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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202108

 1.  Overview the trade of SWITZERLAND in goods current year until 202108

According to Dalian Infobank, in 202108SWITZERLAND's exports and imports of goods amounted to 51474.3621 million, and were down 1.75% comparing with the same period of last year. Among these, exports were up 12.33% at 29798.5214 million, and imports were down 16.18% at 21675.8408 million. And the corresponding trade surplus was 8122.6806 million and up 1117.33%.

During the current year until 202108, SWITZERLAND's total exports and imports of goods were 451654.8358 million and were up 13.25% comparing to the same period of last year. Among these, exports were 246506.3022 million and up 18.58%; imports were 205148.5337 million and up 7.46%. The total trade surplus was 41357.7685 million and up 143.76%.

If considering by country (region), GERMANY, UNITED STATES, CHINA, UNITED KINGDOM, ITALY were SWITZERLAND's top five trading partners. During the current year until 202108, SWITZERLAND's imports and exports to five countries/territories were 77498.3235 million, 57769.2841 million, 31797.3488 million, 29506.4654 million, 28565.0098 million. These values correspond to 17.16%, 12.79%, 7.04%, 6.53%, 6.32% of SWITZERLAND's imports and exports, and, respectively, were up 13.11%, down 14.65%, up 44.55%, up 39.23%, up 19.61% comparing to the same period of last year.

Current year until 202108, 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 202108, SWITZERLAND's exports to these five countries/territories were 41638.1523 million, 36845.8931 million, 21558.0014 million, 19440.1607 million, 12593.3645 million. These values correspond to 16.89%, 14.95%, 8.75%, 7.89%, 5.11% of SWITZERLAND's exports and, respectively, were down 23.36%, up 15.16%, up 264.95%, up 77.06%, up 32.62% comparing with the same period of last year.

Current year until 202108, SWITZERLAND's exports to top five countries/territories GERMANY, UNITED KINGDOM, UNITED STATES, ITALY, CHINA are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202108, SWITZERLAND's imports from these five countries/territories were 40652.4304 million, 18825.5863 million, 16131.1318 million, 15971.6453 million, 12357.1881 million. These values correspond to 19.82%, 9.18%, 7.86%, 7.79%, 6.02% of SWITZERLAND's total imports and, respectively, were up 11.32%, up 52.56%, up 20.79%, up 11.02%, up 12.16% comparing with the same period of last year.

During the current year until 202108, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, CHINA, SLOVENIA, HONG KONG at 25507.0205 million, 19991.6330 million, 7082.9727 million, 3989.2069 million, 2589.0944 million, and down 37.75%, up 332.97%, down 18423.00%, up 73.73%, down 178.94%. And the trade deficits were mainly from UNITED KINGDOM, GERMANY, ITALY, SOUTH AFRICA, UNITED ARAB EMIRATES at 8144.7071 million, 3806.5372 million, 3378.2808 million, 2757.5887 million, 2715.8408 million, and up 133.53%, down 15.86%, down 30.92%, up 171.93%, down 61.31%.

Current year until 202108, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202108,  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 135636.6338 million, 95398.5760 million, 29373.4615 million, 24090.5691 million, 20147.8033 million, which were up 5.34%, up 10.71%, up 15.42%, up 12.86%, up 17.69% comparing with the same period of last year and account for 30.03%, 21.12%, 6.50%, 5.33%, 4.46% of SWITZERLAND's total imports and exports.

During the current year until 202108, 71, 30, 29, 91, 84 were SWITZERLAND's top five traded commodities, with total import and export values of 68349.6690 million, 67244.1063 million, 19051.0432 million, 15600.7863 million, 15489.0745 million. These values correspond to 27.73%, 27.28%, 7.73%, 6.33%, 6.28% of SWITZERLAND's total exports and, respectively, were up 19.58%, up 11.67%, up 14.62%, up 51.12%, up 17.17% comparing to the same period of last year.

During the current year until 202108, 71, 30, 84, 85, 87 were SWITZERLAND's top five traded commodities, with total import values of 67286.9648 million, 28154.4697 million, 13884.3870 million, 10974.5147 million, 10523.2140 million. These values correspond to 32.80%, 13.72%, 6.77%, 5.35%, 5.13% of SWITZERLAND's total exports and, respectively, were down 6.03%, up 8.48%, up 13.53%, up 16.58%, up 20.04% comparing to the same period of last year.


2. Current year until 202108, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202108, SWITZERLAND-China binational exports and imports of goods amounted to 31797.3488 million and were up 44.55% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 19440.1607 million and up 77.06%, imports from China to SWITZERLAND were 12357.1881 million and up 12.16%. The total binational trade surplus was 7082.9727 million and down 18423.00%.

During the urrent year until 202108, 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 9642.4978 million, 3689.5068 million, 3557.2219 million, 3201.6023 million, 2635.0178 million and makes up 30.32%, 11.60%, 11.19%, 10.07%, 8.29% of the total binational imports and exports. These values were also up 304.55%, up 17.98%, up 17.53%, down 7.90%, up 65.85% comparing to the same period last year.

During the current year until 202108, 71, 30, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 9209.9849 million, 3127.3031 million, 2188.7356 million, 1390.7292 million, 912.4316 million. These values account for 47.38%, 16.09%, 11.26%, 7.15%, 4.69% of SWITZERLAND's total exports and were up 351.62%, down 8.00%, up 66.77%, up 21.13%, up 30.77% comparing to the same period of last year.

During the current year until 202108, 85, 84, 29, 62, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 2926.3962 million, 2166.4927 million, 872.0766 million, 818.9582 million, 629.8219 million. These values account for 23.68%, 17.53%, 7.06%, 6.63%, 5.10% of SWITZERLAND's total imports and were up 17.18%, up 15.33%, up 33.06%, down 3.16%, down 0.04% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration