2023
Flag  
GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 195
2023
Flag
GDP PC 
$99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
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About

Switzerland-Chinese Taipei Trade: In 2023, Switzerland exported $2.13B to Chinese Taipei. The main products that Switzerland exported to Chinese Taipei were Base Metal Watches ($260M), Gold ($259M), and Precious Metal Watches ($247M). Over the past 5 years the exports of Switzerland to Chinese Taipei have increased at an annualized rate of 1.74%, from $1.95B in 2018 to $2.13B in 2023.

In 2023, Switzerland did not export any services to Chinese Taipei.

Chinese Taipei-Switzerland Trade: In 2023, Chinese Taipei exported $1.55B to Switzerland. The main products that Chinese Taipei exported to Switzerland were Integrated Circuits ($214M), Broadcasting Equipment ($140M), and Computers ($95.3M). Over the past 5 years the exports of Chinese Taipei to Switzerland have increased at an annualized rate of 3.78%,  from $1.29B in 2018 to $1.55B in 2023.

In 2023, Chinese Taipei did not export any services to Switzerland.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Switzerland exported $2.13B to Chinese Taipei. The main products exported from Switzerland to Chinese Taipei were Base Metal Watches ($260M), Gold ($259M), and Precious Metal Watches ($247M). During the last 5 years the exports of Switzerland to Chinese Taipei have increased at an annualized rate of 1.74%, from $1.95B in 2018 to $2.13B in 2023.

In 2018, Chinese Taipei exported $1.55B to Switzerland. The main products exported from Chinese Taipei to Switzerland were Integrated Circuits ($214M), Broadcasting Equipment ($140M), and Computers ($95.3M). During the last 5 years the exports of Chinese Taipei to Switzerland have increased at an annualized rate of 3.78%, from $1.29B in 2023 to $1.55B in 2018.

Exports from Switzerland (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Switzerland (Flag) (2023)

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Switzerland than Chinese Taipei included Germany ($53.8B), Turkey ($19.3B), and Italy ($19.4B).

In 2023, countries that imported more from Chinese Taipei than Switzerland included China ($101B), Hong Kong ($66.1B), and United States ($85.6B).

Difference in imports from Chinese Taipei (Flag) and Switzerland (Flag) (2023)

Comparative Advantage Switzerland - Chinese Taipei

Flow
Scale

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

During 2023, Switzerland had a large net trade with Chinese Taipei in the exports of Instruments ($673M), Chemical Products ($608M), and Machines ($363M).

During 2018, Chinese Taipei had a large net trade with Switzerland in the exports of Machines ($882M), Transportation ($199M), and Metals ($141M).

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Chinese Taipei (Flag) (2023)

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