Switzerland

Compare Switzerland →

CH · CHE · BACI 757 · latest data 2024

Exports

$399.3B USD, nominal · 2024

= $399,274 M39.5% over 5 yrs (up)

Imports

$378.9B USD, nominal · 2024

= $378,923 M32.9% over 5 yrs (up)

Trade balancesurplus

$20.4B USD, nominal · 2024

= $20,351 M

Total trade

$778.2B USD, nominal · 2024

= $778,197 M36.2% over 5 yrs (up)

World position: #15 of 225 exporters · top 10% · #18 of 225 importers · top 10% · 2024
World export share since 1995: −0.1 pp

Trade timeline

Switzerland's exports grew from $91.2B in 1995 to $399.3B in 2024; the 2024 balance was $20.4B.

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Exports, imports, trade balance and total trade of Switzerland per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$91,151 M	$86,571 M	$4,579 M	$177,722 M
1996	$91,116 M	$89,198 M	$1,918 M	$180,314 M
1997	$89,819 M	$83,691 M	$6,128 M	$173,510 M
1998	$91,458 M	$91,597 M	−$139 M	$183,055 M
1999	$92,921 M	$89,696 M	$3,225 M	$182,617 M
2000	$92,624 M	$93,741 M	−$1,117 M	$186,365 M
2001	$92,551 M	$95,294 M	−$2,743 M	$187,846 M
2002	$98,676 M	$95,645 M	$3,031 M	$194,321 M
2003	$112,639 M	$110,185 M	$2,454 M	$222,824 M
2004	$132,119 M	$127,014 M	$5,105 M	$259,132 M
2005	$143,954 M	$143,598 M	$356 M	$287,553 M
2006	$157,677 M	$158,913 M	−$1,236 M	$316,590 M
2007	$191,579 M	$184,065 M	$7,514 M	$375,644 M
2008	$230,714 M	$216,218 M	$14,497 M	$446,932 M
2009	$188,369 M	$191,346 M	−$2,977 M	$379,716 M
2010	$226,063 M	$213,524 M	$12,539 M	$439,587 M
2011	$294,379 M	$265,416 M	$28,962 M	$559,795 M
2012	$282,412 M	$310,276 M	−$27,865 M	$592,688 M
2013	$346,780 M	$272,922 M	$73,859 M	$619,702 M
2014	$300,841 M	$285,837 M	$15,004 M	$586,677 M
2015	$279,300 M	$237,619 M	$41,681 M	$516,919 M
2016	$279,189 M	$280,589 M	−$1,400 M	$559,778 M
2017	$298,191 M	$276,932 M	$21,259 M	$575,123 M
2018	$301,914 M	$290,903 M	$11,010 M	$592,817 M
2019	$286,258 M	$285,043 M	$1,215 M	$571,300 M
2020	$291,665 M	$298,349 M	−$6,685 M	$590,014 M
2021	$364,851 M	$339,511 M	$25,340 M	$704,361 M
2022	$388,506 M	$372,457 M	$16,048 M	$760,963 M
2023	$397,923 M	$378,954 M	$18,969 M	$776,877 M
2024	$399,274 M	$378,923 M	$20,351 M	$778,197 M

30 rows

World share & rank

World export share moved from 1.8% in 1995 to 1.7% in 2024; export rank #14 → #15.

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World export and import share in percent, and world ranks, of Switzerland per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	1.80%	1.71%	#14	#15
1996	1.70%	1.66%	#17	#15
1997	1.60%	1.50%	#17	#16
1998	1.65%	1.65%	#14	#16
1999	1.62%	1.56%	#16	#16
2000	1.42%	1.44%	#17	#16
2001	1.47%	1.51%	#16	#16
2002	1.49%	1.45%	#17	#16
2003	1.47%	1.44%	#18	#16
2004	1.43%	1.37%	#17	#16
2005	1.37%	1.37%	#18	#16
2006	1.31%	1.32%	#18	#17
2007	1.37%	1.32%	#18	#18
2008	1.43%	1.34%	#18	#18
2009	1.51%	1.54%	#19	#17
2010	1.50%	1.42%	#19	#18
2011	1.64%	1.48%	#17	#18
2012	1.56%	1.72%	#17	#18
2013	1.90%	1.50%	#14	#18
2014	1.64%	1.56%	#17	#18
2015	1.74%	1.48%	#14	#17
2016	1.78%	1.79%	#14	#17
2017	1.70%	1.58%	#17	#17
2018	1.58%	1.52%	#17	#17
2019	1.55%	1.54%	#19	#17
2020	1.70%	1.74%	#18	#17
2021	1.70%	1.59%	#19	#18
2022	1.61%	1.54%	#21	#17
2023	1.76%	1.68%	#16	#18
2024	1.75%	1.66%	#15	#18

30 rows

Trading partners

Germany was Switzerland's top trading partner in 2024, at 15.5% of total trade; the top five partners covered 45.8%.

Year

Top partner share: 15.5%
Top-5 share: 45.8%
Partners: 216
Partner HHI (0–1): 0.058

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Germany $52.8B

United States $51.2B

China $46.6B

India $21.9B

France $19.3B

Slovenia $18.0B

Italy $16.8B

Hong Kong $13.1B

United Kingdom $12.1B

United Arab Emirates $11.3B

Türkiye $10.9B

Belgium $8.9B

Japan $8.5B

Austria $8.1B

Spain $5.2B

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Top partners of Switzerland in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Germany	$52,806 M	$67,796 M	$120,602 M	−$14,990 M
#2	United States	$51,214 M	$29,946 M	$81,160 M	$21,267 M
#3	China	$46,581 M	$19,111 M	$65,692 M	$27,470 M
#4	Italy	$16,763 M	$31,187 M	$47,950 M	−$14,423 M
#5	France	$19,276 M	$21,428 M	$40,704 M	−$2,152 M
#6	Slovenia	$18,002 M	$20,413 M	$38,415 M	−$2,411 M
#7	India	$21,888 M	$2,987 M	$24,875 M	$18,900 M
#8	United Arab Emirates	$11,259 M	$13,121 M	$24,381 M	−$1,862 M
#9	United Kingdom	$12,116 M	$8,529 M	$20,645 M	$3,587 M
#10	Hong Kong	$13,083 M	$6,081 M	$19,164 M	$7,002 M
#11	Austria	$8,088 M	$10,625 M	$18,713 M	−$2,537 M
#12	Japan	$8,466 M	$8,004 M	$16,470 M	$463 M
#13	Spain	$5,244 M	$8,056 M	$13,300 M	−$2,813 M
#14	Türkiye	$10,872 M	$2,381 M	$13,253 M	$8,491 M
#15	Belgium	$8,898 M	$4,177 M	$13,074 M	$4,721 M

15 rows

Products & sectors

Product composition of Switzerland's trade in 2024.

Year

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Concentration & risk

Switzerland's export partners diversified over 1995–2024 — HHI 0.077 → 0.064, a diversified export base across 216 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Switzerland per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.077	0.137	193	189
1996	0.073	0.120	195	189
1997	0.070	0.118	199	192
1998	0.075	0.108	201	191
1999	0.076	0.116	207	198
2000	0.071	0.104	215	206
2001	0.071	0.110	217	210
2002	0.069	0.116	214	209
2003	0.069	0.116	215	200
2004	0.069	0.118	218	207
2005	0.066	0.110	217	208
2006	0.069	0.110	218	212
2007	0.070	0.111	221	206
2008	0.065	0.110	221	208
2009	0.070	0.101	215	207
2010	0.067	0.104	219	212
2011	0.064	0.103	218	217
2012	0.064	0.075	219	218
2013	0.066	0.080	221	209
2014	0.063	0.080	220	195
2015	0.064	0.077	218	212
2016	0.072	0.065	218	195
2017	0.066	0.069	219	199
2018	0.071	0.072	222	193
2019	0.071	0.069	216	197
2020	0.079	0.064	218	197
2021	0.070	0.067	216	198
2022	0.065	0.065	219	197
2023	0.063	0.058	219	198
2024	0.064	0.060	216	194

30 rows

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