Switzerland (CHE) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Switzerland-Thailand In 2022, Switzerland exported $6.54B to Thailand. The main products that Switzerland exported to Thailand are Gold ($5.33B), Base Metal Watches ($145M), and Packaged Medicaments ($104M). During the last 27 years the exports of Switzerland to Thailand have increased at an annualized rate of 7.27%, from $983M in 1995 to $6.54B in 2022.

In 2019, Switzerland exported services to Thailand worth $114M, with Travel ($114M) being the largest in terms of value.

Thailand-Switzerland In 2022, Thailand exported $3.74B to Switzerland. The main products that Thailand exported to Switzerland were Gold ($2.36B), Other Clocks and Watches ($95.4M), and Precious Stones ($93.8M). During the last 27 years the exports of Thailand to Switzerland have increased at an annualized rate of 7.98%, from $471M in 1995 to $3.74B in 2022.

In 2022, Thailand did not export any services to Switzerland.

Comparison In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Switzerland exported $6.54B to Thailand. The main products exported from Switzerland to Thailand were Gold ($5.33B), Base Metal Watches ($145M), and Packaged Medicaments ($104M). During the last 27 years the exports of Switzerland to Thailand have increased at an annualized rate of 7.27%, from $983M in 1995 to $6.54B in 2022.

In 2022, Thailand exported $3.74B to Switzerland. The main products exported from Thailand to Switzerland were Gold ($2.36B), Other Clocks and Watches ($95.4M), and Precious Stones ($93.8M). During the last 27 years the exports of Thailand to Switzerland have increased at an annualized rate of 7.98%, from $471M in 1995 to $3.74B in 2022.

Exports from Switzerland () to Thailand () (2022)

Exports from Thailand () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Thailand ()

Switzerland Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Thailand
Top DestinationUnited States$53.4B

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

In 2021, countries that imported more from Switzerland than Thailand were Germany ($53.5B), Italy ($22.8B), and France ($20.4B).

In 2021, countries that imported more from Thailand than Switzerland were Japan ($24.6B), Vietnam ($13.4B), and Malaysia ($12.7B).

Difference in imports from Thailand () and Switzerland () (2022)

Comparative Advantage Switzerland - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Thailand in the exports of Precious Metals ($5.5B), Instruments ($391M), and Chemical Products ($263M).

During 2022, Thailand had a large net trade with Switzerland in the exports of Precious Metals ($2.66B), Machines ($357M), and Instruments ($263M).

Service Trade

Bilateral Service Trade

Che Year

In 2019, Switzerland exported services to Thailand worth $114M, with Travel ($114M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland () to Thailand () (2019)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Thailand () (2022)

Exports from Thailand () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Thailand ()

Switzerland Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Switzerland () (2022)

Comparative Advantage Switzerland - Thailand

Service Trade

Bilateral Service Trade

Services Exports from Switzerland () to Thailand () (2019)

Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Thailand () (2022)

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