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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202107

 1.  Overview the trade of SWITZERLAND in goods current year until 202107

According to Dalian Infobank, in 202107SWITZERLAND's exports and imports of goods amounted to 54521.5579 million, and were up 1.87% comparing with the same period of last year. Among these, exports were up 10.76% at 30625.7943 million, and imports were down 7.62% at 23895.7636 million. And the corresponding trade surplus was 6730.0307 million and up 277.14%.

During the current year until 202107, SWITZERLAND's total exports and imports of goods were 399758.9843 million and were up 15.40% comparing to the same period of last year. Among these, exports were 216641.5584 million and up 19.46%; imports were 183117.4259 million and up 10.94%. The total trade surplus was 33524.1325 million and up 105.68%.

If considering by country (region), GERMANY, UNITED STATES, CHINA, UNITED KINGDOM, ITALY were SWITZERLAND's top five trading partners. During the current year until 202107, SWITZERLAND's imports and exports to five countries/territories were 68495.9842 million, 49379.6814 million, 28005.1079 million, 27902.4419 million, 25991.8864 million. These values correspond to 17.13%, 12.35%, 7.01%, 6.98%, 6.50% of SWITZERLAND's imports and exports, and, respectively, were up 12.74%, down 15.81%, up 50.17%, up 48.79%, up 22.38% comparing to the same period of last year.

Current year until 202107, 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 202107, SWITZERLAND's exports to these five countries/territories were 35858.5340 million, 32630.1541 million, 17331.7625 million, 17185.3582 million, 11490.4229 million. These values correspond to 16.55%, 15.06%, 8.00%, 7.93%, 5.30% of SWITZERLAND's exports and, respectively, were down 25.71%, up 14.22%, up 293.23%, up 88.62%, up 34.35% comparing with the same period of last year.

Current year until 202107, 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 202107, SWITZERLAND's imports from these five countries/territories were 35865.8301 million, 18270.2764 million, 14501.4635 million, 13521.1474 million, 10819.7497 million. These values correspond to 19.59%, 9.98%, 7.92%, 7.38%, 5.91% of SWITZERLAND's total imports and, respectively, were up 11.43%, up 55.76%, up 14.31%, up 30.19%, up 13.43% comparing with the same period of last year.

During the current year until 202107, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, CHINA, SLOVENIA, HONG KONG at 22337.3865 million, 16048.5625 million, 6365.6085 million, 3260.6602 million, 2418.8582 million, and down 41.03%, up 390.33%, down 1589.45%, up 71.93%, down 231.04%. And the trade deficits were mainly from UNITED KINGDOM, GERMANY, ITALY, UNITED ARAB EMIRATES, SOUTH AFRICA at 8638.1110 million, 3235.6759 million, 3011.0405 million, 2751.6783 million, 2549.8471 million, and up 83.54%, down 10.57%, down 27.16%, down 56.18%, up 215.78%.

Current year until 202107, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202107,  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 121508.4889 million, 83050.9527 million, 25958.6877 million, 21247.2463 million, 17798.3864 million, which were up 12.76%, up 8.48%, up 15.46%, up 11.77%, up 18.62% comparing with the same period of last year and account for 30.40%, 20.78%, 6.49%, 5.32%, 4.45% of SWITZERLAND's total imports and exports.

During the current year until 202107, 71, 30, 29, 91, 84 were SWITZERLAND's top five traded commodities, with total import and export values of 60047.9318 million, 58187.6300 million, 16943.2255 million, 13934.2284 million, 13658.1508 million. These values correspond to 27.72%, 26.86%, 7.82%, 6.43%, 6.30% of SWITZERLAND's total exports and, respectively, were up 23.96%, up 9.33%, up 14.61%, up 57.87%, up 17.03% comparing to the same period of last year.

During the current year until 202107, 71, 30, 84, 85, 87 were SWITZERLAND's top five traded commodities, with total import values of 61460.5571 million, 24863.3228 million, 12300.5369 million, 9679.8608 million, 9587.0337 million. These values correspond to 33.56%, 13.58%, 6.72%, 5.29%, 5.24% of SWITZERLAND's total exports and, respectively, were up 3.61%, up 6.53%, up 13.77%, up 18.09%, up 24.01% comparing to the same period of last year.


2. Current year until 202107, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202107, SWITZERLAND-China binational exports and imports of goods amounted to 28005.1079 million and were up 50.17% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 17185.3582 million and up 88.62%, imports from China to SWITZERLAND were 10819.7497 million and up 13.43%. The total binational trade surplus was 6365.6085 million and down 1589.45%.

During the urrent year until 202107, 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 8435.1232 million, 3242.4396 million, 3146.7130 million, 2941.8873 million, 2320.4557 million and makes up 30.12%, 11.58%, 11.24%, 10.50%, 8.29% of the total binational imports and exports. These values were also up 437.11%, up 19.81%, up 18.46%, down 3.25%, up 77.51% comparing to the same period last year.

During the current year until 202107, 71, 30, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 8022.5793 million, 2872.7191 million, 1940.6664 million, 1221.0741 million, 806.9607 million. These values account for 46.68%, 16.72%, 11.29%, 7.11%, 4.70% of SWITZERLAND's total exports and were up 497.96%, down 3.38%, up 79.71%, up 21.61%, up 30.80% comparing to the same period of last year.

During the current year until 202107, 85, 84, 29, 62, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 2568.3519 million, 1925.6389 million, 733.1892 million, 724.7198 million, 549.9182 million. These values account for 23.74%, 17.80%, 6.78%, 6.70%, 5.08% of SWITZERLAND's total imports and were up 19.36%, up 16.54%, up 26.31%, down 1.44%, up 2.18% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration