HS Icon Metalworking Machines in  Flag Switzerland

2020
Exports | Imports
: $104M | $20M, World Rnk 7 / 146
Flag Rnk 210 / 1208 | World Rnk 27 / 210
Flag Rnk 680 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.98M | $1.77M, South Korea |  Germany


ECONOMIC COMPLEXITY of Switzerland
: 1.99, Rnk 2 / 127


PRODUCT COMPLEXITY  IN Metalworking Machines
: 2.13, Rnk 5 / 1028

Exports In 2020, Switzerland exported $104M in Metalworking Machines, making it the 7th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 210th most exported product in Switzerland. The main destination of Metalworking Machines exports from Switzerland are: China ($23.2M), Germany ($15.5M), United States ($12M), Chinese Taipei ($11.6M), and South Korea ($10.1M).

The fastest growing export markets for Metalworking Machines of Switzerland between 2019 and 2020 were South Korea ($4.98M), Chinese Taipei ($3.16M), and Turkey ($1.02M).

Imports In 2020, Switzerland imported $20M in Metalworking Machines, becoming the 27th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 680th most imported product in Switzerland. Switzerland imports Metalworking Machines primarily from: Germany ($9.09M), Italy ($3.68M), France ($3.02M), Chinese Taipei ($1.03M), and Netherlands ($748k).

The fastest growing import markets in Metalworking Machines for Switzerland between 2019 and 2020 were Germany ($1.77M), France ($1.76M), and Italy ($690k).

Tariffs In 2019, the average tariff for Switzerland in Metalworking Machines was 0.14%. The countries with the highest import tariffs for Metalworking Machines were Western Sahara (Most Favoured Nation duty rate treatement, 0.55%), Mayotte (Most Favoured Nation duty rate treatement, 0.55%), Reunion (Most Favoured Nation duty rate treatement, 0.55%), Antarctica (Most Favoured Nation duty rate treatement, 0.55%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 0.55%).

Subnational Monthly Trade

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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 Metalworking Machines. 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): $104M

IMPORTS (2020): $20M

NET TRADE (2020): $84.5M

In 2020, Switzerland exported $104M in Metalworking Machines. The main destinations of Switzerland exports on Metalworking Machines were China ($23.2M), Germany ($15.5M), United States ($12M), Chinese Taipei ($11.6M), and South Korea ($10.1M).

In 2020, Switzerland imported $20M in Metalworking Machines, mainly from Germany ($9.09M), Italy ($3.68M), France ($3.02M), Chinese Taipei ($1.03M), and Netherlands ($748k).

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IN 2020, Switzerland HAD A POSITIVE NET TRADE IN Metalworking Machines WITH:

IN 2020, Switzerland HAD A NEGATIVE NET TRADE IN Metalworking Machines WITH:

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THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Switzerland WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Switzerland WERE (2019 - 2020):

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Market Concentration

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In 2019, Switzerland's main exporting competitors in Metalworking Machines were:

In 2019, Switzerland's main importing competitors in Metalworking Machines were:

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Tariffs by Country

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In 2019, the average tariff for Switzerland in Metalworking Machines was 0.14%.

The countries with the highest tariffs for Metalworking Machines in Switzerland were Western Sahara (Most Favoured Nation duty rate treatement, 0.55%), Mayotte (Most Favoured Nation duty rate treatement, 0.55%), Reunion (Most Favoured Nation duty rate treatement, 0.55%), Antarctica (Most Favoured Nation duty rate treatement, 0.55%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 0.55%).