Overview In 2020, Switzerland was the number 18 economy in the world in terms of GDP (current US$), the number 15 in total exports, the number 16 in total imports,
the number 4 economy in terms of GDP per capita (current US$) and the number 2 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Switzerland are Gold ($68.5B), Packaged Medicaments ($46.3B), Vaccines, blood, antisera, toxins and cultures ($30.2B), Base Metal Watches ($11.5B), and Nitrogen Heterocyclic Compounds ($11.4B), exporting mostly to United States ($62B), Germany ($49.2B), China ($17.3B), France ($16.3B), and United Kingdom ($14.5B).
In 2020, Switzerland was the world's biggest exporter of Gold ($68.5B), Base Metal Watches ($11.5B), Precious Metal Watches ($6.07B), Hydrazine or Hydroxylamine Derivatives ($495M), and Other Clocks and Watches ($317M)
Imports The top imports of Switzerland are Gold ($87.4B), Packaged Medicaments ($26.6B), Vaccines, blood, antisera, toxins and cultures ($11.8B), Cars ($9.65B), and Jewellery ($7.83B), importing mostly from Germany ($62.7B), Italy ($25.1B), United States ($19.7B), France ($16.3B), and China ($14.9B).
In 2020, Switzerland was the world's biggest importer of Gold ($87.4B), Watch Straps ($451M), Other Clocks and Watches ($280M), Watch Cases and Parts ($274M), and Gold Clad Metals ($17.2M)
Location Switzerland borders Austria, France, Italy, and Germany by land.