Switzerland (CHE) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Switzerland-Indonesia Trade: In 2022, Switzerland exported $787M to Indonesia. The main products that Switzerland exported to Indonesia were Gold ($293M), Ink ($29M), and Packaged Medicaments ($26.7M). Over the past 5 years the exports of Switzerland to Indonesia have increased at an annualized rate of 7.28%, from $554M in 2017 to $787M in 2022.

In 2019, Switzerland exported services to Indonesia worth $50.4M, with Travel ($50.4M) being the largest in terms of value.

Indonesia-Switzerland Trade: In 2022, Indonesia exported $2.15B to Switzerland. The main products that Indonesia exported to Switzerland were Precious Metal Scraps ($1.32B), Jewellery ($302M), and Gold ($71.2M). Over the past 5 years the exports of Indonesia to Switzerland have increased at an annualized rate of 5.49%, from $1.64B in 2017 to $2.15B in 2022.

In 2022, Indonesia did not export any services to Switzerland.

Comparison: In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Switzerland exported $787M to Indonesia. The main products exported from Switzerland to Indonesia were Gold ($293M), Ink ($29M), and Packaged Medicaments ($26.7M). During the last 5 years the exports of Switzerland to Indonesia have increased at an annualized rate of 7.28%, from $554M in 2017 to $787M in 2022.

In 2017, Indonesia exported $2.15B to Switzerland. The main products exported from Indonesia to Switzerland were Precious Metal Scraps ($1.32B), Jewellery ($302M), and Gold ($71.2M). During the last 5 years the exports of Indonesia to Switzerland have increased at an annualized rate of 5.49%, from $1.64B in 2022 to $2.15B in 2017.

Exports from Switzerland () to Indonesia () (2022)

Exports from Indonesia () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Indonesia ()

Switzerland Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Switzerland than Indonesia included Germany ($53.5B), United States ($61.7B), and France ($20.4B).

In 2022, countries that imported more from Indonesia than Switzerland included China ($67.7B), Japan ($26.6B), and Malaysia ($15.6B).

Difference in imports from Indonesia () and Switzerland () (2022)

Comparative Advantage Switzerland - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Indonesia in the exports of Precious Metals ($297M), Chemical Products ($194M), and Machines ($103M).

During 2017, Indonesia had a large net trade with Switzerland in the exports of Precious Metals ($1.7B), Footwear and Headwear ($107M), and Textiles ($93.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Indonesia+$133MGold

Top Product Potential Indonesia Switzerland+$78.9MGold

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

Year

This visualization shows the product space at the HS4 level with the flags of Switzerland and Indonesia. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Switzerland.

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Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Indonesia () (2022)

Exports from Indonesia () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Indonesia ()

Switzerland Exports

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Switzerland () (2022)

Comparative Advantage Switzerland - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Indonesia () (2022)

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