HS Icon Machinery Having Individual Functions in  Flag Switzerland

2020
Exports | Imports
: $2.54B | $1.14B, World Rnk 11 / 216
Flag Rnk 12 / 1208 | World Rnk 25 / 225
Flag Rnk 31 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $56.9M | $2.88M, Germany |  Netherlands


ECONOMIC COMPLEXITY of Switzerland
: 1.99, Rnk 2 / 127


PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 1.98, Rnk 10 / 1028

Exports In 2020, Switzerland exported $2.54B in Machinery Having Individual Functions, making it the 11th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 12th most exported product in Switzerland. The main destination of Machinery Having Individual Functions exports from Switzerland are: Germany ($719M), United States ($420M), China ($196M), France ($130M), and Netherlands ($97M).

The fastest growing export markets for Machinery Having Individual Functions of Switzerland between 2019 and 2020 were Germany ($56.9M), United States ($54.8M), and Belgium ($29.3M).

Imports In 2020, Switzerland imported $1.14B in Machinery Having Individual Functions, becoming the 25th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 31st most imported product in Switzerland. Switzerland imports Machinery Having Individual Functions primarily from: Germany ($512M), Italy ($120M), China ($74.7M), France ($71.7M), and United States ($54.5M).

The fastest growing import markets in Machinery Having Individual Functions for Switzerland between 2019 and 2020 were Netherlands ($2.88M), Hungary ($2.39M), and Canada ($2.26M).

Tariffs In 2019, the average tariff for Switzerland in Machinery Having Individual Functions was 0.17%. The countries with the highest import tariffs for Machinery Having Individual Functions were Western Sahara (Most Favoured Nation duty rate treatement, 0.67%), Mayotte (Most Favoured Nation duty rate treatement, 0.67%), Reunion (Most Favoured Nation duty rate treatement, 0.67%), Antarctica (Most Favoured Nation duty rate treatement, 0.67%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 0.67%).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Machinery Having Individual Functions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $2.54B

IMPORTS (2020): $1.14B

NET TRADE (2020): $1.4B

In 2020, Switzerland exported $2.54B in Machinery Having Individual Functions. The main destinations of Switzerland exports on Machinery Having Individual Functions were Germany ($719M), United States ($420M), China ($196M), France ($130M), and Netherlands ($97M).

In 2020, Switzerland imported $1.14B in Machinery Having Individual Functions, mainly from Germany ($512M), Italy ($120M), China ($74.7M), France ($71.7M), and United States ($54.5M).

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IN 2020, Switzerland HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2020, Switzerland HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Switzerland WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Switzerland WERE (2019 - 2020):

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Market Concentration

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In 2019, Switzerland's main exporting competitors in Machinery Having Individual Functions were:

In 2019, Switzerland's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 2019, the average tariff for Switzerland in Machinery Having Individual Functions was 0.17%.

The countries with the highest tariffs for Machinery Having Individual Functions in Switzerland were Western Sahara (Most Favoured Nation duty rate treatement, 0.67%), Mayotte (Most Favoured Nation duty rate treatement, 0.67%), Reunion (Most Favoured Nation duty rate treatement, 0.67%), Antarctica (Most Favoured Nation duty rate treatement, 0.67%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 0.67%).