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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202106

 1.  Overview the trade of SWITZERLAND in goods current year until 202106

According to Dalian Infobank, in 202106SWITZERLAND's exports and imports of goods amounted to 60031.7475 million, and were up 24.45% comparing with the same period of last year. Among these, exports were up 31.15% at 33560.0091 million, and imports were up 16.88% at 26471.7384 million. And the corresponding trade surplus was 7088.2707 million and up 141.08%.

During the current year until 202106, SWITZERLAND's total exports and imports of goods were 344781.9553 million and were up 17.72% comparing to the same period of last year. Among these, exports were 185949.2394 million and up 20.98%; imports were 158832.7158 million and up 14.11%. The total trade surplus was 27116.5236 million and up 86.82%.

If considering by country (region), GERMANY, UNITED STATES, UNITED KINGDOM, CHINA, ITALY were SWITZERLAND's top five trading partners. During the current year until 202106, SWITZERLAND's imports and exports to five countries/territories were 59012.9823 million, 43077.1771 million, 26231.1076 million, 23916.6122 million, 21981.0306 million. These values correspond to 17.12%, 12.49%, 7.61%, 6.94%, 6.38% of SWITZERLAND's imports and exports, and, respectively, were up 14.19%, down 13.43%, up 62.78%, up 52.33%, up 25.30% comparing to the same period of last year.

Current year until 202106, SWITZERLAND and the top five trade partners UNITED STATES, GERMANY, INDIA, CHINA, ITALY are the top five countries/territories that SWITZERLAND exports to in terms of the total export amount. During the current year until 202106, SWITZERLAND's exports to these five countries/territories were 31055.6773 million, 28126.0141 million, 15081.5579 million, 14508.6893 million, 9893.6325 million. These values correspond to 16.70%, 15.13%, 8.11%, 7.80%, 5.32% of SWITZERLAND's exports and, respectively, were down 23.52%, up 14.73%, up 332.20%, up 88.36%, up 37.35% comparing with the same period of last year.

Current year until 202106, SWITZERLAND's exports to top five countries/territories GERMANY, UNITED KINGDOM, ITALY, UNITED STATES, CHINA are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202106, SWITZERLAND's imports from these five countries/territories were 30886.9681 million, 17454.4677 million, 12087.3981 million, 12021.4998 million, 9407.9229 million. These values correspond to 19.45%, 10.99%, 7.61%, 7.57%, 5.92% of SWITZERLAND's total imports and, respectively, were up 13.70%, up 64.36%, up 16.90%, up 31.34%, up 17.63% comparing with the same period of last year.

During the current year until 202106, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, CHINA, SLOVENIA, HONG KONG at 19034.1775 million, 13980.4384 million, 5100.7664 million, 2315.6185 million, 2064.8769 million, and down 39.48%, up 453.01%, down 1826.46%, up 46.34%, down 272.94%. And the trade deficits were mainly from UNITED KINGDOM, UNITED ARAB EMIRATES, GERMANY, SOUTH AFRICA, ITALY at 8677.8278 million, 2816.6385 million, 2760.9540 million, 2289.9971 million, 2193.7656 million, and up 69.31%, down 49.30%, up 4.19%, up 483.73%, down 30.06%.

Current year until 202106, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202106,  commodities with hs2 codes, 71, 30, 84, 29, 85, were SWITZERLAND's top five traded commodities. They correspond to the import and export values of 107078.4834 million, 71182.9568 million, 22053.5723 million, 18041.9275 million, 15210.8681 million, which were up 17.62%, up 9.93%, up 16.91%, up 7.33%, up 20.87% comparing with the same period of last year and account for 31.06%, 20.65%, 6.40%, 5.23%, 4.41% of SWITZERLAND's total imports and exports.

During the current year until 202106, 71, 30, 29, 91, 84 were SWITZERLAND's top five traded commodities, with total import and export values of 52217.1869 million, 50220.5851 million, 14336.0350 million, 11699.6951 million, 11586.2469 million. These values correspond to 28.08%, 27.01%, 7.71%, 6.29%, 6.23% of SWITZERLAND's total exports and, respectively, were up 27.44%, up 11.04%, up 9.24%, up 64.10%, up 18.39% comparing to the same period of last year.

During the current year until 202106, 71, 30, 84, 85, 87 were SWITZERLAND's top five traded commodities, with total import values of 54861.2965 million, 20962.3717 million, 10467.3254 million, 8299.6321 million, 8275.8632 million. These values correspond to 34.54%, 13.20%, 6.59%, 5.23%, 5.21% of SWITZERLAND's total exports and, respectively, were up 9.59%, up 7.34%, up 15.31%, up 21.18%, up 30.31% comparing to the same period of last year.


2. Current year until 202106, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202106, SWITZERLAND-China binational exports and imports of goods amounted to 23916.6122 million and were up 52.33% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 14508.6893 million and up 88.36%, imports from China to SWITZERLAND were 9407.9229 million and up 17.63%. The total binational trade surplus was 5100.7664 million and down 1826.46%.

During the urrent year until 202106, commodities with hs2 code, 71, 85, 84, 30, 91, were binational trade's top five traded commodities. They correspond to import and export values of 7046.1351 million, 2804.6034 million, 2715.3107 million, 2501.9640 million, 1969.8723 million and makes up 29.46%, 11.73%, 11.35%, 10.46%, 8.24% of the total binational imports and exports. These values were also up 387.02%, up 26.62%, up 21.10%, down 4.06%, up 93.36% comparing to the same period last year.

During the current year until 202106, 71, 30, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 6701.5860 million, 2435.4167 million, 1650.7122 million, 1037.1480 million, 680.6199 million. These values account for 46.19%, 16.79%, 11.38%, 7.15%, 4.69% of SWITZERLAND's total exports and were up 442.86%, down 4.62%, up 101.11%, up 24.05%, up 33.56% comparing to the same period of last year.

During the current year until 202106, 85, 84, 62, 29, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 2237.5134 million, 1678.1627 million, 637.1871 million, 631.3555 million, 478.2711 million. These values account for 23.78%, 17.84%, 6.77%, 6.71%, 5.08% of SWITZERLAND's total imports and were up 27.42%, up 19.34%, up 3.27%, up 27.82%, up 7.43% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration