2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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About

United Arab Emirates-Switzerland Trade: In 2022, United Arab Emirates exported $9.3B to Switzerland. The main products that United Arab Emirates exported to Switzerland were Gold ($8.29B), Jewellery ($534M), and Diamonds ($134M). Over the past 5 years the exports of United Arab Emirates to Switzerland have decreased at an annualized rate of 1.48%, from $10B in 2017 to $9.3B in 2022.

In 2022, United Arab Emirates did not export any services to Switzerland.

Switzerland-United Arab Emirates Trade: In 2022, Switzerland exported $5.98B to United Arab Emirates. The main products that Switzerland exported to United Arab Emirates were Gold ($2.74B), Jewellery ($847M), and Base Metal Watches ($679M). Over the past 5 years the exports of Switzerland to United Arab Emirates have increased at an annualized rate of 7.85%,  from $4.1B in 2017 to $5.98B in 2022.

In 2022, Switzerland did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $9.3B to Switzerland. The main products exported from United Arab Emirates to Switzerland were Gold ($8.29B), Jewellery ($534M), and Diamonds ($134M). During the last 5 years the exports of United Arab Emirates to Switzerland have decreased at an annualized rate of 1.48%, from $10B in 2017 to $9.3B in 2022.

In 2017, Switzerland exported $5.98B to United Arab Emirates. The main products exported from Switzerland to United Arab Emirates were Gold ($2.74B), Jewellery ($847M), and Base Metal Watches ($679M). During the last 5 years the exports of Switzerland to United Arab Emirates have increased at an annualized rate of 7.85%, from $4.1B in 2022 to $5.98B in 2017.

Exports from United Arab Emirates (Flag) to Switzerland (Flag) (2022)

Exports from Switzerland (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Switzerland (Flag)

United Arab Emirates Exports

Switzerland Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Switzerland
Top Destination
United States$61.7B

This map shows whether countries import more from United Arab Emirates or Switzerland. Each country is colored based on the difference in imports they receive from United Arab Emirates and Switzerland or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Switzerland included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Switzerland than United Arab Emirates included United States ($61.7B), Germany ($53.5B), and Italy ($22.8B).

Difference in imports from Switzerland (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Switzerland

Flow
Scale

This chart compares trade between United Arab Emirates and Switzerland by product, considering products traded by both, United Arab Emirates and Switzerland.

During 2022, United Arab Emirates had a large net trade with Switzerland in the exports of Precious Metals ($9B), Instruments ($141M), and Metals ($92M).

During 2017, Switzerland had a large net trade with United Arab Emirates in the exports of Precious Metals ($3.73B), Instruments ($1.29B), and Chemical Products ($403M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Switzerland+$39.8MDiamonds
Top Product Potential Switzerland United Arab Emirates+$57.4MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Switzerland. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Switzerland (Flag) (2022)

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