Ukraine (UKR) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Ukraine-Switzerland Trade: In 2022, Ukraine exported $168M to Switzerland. The main products that Ukraine exported to Switzerland were Seed Oils ($24.3M), Wheat ($10.8M), and Corn ($10.4M). Over the past 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 12.7%, from $332M in 2017 to $168M in 2022.

In 2020, Ukraine exported services to Switzerland worth $556M, with Transportation ($293M), Other business services ($165M), and Computer and information services ($62.7M) being the largest in terms of value.

Switzerland-Ukraine Trade: In 2022, Switzerland exported $889M to Ukraine. The main products that Switzerland exported to Ukraine were Petroleum Gas ($589M), Packaged Medicaments ($57.4M), and Gold ($25.1M). Over the past 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.6B in 2017 to $889M in 2022.

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

Comparison: In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ukraine exported $168M to Switzerland. The main products exported from Ukraine to Switzerland were Seed Oils ($24.3M), Wheat ($10.8M), and Corn ($10.4M). During the last 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 12.7%, from $332M in 2017 to $168M in 2022.

In 2017, Switzerland exported $889M to Ukraine. The main products exported from Switzerland to Ukraine were Petroleum Gas ($589M), Packaged Medicaments ($57.4M), and Gold ($25.1M). During the last 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.6B in 2022 to $889M in 2017.

Exports from Ukraine () to Switzerland () (2022)

Exports from Switzerland () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Switzerland ()

Ukraine Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from Ukraine than Switzerland included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

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

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

Comparative Advantage Ukraine - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ukraine had a large net trade with Switzerland in the exports of Vegetable Products ($32.1M), Animal and Vegetable Bi-Products ($24.9M), and Textiles ($22.9M).

During 2017, Switzerland had a large net trade with Ukraine in the exports of Mineral Products ($600M), Chemical Products ($102M), and Instruments ($37.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Switzerland+$11.2MPackaged Medicaments

Top Product Potential Switzerland Ukraine+$56.4MPackaged 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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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Switzerland () (2022)

Exports from Switzerland () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Switzerland ()

Ukraine Exports

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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