Switzerland (CHE)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Switzerland - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Germany (DEU) | 11.5% $51.31B | 18.3% $67.85B | 14.6% $119.15B |
| 2 | USA (USA) | 16.5% $73.88B | 8.1% $30.24B | 12.7% $104.12B |
| 3 | China (CHN) | 9.5% $42.34B | 5.5% $20.29B | 7.7% $62.63B |
| 4 | Italy (ITA) | 6.3% $28.03B | 8.2% $30.37B | 7.1% $58.40B |
| 5 | Slovenia (SVN) | 6.7% $29.98B | 5.5% $20.38B | 6.2% $50.36B |
| 6 | France (FRA) | 4.7% $21.09B | 5.8% $21.47B | 5.2% $42.56B |
| 7 | United Kingdom (GBR) | 5.0% $22.51B | 2.3% $8.63B | 3.8% $31.14B |
| 8 | United Arab Emirates (ARE) | 2.5% $11.26B | 3.5% $13.12B | 3.0% $24.38B |
| 9 | India (IND) | 5.1% $22.59B | 0.0% $0 | 2.8% $22.59B |
| 10 | Austria (AUT) | 2.0% $8.77B | 2.9% $10.72B | 2.4% $19.49B |
- Switzerland's total trade in 2024 reached $818.2B, ranking 16th globally.
- Exports totaled $446.8B, while imports were $371.4B, creating a trade surplus of $75.5B.
- The top export destination was the United States, receiving $73.9B (16.5%) of Switzerland's exports.
- Germany was the largest source of imports, accounting for $67.8B (18.3%) of total imports.
- The leading export category was Natural & cultured pearls, precious stones (HS2 71), valued at $136.9B.
- The most significant import category was also Natural & cultured pearls, precious stones (HS2 71), with a value of $125.6B.
Switzerland's Trade Performance in 2024
In 2024, Switzerland was the world's 16th largest trading nation with a total trade volume of $818.2B. The country's exports were valued at $446.8B (ranking 14th) and its imports at $371.4B (ranking 17th). This resulted in a positive trade balance of $75.5B.
Top Trading Partners
Switzerland's primary export partner in 2024 was the United States, with exports valued at $73.9B, representing 16.5% of the total. Other major export destinations included Germany ($51.3B) and China ($42.3B). On the import side, Germany was the leading partner, supplying $67.8B (18.3%) of goods. Italy ($30.4B) and the United States ($30.2B) were also significant sources of imports.
Key Traded Goods
The most significant product category for Switzerland's exports was Natural, cultured pearls; precious, semi-precious stones; precious metals (HS2 71), which accounted for $136.9B or 30.6% of all exports. Following this were Pharmaceutical products (HS2 30) at $110.4B (24.7%) and Organic chemicals (HS2 29) at $46.6B. This pattern was mirrored in imports, where Natural, cultured pearls; precious, semi-precious stones; precious metals (HS2 71) also led, with an import value of $125.6B, making up 33.8% of the total. Pharmaceutical products (HS2 30) followed, with imports of $67.7B.
Exports
Switzerland - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Switzerland - export composition by product categories (Exports), 2024 (USD)
Switzerland - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Switzerland - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.