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Switzerland Trade Summary

2022

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 2022

Overall Exports and Imports for Switzerland 2022

Exports and imports of Switzerland in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 400,057 million.
  • The total value of imports (CIF) was 356,235 million.
  • At the HS6 digit level, 4,299 products were exported to 224 countries and 4,498 products were imported from 197 countries.

Switzerland top 5 Export and Import partners 2022

Top five countries to which Switzerland exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Switzerland exports to United States worth US$ 65,063 million, with a partner share of 16.26 percent.
  2. Switzerland exports to Germany worth US$ 53,296 million, with a partner share of 13.32 percent.
  3. Switzerland exports to China worth US$ 44,102 million, with a partner share of 11.02 percent.
  4. Switzerland exports to Italy worth US$ 25,111 million, with a partner share of 6.28 percent.
  5. Switzerland exports to France worth US$ 21,008 million, with a partner share of 5.25 percent.

Top five countries from which Switzerland imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Switzerland imports from Germany worth US$ 69,638 million, with a partner share of 19.55 percent.
  2. Switzerland imports from United States worth US$ 39,241 million, with a partner share of 11.02 percent.
  3. Switzerland imports from Italy worth US$ 24,809 million, with a partner share of 6.96 percent.
  4. Switzerland imports from France worth US$ 22,992 million, with a partner share of 6.45 percent.
  5. Switzerland imports from China worth US$ 21,554 million, with a partner share of 6.05 percent.

Switzerland Top 5 Productsexports imports at HS 6 digit level 2022

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 90,129,887.58 (US$ Thousands).
  2. Switzerland exported Human and animal blood; microbial cultures; tox , worth 47,136,696.65 (US$ Thousands).
  3. Switzerland exported Other medicaments of mixed or unmixed products, , worth 41,380,551.79 (US$ Thousands).
  4. Switzerland exported Wrist-watches with automatic winding nes , worth 12,709,277.11 (US$ Thousands).
  5. Switzerland exported Art. of jewellery and pts thereof of/o prec mtl , worth 12,489,482.16 (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 98,272,073.61 (US$ Thousands).
  2. Switzerland imported Other medicaments of mixed or unmixed products, , worth 26,531,150.06 (US$ Thousands).
  3. Switzerland imported Human and animal blood; microbial cultures; tox , worth 15,449,291.06 (US$ Thousands).
  4. Switzerland imported Art. of jewellery and pts thereof of/o prec mtl , worth 8,833,991.86 (US$ Thousands).
  5. Switzerland imported Electrical energy , worth 8,743,057.19 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Switzerland in 2022 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 3.27 percent.
  • The trade weighted average tariff was 1.33 .
  • The total duty free imports in thousands of US dollars were 294,534,728.45 and duty free tariff line items share was 74.77 percent.

Development Indicators 2022

Key Development Indicators of Switzerland in 2022 are below

  • Switzerland GDP in current US dollar was 807,706 million.
  • GNI per capita, Atlas method (current US$) was 89,450.00 .
  • Switzerland Trade balance: as % of GDP was 12.28.
  • Trade balance in current US$ was 99,168.00 million.
  • Trade as percentage of GDP was 137.67 .
  • Trade in services as percentage of GDP was 37.83 .

Trade Indicators 2022

Trade Indicators for Switzerland in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 20.37.
  • World Growth in percentage was 5.18 and Switzerland Country Growth was 1.93 .