2023
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GDP
$27.7TCURRENT US$
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2013-2023
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GDP GROWTH
64.2%CURRENT US$
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2023
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 GDP
$885BCURRENT US$
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2013-2023
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GDP GROWTH
25.3%CURRENT US$
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2023
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GDP PC 
$82,769CURRENT US$
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2013-2023
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GDP PC GROWTH
55%CURRENT US$
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2023
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GDP PC
$99,565CURRENT US$
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GDP PC GROWTH
14%CURRENT US$
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About

United States-Switzerland Trade: In 2023, United States exported $32.6B to Switzerland. The main products that United States exported to Switzerland were Gold ($15.3B), Vaccines, blood, antisera, toxins and cultures ($3.96B), and Jewellery ($979M). Over the past 5 years the exports of United States to Switzerland have increased at an annualized rate of 9.09%, from $21.1B in 2018 to $32.6B in 2023.

In 2017, United States exported services to Switzerland worth $40.8B, with Other business services ($17.5B), Royalties and license fees ($13.7B), and Financial services ($3.04B) being the largest in terms of value.

Switzerland-United States Trade: In 2023, Switzerland exported $45.1B to United States. The main products that Switzerland exported to United States were Packaged Medicaments ($10.5B), Vaccines, blood, antisera, toxins and cultures ($7.17B), and Base Metal Watches ($3.69B). Over the past 5 years the exports of Switzerland to United States have increased at an annualized rate of 4.7%,  from $35.8B in 2018 to $45.1B in 2023.

In 2019, Switzerland exported services to United States worth $14.4B, with Royalties and license fees ($7.43B), Insurance services ($1.94B), and Computer and information services ($1.49B) being the largest in terms of value.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Company data: In 2023, leading companies such as Robert Bosch (567), Dekalb Farmers Market (13), and Electrolux (1) were at the forefront of exporting goods from Switzerland to the United States. Conversely, Other (358), Sfs Intec Ag (105), and Scintilla Ag (104) were notable for importing products to Switzerland from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $32.6B to Switzerland. The main products exported from United States to Switzerland were Gold ($15.3B), Vaccines, blood, antisera, toxins and cultures ($3.96B), and Jewellery ($979M). During the last 5 years the exports of United States to Switzerland have increased at an annualized rate of 9.09%, from $21.1B in 2018 to $32.6B in 2023.

In 2018, Switzerland exported $45.1B to United States. The main products exported from Switzerland to United States were Packaged Medicaments ($10.5B), Vaccines, blood, antisera, toxins and cultures ($7.17B), and Base Metal Watches ($3.69B). During the last 5 years the exports of Switzerland to United States have increased at an annualized rate of 4.7%, from $35.8B in 2023 to $45.1B in 2018.

Exports from United States (Flag) to Switzerland (Flag) (2023)

Exports from Switzerland (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
Canada$269B
Switzerland
Top Destination
Germany$53.8B

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

In 2023, countries that imported more from United States than Switzerland included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Switzerland than United States included Slovenia ($10.6B), Austria ($11.3B), and Turkey ($19.3B).

Difference in imports from Switzerland (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Switzerland

Flow
Scale

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

During 2023, United States had a large net trade with Switzerland in the exports of N/A.

During 2018, Switzerland had a large net trade with United States in the exports of Chemical Products ($22.2B), Instruments ($9.88B), and Machines ($5B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Switzerland+$281MPackaged Medicaments
Top Product Potential Switzerland United States+$636MVaccines, blood, antisera, toxins and cultures

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

In 2017, United States exported services to Switzerland worth $40.8B, with Other business services ($17.5B), Royalties and license fees ($13.7B), and Financial services ($3.04B) being the largest in terms of value.

In 2019, Switzerland exported services to United States worth $14.4B, with Royalties and license fees ($7.43B), Insurance services ($1.94B), and Computer and information services ($1.49B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Switzerland (Flag) (2017)

Services Exports from Switzerland (Flag) to United States (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Switzerland (Flag) (2023)

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