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Switzerland Trade Summary

2020

Switzerland exports, imports, tariff by year.
Switzerland monthly trade data
Switzerland quarterly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


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TRADE SUMMARY FOR SWITZERLAND 2020

Overall Exports and Imports for Switzerland 2020

Exports and imports of Switzerland in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 318,580 million.
  • The total value of imports (CIF) was 290,402 million.
  • At the HS6 digit level, 4,324 products were exported to 221 countries and 4,522 products were imported from 198 countries.

Switzerland top 5 Export and Import partners 2020

Top five countries to which Switzerland exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Switzerland exports to United States worth US$ 73,148 million, with a partner share of 22.96 percent.
  2. Switzerland exports to Germany worth US$ 48,962 million, with a partner share of 15.37 percent.
  3. Switzerland exports to China worth US$ 17,435 million, with a partner share of 5.47 percent.
  4. Switzerland exports to United Kingdom worth US$ 16,804 million, with a partner share of 5.27 percent.
  5. Switzerland exports to France worth US$ 16,472 million, with a partner share of 5.17 percent.

Top five countries from which Switzerland imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Switzerland imports from Germany worth US$ 56,612 million, with a partner share of 19.49 percent.
  2. Switzerland imports from Italy worth US$ 23,673 million, with a partner share of 8.15 percent.
  3. Switzerland imports from United States worth US$ 20,890 million, with a partner share of 7.19 percent.
  4. Switzerland imports from China worth US$ 17,669 million, with a partner share of 6.08 percent.
  5. Switzerland imports from France worth US$ 17,076 million, with a partner share of 5.88 percent.

Switzerland Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Switzerland along with trade value are:

  1. Switzerland exported Gold in unwrought forms non-monetary , worth 66,377,909.58 (US$ Thousands).
  2. Switzerland exported Other medicaments of mixed or unmixed products, , worth 42,578,721.73 (US$ Thousands).
  3. Switzerland exported Human and animal blood; microbial cultures; tox , worth 39,435,815.23 (US$ Thousands).
  4. Switzerland exported Wrist-watches with automatic winding nes , worth 9,197,231.13 (US$ Thousands).
  5. Switzerland exported Art. of jewellery and pts thereof of/o prec mtl , worth 8,043,298.77 (US$ Thousands).

The top five imported HS 6 digit level products from world by Switzerland along with trade value are

  1. Switzerland imported Gold in unwrought forms non-monetary , worth 87,487,265.53 (US$ Thousands).
  2. Switzerland imported Other medicaments of mixed or unmixed products, , worth 20,087,306.00 (US$ Thousands).
  3. Switzerland imported Human and animal blood; microbial cultures; tox , worth 12,252,266.07 (US$ Thousands).
  4. Switzerland imported Art. of jewellery and pts thereof of/o prec mtl , worth 7,807,179.41 (US$ Thousands).
  5. Switzerland imported Medicaments of other hormones, for retail sale, , worth 3,684,968.93 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Switzerland in 2020 are below

  • The maximum rate of tariff in percentage on any product was 2,380.38 percent.
  • The simple average tariff across all products was 3.96 percent.
  • The trade weighted average tariff was 1.36 .
  • The total duty free imports in thousands of US dollars were 252,063,230.44 and duty free tariff line items share was 74.45 percent.

Development Indicators 2020

Key Development Indicators of Switzerland in 2020 are below

  • Switzerland GDP in current US dollar was 739,914 million.
  • GNI per capita, Atlas method (current US$) was 82,490.00 .
  • Switzerland Trade balance: as % of GDP was 6.45.
  • Trade balance in current US$ was 47,713.00 million.
  • Trade as percentage of GDP was 122.17 .
  • Trade in services as percentage of GDP was 35.22 .

Trade Indicators 2020

Trade Indicators for Switzerland in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 20.42.
  • World Growth in percentage was -3.77 and Switzerland Country Growth was 1.02 .