2022
Exports
$64.2MWorld Rnk 18 / 159
Flag Rnk 323 / 1211
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$74.9MWorld Rnk 23 / 209
Flag Rnk 427 / 1213
2022
ECONOMIC COMPLEXITY of Switzerland
1.97Rnk 2 / 133

About

Exports In 2022, Switzerland exported $64.2M in Electric Furnaces, making it the 18th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 323rd most exported product in Switzerland. The main destination of Electric Furnaces exports from Switzerland are: Italy ($12.7M), Germany ($8.17M), China ($5.86M), United States ($5.49M), and France ($4.66M).

The fastest growing export markets for Electric Furnaces of Switzerland between 2021 and 2022 were Hong Kong ($1.53M), France ($1.5M), and Japan ($1.22M).

Imports In 2022, Switzerland imported $74.9M in Electric Furnaces, becoming the 23rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 427th most imported product in Switzerland. Switzerland imports Electric Furnaces primarily from: Germany ($38.1M), Italy ($13.8M), France ($3.54M), Czechia ($2.93M), and United Kingdom ($2.77M).

The fastest growing import markets in Electric Furnaces for Switzerland between 2021 and 2022 were United Kingdom ($2.06M), Japan ($1.37M), and Czechia ($681k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.2M
IMPORTS (2022)$74.9M
NET TRADE (2022)-$10.7M

In 2022, Switzerland exported $64.2M in Electric Furnaces. The main destinations of Switzerland exports on Electric Furnaces were Italy ($12.7M), Germany ($8.17M), China ($5.86M), United States ($5.49M), and France ($4.66M).

In 2022, Switzerland imported $74.9M in Electric Furnaces, mainly from Germany ($38.1M), Italy ($13.8M), France ($3.54M), Czechia ($2.93M), and United Kingdom ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
Hong Kong$1.53M (51.4%)
France$1.5M (47.4%)
Japan$1.22M (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Switzerland WERE (2021 - 2022):
Germany-$5.3M (-39.4%)
Russia-$2.65M (-59.3%)
United States-$1.44M (-20.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Switzerland's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Switzerland's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.51M
TOP IMPORT POTENTIALItaly+ $5.83M

Electric Furnaces’s highest export potential is Germany. With an export gap of $4.51M.   Electric Furnaces’s highest import potential is Italy with an import gap of $5.83M.

See methodology.

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