2023
Exports
$58.5MWorld Rnk 13 / 97
Flag Rnk 314 / 1211
2023
PRODUCT COMPLEXITY IN Nitrile Compounds
1.01Rnk 172 / 1025
2023
Imports
$84.1MWorld Rnk 17 / 172
Flag Rnk 394 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $58.5M in Nitrile Compounds, making it the 13th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 314th most exported product in Switzerland. The main destination of Nitrile Compounds exports from Switzerland are: China ($15.6M), Germany ($15.6M), France ($9.75M), United States ($6.4M), and India ($6.2M).

The fastest growing export markets for Nitrile Compounds of Switzerland between 2022 and 2023 were Germany ($7.84M), China ($4.53M), and France ($1.79M).

Imports In 2023, Switzerland imported $84.1M in Nitrile Compounds, becoming the 17th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 394th most imported product in Switzerland. Switzerland imports Nitrile Compounds primarily from: China ($36.4M), United States ($11.7M), Germany ($11.7M), India ($6.16M), and France ($4.21M).

The fastest growing import markets in Nitrile Compounds for Switzerland between 2022 and 2023 were China ($2.66M), Belgium ($1.93M), and United States ($1.72M).

Latest Trends

Jan 2025

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 Nitrile Compounds. 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 (2023)$58.5M
IMPORTS (2023)$84.1M
NET TRADE (2023)-$25.5M

In 2023, Switzerland exported $58.5M in Nitrile Compounds. The main destinations of Switzerland exports on Nitrile Compounds were China ($15.6M), Germany ($15.6M), France ($9.75M), United States ($6.4M), and India ($6.2M).

In 2023, Switzerland imported $84.1M in Nitrile Compounds, mainly from China ($36.4M), United States ($11.7M), Germany ($11.7M), India ($6.16M), and France ($4.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
Germany$7.84M (101%)
China$4.53M (40.8%)
France$1.79M (22.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Switzerland WERE (2022 - 2023):
Israel-$2.94M (-100%)
Belgium-$2.72M (-88.5%)
Malaysia-$2.22M (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in Nitrile Compounds were:
In 2023, Switzerland's main importing competitors in Nitrile Compounds were:
India $547M
China $407M

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.21M
TOP IMPORT POTENTIALGermany+ $5.57M

Nitrile Compounds’s highest export potential is France. With an export gap of $4.21M.   Nitrile Compounds’s highest import potential is Germany with an import gap of $5.57M.

See methodology.

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