2023
Exports
$10.1MWorld Rnk 13 / 187
Flag Rnk 590 / 1211
2023
PRODUCT COMPLEXITY IN Tool Sets
1.14Rnk 126 / 1025
2023
Imports
$22.9MWorld Rnk 14 / 219
Flag Rnk 669 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $10.1M in Tool Sets, making it the 13th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 590th most exported product in Switzerland. The main destination of Tool Sets exports from Switzerland are: Germany ($4M), United Arab Emirates ($1.28M), Norway ($680k), China ($398k), and Netherlands ($338k).

The fastest growing export markets for Tool Sets of Switzerland between 2022 and 2023 were India ($189k), Singapore ($166k), and Italy ($130k).

Imports In 2023, Switzerland imported $22.9M in Tool Sets, becoming the 14th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 669th most imported product in Switzerland. Switzerland imports Tool Sets primarily from: China ($9.56M), Germany ($6.05M), Chinese Taipei ($2.92M), France ($656k), and Netherlands ($624k).

The fastest growing import markets in Tool Sets for Switzerland between 2022 and 2023 were Germany ($1.21M), United States ($406k), and Netherlands ($312k).

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 Tool Sets. 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)$10.1M
IMPORTS (2023)$22.9M
NET TRADE (2023)-$12.8M

In 2023, Switzerland exported $10.1M in Tool Sets. The main destinations of Switzerland exports on Tool Sets were Germany ($4M), United Arab Emirates ($1.28M), Norway ($680k), China ($398k), and Netherlands ($338k).

In 2023, Switzerland imported $22.9M in Tool Sets, mainly from China ($9.56M), Germany ($6.05M), Chinese Taipei ($2.92M), France ($656k), and Netherlands ($624k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
India$189k (550%)
Singapore$166k (461%)
Italy$130k (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Switzerland WERE (2022 - 2023):
United Arab Emirates-$393k (-23.4%)
Qatar-$211k (-85.8%)
Germany-$171k (-4.11%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in Tool Sets were:
In 2023, Switzerland's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $862k
TOP IMPORT POTENTIALGermany+ $827k

Tool Sets’s highest export potential is Germany. With an export gap of $862k.   Tool Sets’s highest import potential is Germany with an import gap of $827k.

See methodology.

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