1.  Overview the trade of SWITZERLAND in goods current year until 202111

According to Dalian Infobank, in 202111, SWITZERLAND's exports and imports of goods amounted to 66222.8906 million, and were up 21.03% comparing with the same period of last year. Among these, exports were up 23.58% at 36639.9881 million, and imports were up 18.02% at 29582.9025 million. And the corresponding trade surplus was 7057.0855 million and up 53.95%.

During the current year until 202111, SWITZERLAND's total exports and imports of goods were 642586.5116 million and were up 14.32% comparing to the same period of last year. Among these, exports were 349780.2458 million and up 18.96%; imports were 292806.2658 million and up 9.24%. The total trade surplus was 56973.9801 million and up 119.38%.

If considering by country (region), GERMANY, UNITED STATES, CHINA, UNITED KINGDOM, ITALY were SWITZERLAND's top five trading partners. During the current year until 202111, SWITZERLAND's imports and exports to five countries/territories were 108031.3282 million, 79511.2479 million, 48557.7911 million, 43824.0264 million, 40614.7857 million. These values correspond to 16.81%, 12.37%, 7.56%, 6.82%, 6.32% of SWITZERLAND's imports and exports, and, respectively, were up 10.99%, down 9.89%, up 51.52%, up 41.59%, up 12.43% comparing to the same period of last year.

Current year until 202111, SWITZERLAND and the top five trade partners UNITED STATES, GERMANY, CHINA, INDIA, ITALY are the top five countries/territories that SWITZERLAND exports to in terms of the total export amount. During the current year until 202111, SWITZERLAND's exports to these five countries/territories were 57591.0062 million, 51139.1232 million, 30627.6358 million, 29525.7723 million, 18623.2939 million. These values correspond to 16.46%, 14.62%, 8.76%, 8.44%, 5.32% of SWITZERLAND's exports and, respectively, were down 16.19%, up 12.85%, up 92.62%, up 210.73%, up 29.56% comparing with the same period of last year.

Current year until 202111, 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 202111, SWITZERLAND's imports from these five countries/territories were 56892.2050 million, 30518.4906 million, 21991.4917 million, 21920.2417 million, 17930.1553 million. These values correspond to 19.43%, 10.42%, 7.51%, 7.49%, 6.12% of SWITZERLAND's total imports and, respectively, were up 9.37%, up 107.18%, up 1.10%, up 12.29%, up 11.06% comparing with the same period of last year.

During the current year until 202111, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, CHINA, SLOVENIA, HONG KONG at 35670.7645 million, 27362.8516 million, 12697.4805 million, 5821.5184 million, 4875.2766 million, and down 27.49%, up 254.82%, down 5297.75%, up 60.32%, down 183.70%. And the trade deficits were mainly from UNITED KINGDOM, GERMANY, UNITED ARAB EMIRATES, ITALY, SOUTH AFRICA at 17212.9548 million, 5753.0818 million, 4077.4259 million, 3368.1978 million, 3201.5111 million, and down 1253.78%, down 14.18%, down 41.29%, down 54.34%, up 89.78%.

Current year until 202111, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202111,  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 197375.9858 million, 132057.9092 million, 41099.2284 million, 34749.0244 million, 28310.6609 million, which were up 11.39%, up 12.35%, up 12.63%, up 12.95%, up 14.65% comparing with the same period of last year and account for 30.72%, 20.55%, 6.40%, 5.41%, 4.41% of SWITZERLAND's total imports and exports.

During the current year until 202111, 71, 30, 29, 91, 84 were SWITZERLAND's top five traded commodities, with total import and export values of 98401.3322 million, 93495.7413 million, 27506.3512 million, 22303.5332 million, 21757.3513 million. These values correspond to 28.13%, 26.73%, 7.86%, 6.38%, 6.22% of SWITZERLAND's total exports and, respectively, were up 23.10%, up 14.27%, up 15.16%, up 36.90%, up 14.21% comparing to the same period of last year.

During the current year until 202111, 71, 30, 84, 85, 87 were SWITZERLAND's top five traded commodities, with total import values of 98974.6536 million, 38562.1678 million, 19341.8770 million, 15601.6718 million, 14447.3662 million. These values correspond to 33.80%, 13.17%, 6.61%, 5.33%, 4.93% of SWITZERLAND's total exports and, respectively, were up 1.76%, up 7.94%, up 10.91%, up 14.75%, up 6.14% comparing to the same period of last year.

2. Current year until 202111, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202111, SWITZERLAND-China binational exports and imports of goods amounted to 48557.7911 million and were up 51.52% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 30627.6358 million and up 92.62%, imports from China to SWITZERLAND were 17930.1553 million and up 11.06%. The total binational trade surplus was 12697.4805 million and down 5297.75%.

During the urrent year until 202111, 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 17186.5018 million, 5317.3573 million, 4962.6651 million, 4377.6561 million, 3624.0216 million and makes up 35.39%, 10.95%, 10.22%, 9.02%, 7.46% of the total binational imports and exports. These values were also up 406.14%, up 15.84%, up 15.34%, down 13.92%, up 36.36% comparing to the same period last year.

During the current year until 202111, 71, 30, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 16546.3176 million, 4261.1388 million, 2994.9286 million, 1920.6007 million, 1287.6061 million. These values account for 54.02%, 13.91%, 9.78%, 6.27%, 4.20% of SWITZERLAND's total exports and were up 536.29%, down 14.67%, up 33.92%, up 19.58%, up 26.20% comparing to the same period of last year.

During the current year until 202111, 85, 84, 29, 62, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 4273.4296 million, 3042.0643 million, 1271.0442 million, 1238.4870 million, 921.8676 million. These values account for 23.83%, 16.97%, 7.09%, 6.91%, 5.14% of SWITZERLAND's total imports and were up 16.21%, up 12.82%, up 37.59%, down 3.79%, down 3.65% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Federal Customs Administration