Switzerland / Spain

Switzerland-Spain Trade: In 2022, Switzerland exported $9.99B to Spain. The main products that Switzerland exported to Spain were Vaccines, blood, antisera, toxins and cultures ($2.62B), Nitrogen Heterocyclic Compounds ($1.84B), and Sulfonamides ($986M). Over the past 5 years the exports of Switzerland to Spain have increased at an annualized rate of 13.2%, from $5.38B in 2017 to $9.99B in 2022.

In 2019, Switzerland exported services to Spain worth $1.79B, with Royalties and license fees ($763M), Computer and information services ($310M), and Financial services ($310M) being the largest in terms of value.

Spain-Switzerland Trade: In 2022, Spain exported $8.37B to Switzerland. The main products that Spain exported to Switzerland were Packaged Medicaments ($4.63B), Cars ($648M), and Jewellery ($233M). Over the past 5 years the exports of Spain to Switzerland have increased at an annualized rate of 10.8%,  from $5B in 2017 to $8.37B in 2022.

In 2020, Spain exported services to Switzerland worth $387M, with Travel ($387M) 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).