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Switzerland Trade Summary

2021

Switzerland exports, imports, tariff by year.

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


Products

TRADE SUMMARY FOR SWITZERLAND 2021

Overall Exports and Imports for Switzerland 2021

Exports and imports of Switzerland in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 379,771 million.
  • The total value of imports (CIF) was 323,356 million.
  • At the HS6 digit level, 4,334 products were exported to 223 countries and 4,522 products were imported from 198 countries.

Switzerland top 5 Export and Import partners 2021

Top five countries to which Switzerland exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Switzerland exports to United States worth US$ 62,674 million, with a partner share of 16.50 percent.
  2. Switzerland exports to Germany worth US$ 55,240 million, with a partner share of 14.55 percent.
  3. Switzerland exports to China worth US$ 33,066 million, with a partner share of 8.71 percent.
  4. Switzerland exports to India worth US$ 31,409 million, with a partner share of 8.27 percent.
  5. Switzerland exports to Italy worth US$ 20,197 million, with a partner share of 5.32 percent.

Top five countries from which Switzerland imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Switzerland imports from Germany worth US$ 62,360 million, with a partner share of 19.29 percent.
  2. Switzerland imports from United Kingdom worth US$ 36,390 million, with a partner share of 11.25 percent.
  3. Switzerland imports from United States worth US$ 24,293 million, with a partner share of 7.51 percent.
  4. Switzerland imports from Italy worth US$ 24,050 million, with a partner share of 7.44 percent.
  5. Switzerland imports from China worth US$ 19,791 million, with a partner share of 6.12 percent.

Switzerland Top 5 Productsexports imports at HS 6 digit level 2021

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 78,446,060.81 (US$ Thousands).
  2. Switzerland exported Other medicaments of mixed or unmixed products, , worth 44,689,291.44 (US$ Thousands).
  3. Switzerland exported Human and animal blood; microbial cultures; tox , worth 43,985,343.52 (US$ Thousands).
  4. Switzerland exported Wrist-watches with automatic winding nes , worth 12,042,529.98 (US$ Thousands).
  5. Switzerland exported Art. of jewellery and pts thereof of/o prec mtl , worth 11,337,057.72 (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 92,154,718.94 (US$ Thousands).
  2. Switzerland imported Other medicaments of mixed or unmixed products, , worth 22,158,346.86 (US$ Thousands).
  3. Switzerland imported Human and animal blood; microbial cultures; tox , worth 13,735,140.06 (US$ Thousands).
  4. Switzerland imported Art. of jewellery and pts thereof of/o prec mtl , worth 8,262,265.41 (US$ Thousands).
  5. Switzerland imported Automobiles nes including gas turbine powered , worth 4,430,642.89 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Switzerland in 2021 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 4.13 percent.
  • The trade weighted average tariff was 1.40 .
  • The total duty free imports in thousands of US dollars were 273,377,085.06 and duty free tariff line items share was 72.57 percent.

Development Indicators 2021

Key Development Indicators of Switzerland in 2021 are below

  • Switzerland GDP in current US dollar was 800,640 million.
  • GNI per capita, Atlas method (current US$) was 88,910.00 .
  • Switzerland Trade balance: as % of GDP was 11.89.
  • Trade balance in current US$ was 95,210.00 million.
  • Trade as percentage of GDP was 130.85 .
  • Trade in services as percentage of GDP was 37.20 .

Trade Indicators 2021

Trade Indicators for Switzerland in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 21.18.
  • World Growth in percentage was 12.50 and Switzerland Country Growth was 10.67 .