2023
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GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
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GDP GROWTH
-6.16%CURRENT US$
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2023
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 GDP
$885BCURRENT US$
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2013-2023
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GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 195
2023
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GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
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GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
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GDP PC
$99,565CURRENT US$
Rnk 5 / 196
2013-2023
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GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195

About

Ukraine-Switzerland Trade: In 2023, Ukraine exported $170M to Switzerland. The main products that Ukraine exported to Switzerland were Rapeseed ($17M), Seed Oils ($7.78M), and Knit Women's Suits ($6.35M). Over the past 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 4.63%, from $215M in 2018 to $170M in 2023.

In 2020, Ukraine exported services to Switzerland worth $556M, with Transportation ($293M), Other business services ($165M), and Computer and information services ($62.7M) being the largest in terms of value.

Switzerland-Ukraine Trade: In 2023, Switzerland exported $913M to Ukraine. The main products that Switzerland exported to Ukraine were Petroleum Gas ($450M), Gold ($77.3M), and Packaged Medicaments ($52.6M). Over the past 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%,  from $1.64B in 2018 to $913M in 2023.

In 2023, Switzerland did not export any services to Ukraine.

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ukraine exported $170M to Switzerland. The main products exported from Ukraine to Switzerland were Rapeseed ($17M), Seed Oils ($7.78M), and Knit Women's Suits ($6.35M). During the last 5 years the exports of Ukraine to Switzerland have decreased at an annualized rate of 4.63%, from $215M in 2018 to $170M in 2023.

In 2018, Switzerland exported $913M to Ukraine. The main products exported from Switzerland to Ukraine were Petroleum Gas ($450M), Gold ($77.3M), and Packaged Medicaments ($52.6M). During the last 5 years the exports of Switzerland to Ukraine have decreased at an annualized rate of 11.1%, from $1.64B in 2023 to $913M in 2018.

Exports from Ukraine (Flag) to Switzerland (Flag) (2023)

Exports from Switzerland (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Switzerland (Flag)

Ukraine Exports

Switzerland Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Switzerland
Top Destination
Germany$53.8B

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

In 2023, countries that imported more from Ukraine than Switzerland included Romania ($3.56B), Poland ($4.83B), and Moldova ($1.13B).

In 2023, countries that imported more from Switzerland than Ukraine included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

Difference in imports from Switzerland (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Switzerland

Flow
Scale

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

During 2023, Ukraine had a large net trade with Switzerland in the exports of Vegetable Products ($34.2M), Textiles ($31M), and Chemical Products ($17.3M).

During 2018, Switzerland had a large net trade with Ukraine in the exports of Mineral Products ($453M), Chemical Products ($133M), and Precious Metals ($82.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Switzerland+$11.2MPackaged Medicaments
Top Product Potential Switzerland Ukraine+$56.4MPackaged 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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Economic Complexity

Competitive Landscape

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

Product Space of Ukraine (Flag) and Switzerland (Flag) (2023)

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