Overview In 2023, Switzerland was the number 20 economy in the world in terms of GDP (current US$), the number 17 in total exports, the number 18 in total imports, the number 5 economy in terms of GDP per capita (current US$) and the number 3 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Switzerland are Gold ($109B), Packaged Medicaments ($39.7B), Vaccines, blood, antisera, toxins and cultures ($39.4B), Nitrogen Heterocyclic Compounds ($19.9B), and Base Metal Watches ($19.6B), exporting mostly to Germany ($53.8B), China ($47.7B), United States ($45.1B), Italy ($19.4B), and Turkey ($19.3B).
In 2023, Switzerland was the world's biggest exporter of Gold ($109B), Base Metal Watches ($19.6B), Precious Metal Watches ($12.4B), Hydrazine or Hydroxylamine Derivatives ($697M), and Other Clocks and Watches ($478M)
Imports The top imports of Switzerland are Gold ($111B), Packaged Medicaments ($40B), Vaccines, blood, antisera, toxins and cultures ($17.5B), Cars ($13.9B), and Jewellery ($9.41B), importing mostly from Germany ($66.2B), United States ($32.6B), Italy ($29.3B), France ($21.7B), and China ($19.3B).
In 2023, Switzerland was the world's biggest importer of Gold ($111B), Watch Straps ($787M), Other Clocks and Watches ($488M), Watch Cases and Parts ($419M), and Cereal Straws ($69.9M)
Location Switzerland borders Austria, France, Italy, and Germany by land.