2022
Flag  
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
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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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
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

Switzerland-Greece Trade: In 2022, Switzerland exported $696M to Greece. The main products that Switzerland exported to Greece were Packaged Medicaments ($204M), Vaccines, blood, antisera, toxins and cultures ($152M), and Base Metal Watches ($74.1M). Over the past 5 years the exports of Switzerland to Greece have increased at an annualized rate of 0.063%, from $693M in 2017 to $696M in 2022.

In 2019, Switzerland exported services to Greece worth $549M, with Financial services ($195M), Transportation ($139M), and Royalties and license fees ($87M) being the largest in terms of value.

Greece-Switzerland Trade: In 2022, Greece exported $264M to Switzerland. The main products that Greece exported to Switzerland were Packaged Medicaments ($30.3M), Utility Meters ($20.4M), and Cheese ($12.3M). Over the past 5 years the exports of Greece to Switzerland have increased at an annualized rate of 7.27%,  from $186M in 2017 to $264M in 2022.

In 2020, Greece exported services to Switzerland worth $724M, with Other business services ($191M), Travel ($171M), and Transportation ($113M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $696M to Greece. The main products exported from Switzerland to Greece were Packaged Medicaments ($204M), Vaccines, blood, antisera, toxins and cultures ($152M), and Base Metal Watches ($74.1M). During the last 5 years the exports of Switzerland to Greece have increased at an annualized rate of 0.063%, from $693M in 2017 to $696M in 2022.

In 2017, Greece exported $264M to Switzerland. The main products exported from Greece to Switzerland were Packaged Medicaments ($30.3M), Utility Meters ($20.4M), and Cheese ($12.3M). During the last 5 years the exports of Greece to Switzerland have increased at an annualized rate of 7.27%, from $186M in 2022 to $264M in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Greece (Flag)

Switzerland Exports

Greece Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Greece
Top Destination
Italy$5.82B

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

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

In 2022, countries that imported more from Greece than Switzerland included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

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

Comparative Advantage Switzerland - Greece

Flow
Scale

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

During 2022, Switzerland had a large net trade with Greece in the exports of Chemical Products ($400M), Instruments ($129M), and Machines ($52.7M).

During 2017, Greece had a large net trade with Switzerland in the exports of Chemical Products ($46.4M), Instruments ($41.5M), and Metals ($31.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Greece+$69.3MPackaged Medicaments
Top Product Potential Greece Switzerland+$40.2MPackaged 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 Greece worth $549M, with Financial services ($195M), Transportation ($139M), and Royalties and license fees ($87M) being the largest in terms of value.

In 2020, Greece exported services to Switzerland worth $724M, with Other business services ($191M), Travel ($171M), and Transportation ($113M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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