2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Switzerland-Spain In 2022, Switzerland exported $9.99B to Spain. The main products that Switzerland exported to Spain are Vaccines, blood, antisera, toxins and cultures ($2.62B), Nitrogen Heterocyclic Compounds ($1.84B), and Sulfonamides ($986M). During the last 27 years the exports of Switzerland to Spain have increased at an annualized rate of 6.56%, from $1.8B in 1995 to $9.99B in 2022.

In 2019, Switzerland exported services to Spain worth $1.79B, with Royalties and license fees ($763M), Computer and information services ($310M), and Financial services ($310M) being the largest in terms of value.

Spain-Switzerland In 2022, Spain exported $8.37B to Switzerland. The main products that Spain exported to Switzerland were Packaged Medicaments ($4.63B), Cars ($648M), and Jewellery ($233M). During the last 27 years the exports of Spain to Switzerland have increased at an annualized rate of 7.72%, from $1.12B in 1995 to $8.37B in 2022.

In 2020, Spain exported services to Switzerland worth $387M, with Travel ($387M) being the largest in terms of value.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $9.99B to Spain. The main products exported from Switzerland to Spain were Vaccines, blood, antisera, toxins and cultures ($2.62B), Nitrogen Heterocyclic Compounds ($1.84B), and Sulfonamides ($986M). During the last 27 years the exports of Switzerland to Spain have increased at an annualized rate of 6.56%, from $1.8B in 1995 to $9.99B in 2022.

In 2022, Spain exported $8.37B to Switzerland. The main products exported from Spain to Switzerland were Packaged Medicaments ($4.63B), Cars ($648M), and Jewellery ($233M). During the last 27 years the exports of Spain to Switzerland have increased at an annualized rate of 7.72%, from $1.12B in 1995 to $8.37B in 2022.

Exports from Switzerland (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Spain (Flag)

Switzerland Exports

Spain Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Spain
Top Destination
France$65.2B

This map shows whether countries import more from Switzerland or Spain. Each country is colored based on the difference in imports they receive from Switzerland and Spain or the difference in the growth in imports.

In 2021, countries that imported more from Switzerland than Spain were United States ($61.7B), China ($44.1B), and Germany ($53.5B).

In 2021, countries that imported more from Spain than Switzerland were France ($65.2B), Portugal ($34.9B), and Morocco ($12.1B).

Difference in imports from Spain (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Spain

Flow
Scale

This chart compares trade between Switzerland and Spain by product, considering products traded by both, Switzerland and Spain.

During 2022, Switzerland had a large net trade with Spain in the exports of Chemical Products ($7.43B), Instruments ($769M), and Machines ($567M).

During 2022, Spain had a large net trade with Switzerland in the exports of Chemical Products ($5.11B), Transportation ($900M), and Vegetable Products ($506M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to Spain worth $1.79B, with Royalties and license fees ($763M), Computer and information services ($310M), and Financial services ($310M) being the largest in terms of value.

In 2020, Spain exported services to Switzerland worth $387M, with Travel ($387M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland (Flag) to Spain (Flag) (2019)

Services Exports from Spain (Flag) to Switzerland (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Spain (Flag) (2022)

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