2023
Exports
$3.61MWorld Rnk 18 / 169
Flag Rnk 743 / 1211
2023
PRODUCT COMPLEXITY IN String Instruments
0.42Rnk 400 / 1025
2023
Imports
$12.8MWorld Rnk 17 / 205
Flag Rnk 793 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $3.61M in String Instruments, making it the 18th largest exporter of String Instruments in the world. At the same year, String Instruments was the 743rd most exported product in Switzerland. The main destination of String Instruments exports from Switzerland are: Hong Kong ($2.34M), United States ($358k), Italy ($201k), France ($122k), and Romania ($96.9k).

The fastest growing export markets for String Instruments of Switzerland between 2022 and 2023 were Hong Kong ($2.21M), United States ($159k), and Italy ($123k).

Imports In 2023, Switzerland imported $12.8M in String Instruments, becoming the 17th largest importer of String Instruments in the world. At the same year, String Instruments was the 793rd most imported product in Switzerland. Switzerland imports String Instruments primarily from: United States ($2.67M), Germany ($2.33M), China ($2.08M), Italy ($1.31M), and France ($1.13M).

The fastest growing import markets in String Instruments for Switzerland between 2022 and 2023 were France ($450k), United States ($379k), and Italy ($298k).

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 String Instruments. 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)$3.61M
IMPORTS (2023)$12.8M
NET TRADE (2023)-$9.21M

In 2023, Switzerland exported $3.61M in String Instruments. The main destinations of Switzerland exports on String Instruments were Hong Kong ($2.34M), United States ($358k), Italy ($201k), France ($122k), and Romania ($96.9k).

In 2023, Switzerland imported $12.8M in String Instruments, mainly from United States ($2.67M), Germany ($2.33M), China ($2.08M), Italy ($1.31M), and France ($1.13M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
Hong Kong$2.21M (1.66k%)
United States$159k (79.8%)
Italy$123k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Switzerland WERE (2022 - 2023):
Malta-$1.29M (-100%)
Germany-$471k (-87.5%)
Bahamas-$392k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in String Instruments were:
In 2023, Switzerland's main importing competitors in String Instruments were:

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $302k
TOP IMPORT POTENTIALChina+ $726k

String Instruments’s highest export potential is Germany. With an export gap of $302k.   String Instruments’s highest import potential is China with an import gap of $726k.

See methodology.

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