Switzerland / Spain

Switzerland-Spain Trade: In 2023, Switzerland exported $5.57B to Spain. The main products that Switzerland exported to Spain were Vaccines, blood, antisera, toxins and cultures ($1.09B), Packaged Medicaments ($690M), and Nitrogen Heterocyclic Compounds ($636M). Over the past 5 years the exports of Switzerland to Spain have increased at an annualized rate of 1.05%, from $5.28B in 2018 to $5.57B in 2023.

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 2023, Spain exported $10.2B to Switzerland. The main products that Spain exported to Switzerland were Packaged Medicaments ($5.47B), Cars ($830M), and Gold ($653M). Over the past 5 years the exports of Spain to Switzerland have increased at an annualized rate of 12.8%,  from $5.61B in 2018 to $10.2B in 2023.

In 2020, Spain exported services to Switzerland worth $387M, with Travel ($387M) 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).