2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$808BCURRENT US$
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2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
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2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

United Kingdom-Switzerland In 2022, United Kingdom exported $7.99B to Switzerland. The main products that United Kingdom exported to Switzerland are Gold ($1.81B), Jewellery ($607M), and Packaged Medicaments ($560M). During the last 27 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 2.14%, from $4.51B in 1995 to $7.99B in 2022.

In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

Switzerland-United Kingdom In 2022, Switzerland exported $13.5B to United Kingdom. The main products that Switzerland exported to United Kingdom were Gold ($3.18B), Vaccines, blood, antisera, toxins and cultures ($1.33B), and Packaged Medicaments ($1.1B). During the last 27 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 3.69%, from $5.06B in 1995 to $13.5B in 2022.

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $7.99B to Switzerland. The main products exported from United Kingdom to Switzerland were Gold ($1.81B), Jewellery ($607M), and Packaged Medicaments ($560M). During the last 27 years the exports of United Kingdom to Switzerland have increased at an annualized rate of 2.14%, from $4.51B in 1995 to $7.99B in 2022.

In 2022, Switzerland exported $13.5B to United Kingdom. The main products exported from Switzerland to United Kingdom were Gold ($3.18B), Vaccines, blood, antisera, toxins and cultures ($1.33B), and Packaged Medicaments ($1.1B). During the last 27 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 3.69%, from $5.06B in 1995 to $13.5B in 2022.

Exports from United Kingdom (Flag) to Switzerland (Flag) (2022)

Exports from Switzerland (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Switzerland
Top Destination
United States$61.7B

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

In 2021, countries that imported more from United Kingdom than Switzerland were Netherlands ($41.9B), Ireland ($32.6B), and Belgium ($24.2B).

In 2021, countries that imported more from Switzerland than United Kingdom were Italy ($22.8B), Germany ($53.5B), and Slovenia ($11.7B).

Difference in imports from Switzerland (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Switzerland

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Switzerland in the exports of Precious Metals ($3.43B), Chemical Products ($1.41B), and Machines ($788M).

During 2022, Switzerland had a large net trade with United Kingdom in the exports of Precious Metals ($4.66B), Chemical Products ($3.55B), and Instruments ($2.18B).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Switzerland (Flag) (2019)

Services Exports from Switzerland (Flag) to United Kingdom (Flag) (2019)

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 United Kingdom has comparative advantage over Switzerland. Similarly, the more yellow a dot/product is, the more Switzerland has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Switzerland (Flag) (2022)

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