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
$281BCURRENT US$
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2012-2022
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GDP GROWTH
8.73%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
$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH
5.93%CURRENT US$
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About

Switzerland-Finland In 2022, Switzerland exported $790M to Finland. The main products that Switzerland exported to Finland are Vaccines, blood, antisera, toxins and cultures ($95.4M), Packaged Medicaments ($79.4M), and Gold ($75.9M). During the last 27 years the exports of Switzerland to Finland have increased at an annualized rate of 1.62%, from $512M in 1995 to $790M in 2022.

In 2019, Switzerland exported services to Finland worth $277M, with Computer and information services ($121M), Royalties and license fees ($82.1M), and Travel ($27.4M) being the largest in terms of value.

Finland-Switzerland In 2022, Finland exported $1.69B to Switzerland. The main products that Finland exported to Switzerland were Gold ($916M), Precious Metal Ore ($146M), and Non-Iron and Steel Slag, Ash and Residues ($69.4M). During the last 27 years the exports of Finland to Switzerland have increased at an annualized rate of 4.3%, from $543M in 1995 to $1.69B in 2022.

In 2020, Finland exported services to Switzerland worth $748M, with Other business services ($376M), Transportation ($170M), and Computer and information services ($124M) 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, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $790M to Finland. The main products exported from Switzerland to Finland were Vaccines, blood, antisera, toxins and cultures ($95.4M), Packaged Medicaments ($79.4M), and Gold ($75.9M). During the last 27 years the exports of Switzerland to Finland have increased at an annualized rate of 1.62%, from $512M in 1995 to $790M in 2022.

In 2022, Finland exported $1.69B to Switzerland. The main products exported from Finland to Switzerland were Gold ($916M), Precious Metal Ore ($146M), and Non-Iron and Steel Slag, Ash and Residues ($69.4M). During the last 27 years the exports of Finland to Switzerland have increased at an annualized rate of 4.3%, from $543M in 1995 to $1.69B in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Finland (Flag)

Switzerland Exports

Finland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Finland
Top Destination
Germany$9.99B

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

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

In 2021, countries that imported more from Finland than Switzerland were Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

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

Comparative Advantage Switzerland - Finland

Flow
Scale

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

During 2022, Switzerland had a large net trade with Finland in the exports of Chemical Products ($210M), Machines ($200M), and Metals ($97.9M).

During 2022, Finland had a large net trade with Switzerland in the exports of Precious Metals ($981M), Mineral Products ($217M), and Machines ($126M).

Service Trade

Bilateral Service Trade

In 2019, Switzerland exported services to Finland worth $277M, with Computer and information services ($121M), Royalties and license fees ($82.1M), and Travel ($27.4M) being the largest in terms of value.

In 2020, Finland exported services to Switzerland worth $748M, with Other business services ($376M), Transportation ($170M), and Computer and information services ($124M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Finland (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 Finland. Similarly, the more yellow a dot/product is, the more Finland has comparative advantage over Switzerland.

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

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