2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 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 PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%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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About

Romania-Switzerland Trade: In 2022, Romania exported $952M to Switzerland. The main products that Romania exported to Switzerland were Cars ($107M), Rubber Tires ($57.3M), and Packaged Medicaments ($55.5M). Over the past 5 years the exports of Romania to Switzerland have increased at an annualized rate of 8.31%, from $639M in 2017 to $952M in 2022.

In 2020, Romania exported services to Switzerland worth $1.12B, with Other business services ($647M), Computer and information services ($283M), and Transportation ($131M) being the largest in terms of value.

Switzerland-Romania Trade: In 2022, Switzerland exported $1.79B to Romania. The main products that Switzerland exported to Romania were Packaged Medicaments ($398M), Nitrogen Heterocyclic Compounds ($321M), and Nucleic Acids ($292M). Over the past 5 years the exports of Switzerland to Romania have increased at an annualized rate of 21.1%,  from $686M in 2017 to $1.79B in 2022.

In 2019, Switzerland exported services to Romania worth $169M, with Royalties and license fees ($75.8M), Computer and information services ($33.7M), and Travel ($22.1M) being the largest in terms of value.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $952M to Switzerland. The main products exported from Romania to Switzerland were Cars ($107M), Rubber Tires ($57.3M), and Packaged Medicaments ($55.5M). During the last 5 years the exports of Romania to Switzerland have increased at an annualized rate of 8.31%, from $639M in 2017 to $952M in 2022.

In 2017, Switzerland exported $1.79B to Romania. The main products exported from Switzerland to Romania were Packaged Medicaments ($398M), Nitrogen Heterocyclic Compounds ($321M), and Nucleic Acids ($292M). During the last 5 years the exports of Switzerland to Romania have increased at an annualized rate of 21.1%, from $686M in 2022 to $1.79B in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Switzerland (Flag)

Romania Exports

Switzerland Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Switzerland
Top Destination
United States$61.7B

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

In 2022, countries that imported more from Romania than Switzerland included Hungary ($6.75B), Bulgaria ($3.9B), and Moldova ($2.14B).

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

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

Comparative Advantage Romania - Switzerland

Flow
Scale

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

During 2022, Romania had a large net trade with Switzerland in the exports of Machines ($279M), Transportation ($138M), and Textiles ($122M).

During 2017, Switzerland had a large net trade with Romania in the exports of Chemical Products ($1.2B), Machines ($263M), and Transportation ($88.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Switzerland+$75.9MCars
Top Product Potential Switzerland Romania+$96.8MPackaged 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 2020, Romania exported services to Switzerland worth $1.12B, with Other business services ($647M), Computer and information services ($283M), and Transportation ($131M) being the largest in terms of value.

In 2019, Switzerland exported services to Romania worth $169M, with Royalties and license fees ($75.8M), Computer and information services ($33.7M), and Travel ($22.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Switzerland (Flag) (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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