Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Switzerland | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESSwitzerlandWorldExportsValue (US$)312,282,673,243.00357,909,509,746.17311,292,919,173.07289,629,055,115.21302,499,429,349.08299,331,427,818.62310,523,862,211.19313,685,932,750.63318,580,420,583.97379,770,927,042.89400,057,174,592.48420,104,465,958.19
Value Growth, YoY (%)32.9814.61-13.02-6.954.44-1.043.731.011.5619.205.345.01
ImportsValue (US$)295,071,061,330.00321,053,933,867.24275,354,608,588.85251,189,810,218.73269,279,966,266.04267,493,892,985.60278,671,370,444.36276,388,086,970.53290,402,110,277.21323,356,086,951.79356,235,312,307.77363,898,725,897.48
Value Growth, YoY (%)41.718.80-14.23-8.777.20-0.664.17-0.815.0711.3410.162.15

The value of merchandise exports from Switzerland totalled $ 420 billion in 2023. Merchandise exports from Switzerland increased by 5.01% compared to 2022. Goods exports grew up by $ 20 billion in 2023 (the value of merchandise exports from Switzerland amounted to $400 billion in 2022)

Switzerland's exports 2023 by country

Top export destinations of commodities from Switzerland in 2023:

  • USA with a share of 14.9% (62 billion US$)
  • Germany with a share of 12.1% (51 billion US$)
  • China with a share of 10.7% (45 billion US$)
  • Italy with a share of 6.44% (27 billion US$)
  • France with a share of 4.79% (20 billion US$)
  • Slovenia with a share of 4.15% (17.4 billion US$)
  • India with a share of 3.99% (16.7 billion US$)
  • Turkey with a share of 3.88% (16.3 billion US$)
  • Hong Kong with a share of 3.62% (15.2 billion US$)
  • United Kingdom with a share of 3.5% (14.7 billion US$)

Exports structure from Switzerland in 2023 represented by the following main commodity groups:

  • 30% (126 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 23% (98 billion US$): 30 - Pharmaceutical products
  • 9.59% (40 billion US$): 29 - Organic chemicals
  • 7.08% (29 billion US$): 91 - Clocks and watches and parts thereof
  • 6.15% (25 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.75% (19.9 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.5% (14.7 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 1.51% (6.36 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 1.46% (6.15 billion US$): 39 - Plastics and articles thereof
  • 0.921% (3.87 billion US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations

What did Switzerland export in 2023?

Switzerland's Top Exports in 2023:

  • 25% ($107 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 12.4% ($52 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 10.7% ($45 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 6.01% ($25 billion): 2933 - Heterocyclic compounds with nitrogen hetero-atom(s) only
  • 4.28% ($17.9 billion): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
  • 3.29% ($13.8 billion): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
  • 2.48% ($10.4 billion): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
  • 1.78% ($7.5 billion): 9021 - Orthopaedic appliances, including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, or implanted in the body, to compensate for a defect or disability.
  • 1.29% ($5.43 billion): 2716 - Electrical energy. (optional heading)
  • 0.999% ($4.19 billion): 9018 - Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments

The value of merchandise imports to Switzerland totalled $ 363 billion in 2023. Merchandise imports to Switzerland increased by 2.15% compared to 2022. Goods imports grew up by $ 7.66 billion in 2023 (the value of merchandise imports to Switzerland was equal to $356 billion in 2022)

Switzerland's imports 2023 by country

Top trading partners (import sources) of Switzerland in 2023:

  • Germany with a share of 18.2% (66 billion US$)
  • USA with a share of 9.02% (32 billion US$)
  • Italy with a share of 7.85% (28 billion US$)
  • France with a share of 5.91% (21 billion US$)
  • China with a share of 5.62% (20 billion US$)
  • Slovenia with a share of 3.7% (13.4 billion US$)
  • Austria with a share of 3% (10.9 billion US$)
  • United Arab Emirates with a share of 2.86% (10.4 billion US$)
  • Spain with a share of 2.84% (10.3 billion US$)
  • Uzbekistan with a share of 2.24% (8.17 billion US$)

Imports structure to Switzerland in 2023 represented by the following main commodity groups:

  • 33% (120 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 16.1% (58 billion US$): 30 - Pharmaceutical products
  • 6.24% (22 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.64% (20 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.11% (18.6 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.99% (14.5 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 2.69% (9.79 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.46% (8.96 billion US$): 29 - Organic chemicals
  • 2.11% (7.7 billion US$): 39 - Plastics and articles thereof
  • 1.42% (5.17 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

What did Switzerland import in 2023?

Switzerland's Top Imports in 2023:

  • 27% ($101 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 11% ($40 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 4.85% ($17.6 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 3.83% ($13.9 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.57% ($9.37 billion): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
  • 1.65% ($6.04 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.18% ($4.3 billion): 2716 - Electrical energy. (optional heading)
  • 1% ($3.65 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 0.977% ($3.55 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 0.847% ($3.08 billion): 7112 - Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal

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Switzerland | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023