-Knit Men's Suits ($68M). Over the past 5 years the exports of Turkey to Switzerland have increased at an annualized rate of 6.53%, from $1.23B in 2017 to $1.69B in 2022.

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 Trade: In 2022, Switzerland exported $13.2B to Turkey. The main products that Switzerland exported to Turkey were Gold ($11.1B), Vaccines, blood, antisera, toxins and cultures ($273M), and Packaged Medicaments ($206M). Over the past 5 years the exports of Switzerland to Turkey have increased at an annualized rate of 8.68%,  from $6.26B in 2017 to $13.2B in 2022.

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 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $1.69B to Switzerland. The main products exported from Turkey to Switzerland were Gold ($118M), Cars ($77M), and Non-Knit Men's Suits ($68M). During the last 5 years the exports of Turkey to Switzerland have increased at an annualized rate of 6.53%, from $1.23B in 2017 to $1.69B in 2022.

In 2017, Switzerland exported $13.2B to Turkey. The main products exported from Switzerland to Turkey were Gold ($11.1B), Vaccines, blood, antisera, toxins and cultures ($273M), and Packaged Medicaments ($206M). During the last 5 years the exports of Switzerland to Turkey have increased at an annualized rate of 8.68%, from $6.26B in 2022 to $13.2B in 2017.

Exports from Turkey (Flag) to Switzerland (Flag) (2022)

Exports from Switzerland (Flag) to Turkey (Flag) (2022)

Latest Data

Trade between Turkey (Flag) and Switzerland (Flag)

Turkey Exports

Switzerland Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Switzerland
Top DestinationUnited States$61.7B

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 2022, countries that imported more from Turkey than Switzerland included Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

In 2022, countries that imported more from Switzerland than Turkey included United States ($61.7B), China ($44.1B), and Germany ($53.5B).

Difference in imports from Switzerland (Flag) and Turkey (Flag) (2022)

Comparative Advantage Turkey - Switzerland

Flow
Scale

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

During 2022, Turkey had a large net trade with Switzerland in the exports of Textiles ($440M), Metals ($237M), and Transportation ($174M).

During 2017, Switzerland had a large net trade with Turkey in the exports of Precious Metals ($11.3B), Chemical Products ($843M), and Machines ($403M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Switzerland+$89.1MGold
Top Product Potential Switzerland Turkey+$107MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

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.

Services Exports from Turkey (Flag) to Switzerland (Flag) (2009)

Services Exports from Switzerland (Flag) to Turkey (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turkey and Switzerland. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over Turkey.

Product Space of Turkey (Flag) and Switzerland (Flag) (2022)

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