HS Icon Mill Machinery in  Flag Switzerland

2020
Exports | Imports
: $157M | $33.7M, World Rnk 3 / 143
Flag Rnk 167 / 1208 | World Rnk 15 / 197
Flag Rnk 555 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $29.2M | $8M, Bangladesh |  China


ECONOMIC COMPLEXITY of Switzerland
: 1.99, Rnk 2 / 127


PRODUCT COMPLEXITY  IN Mill Machinery
: 0.23, Rnk 470 / 1028

Exports In 2020, Switzerland exported $157M in Mill Machinery, making it the 3rd largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 167th most exported product in Switzerland. The main destination of Mill Machinery exports from Switzerland are: Bangladesh ($30.3M), Germany ($18.7M), United States ($12.7M), United Kingdom ($10.3M), and Indonesia ($9.11M).

The fastest growing export markets for Mill Machinery of Switzerland between 2019 and 2020 were Bangladesh ($29.2M), United Kingdom ($6.98M), and Germany ($4.25M).

Imports In 2020, Switzerland imported $33.7M in Mill Machinery, becoming the 15th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 555th most imported product in Switzerland. Switzerland imports Mill Machinery primarily from: China ($13.4M), Germany ($9.13M), Spain ($2.16M), United Kingdom ($2.1M), and Italy ($1.42M).

The fastest growing import markets in Mill Machinery for Switzerland between 2019 and 2020 were China ($8M), United Kingdom ($819k), and Netherlands ($332k).

Tariffs In 2019, the average tariff for Switzerland in Mill Machinery was 0.23%. The countries with the highest import tariffs for Mill Machinery were Western Sahara (Most Favoured Nation duty rate treatement, 0.88%), Mayotte (Most Favoured Nation duty rate treatement, 0.88%), Reunion (Most Favoured Nation duty rate treatement, 0.88%), Antarctica (Most Favoured Nation duty rate treatement, 0.88%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 0.88%).

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 Mill Machinery. 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): $157M

IMPORTS (2020): $33.7M

NET TRADE (2020): $124M

In 2020, Switzerland exported $157M in Mill Machinery. The main destinations of Switzerland exports on Mill Machinery were Bangladesh ($30.3M), Germany ($18.7M), United States ($12.7M), United Kingdom ($10.3M), and Indonesia ($9.11M).

In 2020, Switzerland imported $33.7M in Mill Machinery, mainly from China ($13.4M), Germany ($9.13M), Spain ($2.16M), United Kingdom ($2.1M), and Italy ($1.42M).

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IN 2020, Switzerland HAD A POSITIVE NET TRADE IN Mill Machinery WITH:

IN 2020, Switzerland HAD A NEGATIVE NET TRADE IN Mill Machinery WITH:

Flow

THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Switzerland WERE (2019 - 2020):

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

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Market Concentration

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In 2019, Switzerland's main exporting competitors in Mill Machinery were:

In 2019, Switzerland's main importing competitors in Mill Machinery were:

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