Switzerland / Canada

Switzerland-Canada Trade: In 2022, Switzerland exported $5.56B to Canada. The main products that Switzerland exported to Canada were Vaccines, blood, antisera, toxins and cultures ($1.47B), Nucleic Acids ($1.15B), and Packaged Medicaments ($757M). Over the past 5 years the exports of Switzerland to Canada have increased at an annualized rate of 8.73%, from $3.66B in 2017 to $5.56B in 2022.

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 2022, Canada exported $2.94B to Switzerland. The main products that Canada exported to Switzerland were Gold ($2.19B), Packaged Medicaments ($123M), and Platinum ($122M). Over the past 5 years the exports of Canada to Switzerland have increased at an annualized rate of 9.5%,  from $1.86B in 2017 to $2.94B in 2022.

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 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).