HS Icon Metalworking Machines in  Flag Switzerland

2021
Exports | Imports
: $116M | $15.7M, World Rnk 6 / 149
Flag Rnk 217 / 1210 | World Rnk 31 / 208
Flag Rnk 759 / 1213

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.8M | $1.21M, Italy |  China

2021
ECONOMIC COMPLEXITY of Switzerland
: 1.94, Rnk 2 / 131

2021
PRODUCT COMPLEXITY IN Metalworking Machines
: 2.1, Rnk 4 / 1029

Exports In 2021, Switzerland exported $116M in Metalworking Machines, making it the 6th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 217th most exported product in Switzerland. The main destination of Metalworking Machines exports from Switzerland are: China ($22.6M), Germany ($15.4M), South Korea ($14M), India ($10.1M), and Italy ($9.94M).

The fastest growing export markets for Metalworking Machines of Switzerland between 2020 and 2021 were Italy ($7.8M), India ($7.03M), and Mexico ($6.64M).

Imports In 2021, Switzerland imported $15.7M in Metalworking Machines, becoming the 31st largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 759th most imported product in Switzerland. Switzerland imports Metalworking Machines primarily from: Germany ($7.92M), Italy ($2.51M), China ($1.83M), Chinese Taipei ($1.08M), and Japan ($707k).

The fastest growing import markets in Metalworking Machines for Switzerland between 2020 and 2021 were China ($1.21M), Japan ($236k), and Poland ($78.2k).

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 treatment, 0.55%), Mayotte (Most Favoured Nation duty rate treatment, 0.55%), Reunion (Most Favoured Nation duty rate treatment, 0.55%), Antarctica (Most Favoured Nation duty rate treatment, 0.55%), and French South Antarctic Territory (Most Favoured Nation duty rate treatment, 0.55%).

Subnational Monthly Trade

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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 (2021): $116M

IMPORTS (2021): $15.7M

NET TRADE (2021): $101M

In 2021, Switzerland exported $116M in Metalworking Machines. The main destinations of Switzerland exports on Metalworking Machines were China ($22.6M), Germany ($15.4M), South Korea ($14M), India ($10.1M), and Italy ($9.94M).

In 2021, Switzerland imported $15.7M in Metalworking Machines, mainly from Germany ($7.92M), Italy ($2.51M), China ($1.83M), Chinese Taipei ($1.08M), and Japan ($707k).

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THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Switzerland WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Switzerland WERE (2020 - 2021):

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Market Concentration

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In 2021, Switzerland's main exporting competitors in Metalworking Machines were:

In 2021, Switzerland's main importing competitors in Metalworking Machines were:

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