Switzerland / Canada

Switzerland-Canada Trade: In 2023, Switzerland exported $4.84B to Canada. The main products that Switzerland exported to Canada were Vaccines, blood, antisera, toxins and cultures ($974M), Packaged Medicaments ($719M), and Base Metal Watches ($326M). Over the past 5 years the exports of Switzerland to Canada have increased at an annualized rate of 5.83%, from $3.65B in 2018 to $4.84B in 2023.

In 2019, Switzerland exported services to Canada worth $984M, with Royalties and license fees ($347M), Computer and information services ($212M), and Transportation ($172M) being the largest in terms of value.

Canada-Switzerland Trade: In 2023, Canada exported $6.71B to Switzerland. The main products that Canada exported to Switzerland were Gold ($5.86B), Packaged Medicaments ($185M), and Gas Turbines ($97.6M). Over the past 5 years the exports of Canada to Switzerland have increased at an annualized rate of 28%,  from $1.95B in 2018 to $6.71B in 2023.

In 2020, Canada exported services to Switzerland worth $433M, with Royalties and license fees ($169M), Financial services ($70.8M), and Computer and information services ($69.3M) being the largest in terms of value.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).