2023
Flag  
GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
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GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC 
$99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
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GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Switzerland-Algeria Trade: In 2023, Switzerland exported $246M to Algeria. The main products that Switzerland exported to Algeria were Vaccines, blood, antisera, toxins and cultures ($71.2M), Packaged Medicaments ($33.2M), and Gas Turbines ($28M). Over the past 5 years the exports of Switzerland to Algeria have decreased at an annualized rate of 9.63%, from $408M in 2018 to $246M in 2023.

In 2023, Switzerland did not export any services to Algeria.

Algeria-Switzerland Trade: In 2023, Algeria exported $129M to Switzerland. The main products that Algeria exported to Switzerland were Crude Petroleum ($113M), Hydrogen ($8.1M), and Nitrogenous Fertilizers ($2.86M). Over the past 5 years the exports of Algeria to Switzerland have increased at an annualized rate of 26.4%,  from $40M in 2018 to $129M in 2023.

In 2023, Algeria did not export any services to Switzerland.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Switzerland exported $246M to Algeria. The main products exported from Switzerland to Algeria were Vaccines, blood, antisera, toxins and cultures ($71.2M), Packaged Medicaments ($33.2M), and Gas Turbines ($28M). During the last 5 years the exports of Switzerland to Algeria have decreased at an annualized rate of 9.63%, from $408M in 2018 to $246M in 2023.

In 2018, Algeria exported $129M to Switzerland. The main products exported from Algeria to Switzerland were Crude Petroleum ($113M), Hydrogen ($8.1M), and Nitrogenous Fertilizers ($2.86M). During the last 5 years the exports of Algeria to Switzerland have increased at an annualized rate of 26.4%, from $40M in 2023 to $129M in 2018.

Exports from Switzerland (Flag) to Algeria (Flag) (2023)

Exports from Algeria (Flag) to Switzerland (Flag) (2023)

Latest Data

Trade between Switzerland (Flag) and Algeria (Flag)

Switzerland Exports

Algeria Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Algeria
Top Destination
Italy$15.2B

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

In 2023, countries that imported more from Switzerland than Algeria included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Algeria than Switzerland included Tunisia ($1.81B), Spain ($6.73B), and Portugal ($1.01B).

Difference in imports from Algeria (Flag) and Switzerland (Flag) (2023)

Comparative Advantage Switzerland - Algeria

Flow
Scale

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

During 2023, Switzerland had a large net trade with Algeria in the exports of Chemical Products ($141M), Machines ($50.9M), and Foodstuffs ($26.5M).

During 2018, Algeria had a large net trade with Switzerland in the exports of Mineral Products ($113M), Chemical Products ($11M), and Machines ($3.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Algeria+$44.2MPackaged Medicaments
Top Product Potential Algeria Switzerland+$70.9MCrude Petroleum

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 Switzerland and Algeria. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Algeria (Flag) (2023)

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