2023
Exports
$2.1BWorld Rnk 12 / 223
Flag Rnk 15 / 1211
2023
PRODUCT COMPLEXITY IN Valves
1.34Rnk 71 / 1025
2023
Imports
$1.2BWorld Rnk 28 / 226
Flag Rnk 36 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $2.1B in Valves, making it the 12th largest exporter of Valves in the world. At the same year, Valves was the 15th most exported product in Switzerland. The main destination of Valves exports from Switzerland are: Germany ($729M), China ($301M), United States ($164M), France ($72.7M), and Austria ($68.5M).

The fastest growing export markets for Valves of Switzerland between 2022 and 2023 were Germany ($60.6M), Japan ($18.7M), and Saudi Arabia ($5.55M).

Imports In 2023, Switzerland imported $1.2B in Valves, becoming the 28th largest importer of Valves in the world. At the same year, Valves was the 36th most imported product in Switzerland. Switzerland imports Valves primarily from: Germany ($504M), Italy ($185M), United States ($91.5M), Austria ($89.9M), and China ($65.5M).

The fastest growing import markets in Valves for Switzerland between 2022 and 2023 were Germany ($25.3M), United States ($10.6M), and Hungary ($5.09M).

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 Valves. 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)$2.1B
IMPORTS (2023)$1.2B
NET TRADE (2023)$900M

In 2023, Switzerland exported $2.1B in Valves. The main destinations of Switzerland exports on Valves were Germany ($729M), China ($301M), United States ($164M), France ($72.7M), and Austria ($68.5M).

In 2023, Switzerland imported $1.2B in Valves, mainly from Germany ($504M), Italy ($185M), United States ($91.5M), Austria ($89.9M), and China ($65.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
Germany$60.6M (9.08%)
Japan$18.7M (40.4%)
Saudi Arabia$5.55M (64.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Switzerland WERE (2022 - 2023):
Singapore-$68.4M (-50.8%)
South Korea-$51.9M (-52%)
United States-$39.5M (-19.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $161M
TOP IMPORT POTENTIALGermany+ $121M

Valves’s highest export potential is Germany. With an export gap of $161M.   Valves’s highest import potential is Germany with an import gap of $121M.

See methodology.

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