Switzerland-Norway Trade: In 2022, Switzerland exported $806M to Norway. The main products that Switzerland exported to Norway were Vaccines, blood, antisera, toxins and cultures ($124M), Packaged Medicaments ($112M), and Base Metal Watches ($37.7M). Over the past 5 years the exports of Switzerland to Norway have decreased at an annualized rate of 1.28%, from $860M in 2017 to $806M in 2022.
In 2019, Switzerland exported services to Norway worth $265M, with Royalties and license fees ($109M), Computer and information services ($88.6M), and Travel ($33.5M) being the largest in terms of value.
Norway-Switzerland Trade: In 2022, Norway exported $565M to Switzerland. The main products that Norway exported to Switzerland were Gold ($110M), Raw Aluminium ($61.5M), and Petroleum Gas ($41.8M). Over the past 5 years the exports of Norway to Switzerland have increased at an annualized rate of 3.91%, from $432M in 2017 to $565M in 2022.
In 2010, Norway exported services to Switzerland worth $774M, with Services not allocated ($389M), Other business services ($208M), and Travel ($58.8M) 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).