2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Switzerland-Finland Trade: In 2022, Switzerland exported $790M to Finland. The main products that Switzerland exported to Finland were Vaccines, blood, antisera, toxins and cultures ($95.4M), Packaged Medicaments ($79.4M), and Gold ($75.9M). Over the past 5 years the exports of Switzerland to Finland have decreased at an annualized rate of 4.25%, from $982M in 2017 to $790M in 2022.

In 2019, Switzerland exported services to Finland worth $277M, with Computer and information services ($121M), Royalties and license fees ($82.1M), and Travel ($27.4M) being the largest in terms of value.

Finland-Switzerland Trade: In 2022, Finland exported $1.69B to Switzerland. The main products that Finland exported to Switzerland were Gold ($916M), Precious Metal Ore ($146M), and Non-Iron and Steel Slag, Ash and Residues ($69.4M). Over the past 5 years the exports of Finland to Switzerland have increased at an annualized rate of 10.8%,  from $1.02B in 2017 to $1.69B in 2022.

In 2020, Finland exported services to Switzerland worth $748M, with Other business services ($376M), Transportation ($170M), and Computer and information services ($124M) 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $790M to Finland. The main products exported from Switzerland to Finland were Vaccines, blood, antisera, toxins and cultures ($95.4M), Packaged Medicaments ($79.4M), and Gold ($75.9M). During the last 5 years the exports of Switzerland to Finland have decreased at an annualized rate of 4.25%, from $982M in 2017 to $790M in 2022.

In 2017, Finland exported $1.69B to Switzerland. The main products exported from Finland to Switzerland were Gold ($916M), Precious Metal Ore ($146M), and Non-Iron and Steel Slag, Ash and Residues ($69.4M). During the last 5 years the exports of Finland to Switzerland have increased at an annualized rate of 10.8%, from $1.02B in 2022 to $1.69B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Finland (Flag)

Switzerland Exports

Finland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Switzerland than Finland included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Finland than Switzerland included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

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

Comparative Advantage Switzerland - Finland

Flow
Scale

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

During 2022, Switzerland had a large net trade with Finland in the exports of Chemical Products ($210M), Machines ($200M), and Metals ($97.9M).

During 2017, Finland had a large net trade with Switzerland in the exports of Precious Metals ($981M), Mineral Products ($217M), and Machines ($126M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Finland+$44.1MPackaged Medicaments
Top Product Potential Finland Switzerland+$16.8MPackaged 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 Finland worth $277M, with Computer and information services ($121M), Royalties and license fees ($82.1M), and Travel ($27.4M) being the largest in terms of value.

In 2020, Finland exported services to Switzerland worth $748M, with Other business services ($376M), Transportation ($170M), and Computer and information services ($124M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Finland (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 Finland. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Switzerland.

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

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