Singapore (SGP) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Singapore-Switzerland Trade: In 2022, Singapore exported $4.55B to Switzerland. The main products that Singapore exported to Switzerland were Packaged Medicaments ($2.75B), Vaccines, blood, antisera, toxins and cultures ($569M), and Gold ($418M). Over the past 5 years the exports of Singapore to Switzerland have increased at an annualized rate of 12.6%, from $2.51B in 2017 to $4.55B in 2022.

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

Switzerland-Singapore Trade: In 2022, Switzerland exported $9.81B to Singapore. The main products that Switzerland exported to Singapore were Gold ($3.62B), Nitrogen Heterocyclic Compounds ($2.21B), and Base Metal Watches ($890M). Over the past 5 years the exports of Switzerland to Singapore have increased at an annualized rate of 4.64%, from $7.82B in 2017 to $9.81B in 2022.

In 2019, Switzerland exported services to Singapore worth $1.94B, with Transportation ($584M), Royalties and license fees ($460M), and Financial services ($354M) being the largest in terms of value.

Comparison: In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $4.55B to Switzerland. The main products exported from Singapore to Switzerland were Packaged Medicaments ($2.75B), Vaccines, blood, antisera, toxins and cultures ($569M), and Gold ($418M). During the last 5 years the exports of Singapore to Switzerland have increased at an annualized rate of 12.6%, from $2.51B in 2017 to $4.55B in 2022.

In 2017, Switzerland exported $9.81B to Singapore. The main products exported from Switzerland to Singapore were Gold ($3.62B), Nitrogen Heterocyclic Compounds ($2.21B), and Base Metal Watches ($890M). During the last 5 years the exports of Switzerland to Singapore have increased at an annualized rate of 4.64%, from $7.82B in 2022 to $9.81B in 2017.

Exports from Singapore () to Switzerland () (2022)

Exports from Switzerland () to Singapore () (2022)

Latest Data

Trade between Singapore () and Switzerland ()

Singapore Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from Singapore than Switzerland included Hong Kong ($51.6B), Malaysia ($35.9B), and Indonesia ($22.5B).

In 2022, countries that imported more from Switzerland than Singapore included Germany ($53.5B), United States ($61.7B), and Italy ($22.8B).

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

Comparative Advantage Singapore - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Switzerland in the exports of Chemical Products ($3.35B), Precious Metals ($714M), and Instruments ($287M).

During 2017, Switzerland had a large net trade with Singapore in the exports of Precious Metals ($4.28B), Chemical Products ($2.82B), and Instruments ($1.88B).

Bilateral Service Trade

Che Year

In 2019, Switzerland exported services to Singapore worth $1.94B, with Transportation ($584M), Royalties and license fees ($460M), and Financial services ($354M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland () to Singapore () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Switzerland () (2022)

Exports from Switzerland () to Singapore () (2022)

Latest Data

Trade between Singapore () and Switzerland ()

Singapore Exports

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Singapore - Switzerland

Bilateral Service Trade

Services Exports from Switzerland () to Singapore () (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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