2022
Flag  
GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
Flag
 GDP
$808BCURRENT US$
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2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
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2022
Flag
GDP PC 
$4,164CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
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2022
Flag
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

Vietnam-Switzerland In 2022, Vietnam exported $1.6B to Switzerland. The main products that Vietnam exported to Switzerland are Broadcasting Equipment ($277M), Textile Footwear ($154M), and Leather Footwear ($116M). During the last 27 years the exports of Vietnam to Switzerland have increased at an annualized rate of 15.9%, from $29.5M in 1995 to $1.6B in 2022.

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

Switzerland-Vietnam In 2022, Switzerland exported $586M to Vietnam. The main products that Switzerland exported to Vietnam were Integrated Circuits ($99.7M), Packaged Medicaments ($75.2M), and Vaccines, blood, antisera, toxins and cultures ($43.1M). During the last 27 years the exports of Switzerland to Vietnam have increased at an annualized rate of 12.1%, from $26.9M in 1995 to $586M in 2022.

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

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $1.6B to Switzerland. The main products exported from Vietnam to Switzerland were Broadcasting Equipment ($277M), Textile Footwear ($154M), and Leather Footwear ($116M). During the last 27 years the exports of Vietnam to Switzerland have increased at an annualized rate of 15.9%, from $29.5M in 1995 to $1.6B in 2022.

In 2022, Switzerland exported $586M to Vietnam. The main products exported from Switzerland to Vietnam were Integrated Circuits ($99.7M), Packaged Medicaments ($75.2M), and Vaccines, blood, antisera, toxins and cultures ($43.1M). During the last 27 years the exports of Switzerland to Vietnam have increased at an annualized rate of 12.1%, from $26.9M in 1995 to $586M in 2022.

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

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

Latest Data

Trade between Vietnam (Flag) and Switzerland (Flag)

Switzerland Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Switzerland
Top Destination
United States$61.7B

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

In 2021, countries that imported more from Vietnam than Switzerland were United States ($117B), South Korea ($25.2B), and Japan ($25B).

In 2021, countries that imported more from Switzerland than Vietnam were Germany ($53.5B), Italy ($22.8B), and France ($20.4B).

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

Comparative Advantage Vietnam - Switzerland

Flow
Scale

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

During 2022, Vietnam had a large net trade with Switzerland in the exports of Machines ($471M), Footwear and Headwear ($337M), and Textiles ($324M).

During 2022, Switzerland had a large net trade with Vietnam in the exports of Machines ($242M), Chemical Products ($184M), and Instruments ($76.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over Vietnam.

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

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