2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Switzerland-Germany Trade: In 2022, Switzerland exported $53.5B to Germany. The main products that Switzerland exported to Germany were Vaccines, blood, antisera, toxins and cultures ($6.49B), Gold ($6.36B), and Packaged Medicaments ($3.18B). Over the past 5 years the exports of Switzerland to Germany have increased at an annualized rate of 3.15%, from $45.8B in 2017 to $53.5B in 2022.

In 2019, Switzerland exported services to Germany worth $11.4B, with Travel ($2.85B), Transportation ($2.67B), and Computer and information services ($1.86B) being the largest in terms of value.

Germany-Switzerland Trade: In 2022, Germany exported $76.1B to Switzerland. The main products that Germany exported to Switzerland were Packaged Medicaments ($6B), Cars ($4.71B), and Vaccines, blood, antisera, toxins and cultures ($3.88B). Over the past 5 years the exports of Germany to Switzerland have increased at an annualized rate of 5.05%,  from $59.5B in 2017 to $76.1B in 2022.

In 2020, Germany exported services to Switzerland worth $21.5B, with Other business services ($9.35B), Royalties and license fees ($3.22B), and Transportation ($3.08B) 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $53.5B to Germany. The main products exported from Switzerland to Germany were Vaccines, blood, antisera, toxins and cultures ($6.49B), Gold ($6.36B), and Packaged Medicaments ($3.18B). During the last 5 years the exports of Switzerland to Germany have increased at an annualized rate of 3.15%, from $45.8B in 2017 to $53.5B in 2022.

In 2017, Germany exported $76.1B to Switzerland. The main products exported from Germany to Switzerland were Packaged Medicaments ($6B), Cars ($4.71B), and Vaccines, blood, antisera, toxins and cultures ($3.88B). During the last 5 years the exports of Germany to Switzerland have increased at an annualized rate of 5.05%, from $59.5B in 2022 to $76.1B in 2017.

Exports from Switzerland (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Germany (Flag)

Switzerland Exports

Germany Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Switzerland than Germany included Slovenia ($11.7B), Singapore ($9.81B), and Hong Kong ($7.58B).

In 2022, countries that imported more from Germany than Switzerland included Netherlands ($109B), France ($120B), and United States ($153B).

Difference in imports from Germany (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Germany

Flow
Scale

This chart compares trade between Switzerland and Germany by product, considering products traded by both, Switzerland and Germany.

During 2022, Switzerland had a large net trade with Germany in the exports of Chemical Products ($16.6B), Machines ($9.04B), and Precious Metals ($7.5B).

During 2017, Germany had a large net trade with Switzerland in the exports of Chemical Products ($14.5B), Machines ($12.8B), and Mineral Products ($11.4B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Germany+$1.74BPackaged Medicaments
Top Product Potential Germany Switzerland+$1.4BPackaged 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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Bilateral Service Trade

In 2019, Switzerland exported services to Germany worth $11.4B, with Travel ($2.85B), Transportation ($2.67B), and Computer and information services ($1.86B) being the largest in terms of value.

In 2020, Germany exported services to Switzerland worth $21.5B, with Other business services ($9.35B), Royalties and license fees ($3.22B), and Transportation ($3.08B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Germany (Flag) (2019)

Services Exports from Germany (Flag) to Switzerland (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Germany (Flag) (2022)

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