2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
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2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
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About

Switzerland-Portugal Trade: In 2022, Switzerland exported $938M to Portugal. The main products that Switzerland exported to Portugal were Packaged Medicaments ($181M), Vaccines, blood, antisera, toxins and cultures ($178M), and Coffee ($48.5M). Over the past 5 years the exports of Switzerland to Portugal have increased at an annualized rate of 6.61%, from $681M in 2017 to $938M in 2022.

In 2019, Switzerland exported services to Portugal worth $337M, with Financial services ($135M), Royalties and license fees ($78.1M), and Travel ($56.3M) being the largest in terms of value.

Portugal-Switzerland Trade: In 2022, Portugal exported $1.04B to Switzerland. The main products that Portugal exported to Switzerland were Electric Heaters ($75.1M), Cars ($54.6M), and Leather Footwear ($53.9M). Over the past 5 years the exports of Portugal to Switzerland have increased at an annualized rate of 4.52%,  from $830M in 2017 to $1.04B in 2022.

In 2020, Portugal exported services to Switzerland worth $981M, with Travel ($347M), Other business services ($330M), and Transportation ($263M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $938M to Portugal. The main products exported from Switzerland to Portugal were Packaged Medicaments ($181M), Vaccines, blood, antisera, toxins and cultures ($178M), and Coffee ($48.5M). During the last 5 years the exports of Switzerland to Portugal have increased at an annualized rate of 6.61%, from $681M in 2017 to $938M in 2022.

In 2017, Portugal exported $1.04B to Switzerland. The main products exported from Portugal to Switzerland were Electric Heaters ($75.1M), Cars ($54.6M), and Leather Footwear ($53.9M). During the last 5 years the exports of Portugal to Switzerland have increased at an annualized rate of 4.52%, from $830M in 2022 to $1.04B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Portugal (Flag)

Switzerland Exports

Portugal Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Portugal
Top Destination
Spain$20.5B

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

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

In 2022, countries that imported more from Portugal than Switzerland included Spain ($20.5B), Angola ($1.59B), and Gibraltar ($561M).

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

Comparative Advantage Switzerland - Portugal

Flow
Scale

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

During 2022, Switzerland had a large net trade with Portugal in the exports of Chemical Products ($451M), Machines ($139M), and Instruments ($103M).

During 2017, Portugal had a large net trade with Switzerland in the exports of Machines ($161M), Textiles ($126M), and Transportation ($105M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Portugal+$67.9MPackaged Medicaments
Top Product Potential Portugal Switzerland+$51MCars

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 Portugal worth $337M, with Financial services ($135M), Royalties and license fees ($78.1M), and Travel ($56.3M) being the largest in terms of value.

In 2020, Portugal exported services to Switzerland worth $981M, with Travel ($347M), Other business services ($330M), and Transportation ($263M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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