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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202208

 1.  Overview the trade of SWITZERLAND in goods current year until 202208

According to Dalian Infobank, in 202208SWITZERLAND's exports and imports of goods amounted to 58574.0562 million, and were up 12.49% comparing with the same period of last year. Among these, exports were down 0.12% at 30018.2176 million, and imports were up 29.70% at 28555.8386 million. And the corresponding trade surplus was 1462.3791 million and down 81.81%.

During the current year until 202208, SWITZERLAND's total exports and imports of goods were 494436.0022 million and were up 9.07% comparing to the same period of last year. Among these, exports were 263502.9081 million and up 6.69%; imports were 230933.0941 million and up 11.91%. The total trade surplus was 32569.8140 million and down 19.82%.

If considering by country (region), GERMANY, UNITED STATES, CHINA, ITALY, FRANCE were SWITZERLAND's top five trading partners. During the current year until 202208, SWITZERLAND's imports and exports to five countries/territories were 83520.3128 million, 68277.0576 million, 42045.3711 million, 32001.6009 million, 28261.6121 million. These values correspond to 16.89%, 13.81%, 8.50%, 6.47%, 5.72% of SWITZERLAND's imports and exports, and, respectively, were up 7.46%, up 17.78%, up 32.16%, up 10.98%, up 20.56% comparing to the same period of last year.

Current year until 202208, SWITZERLAND and the top five trade partners UNITED STATES, GERMANY, CHINA, ITALY, FRANCE are the top five countries/territories that SWITZERLAND exports to in terms of the total export amount. During the current year until 202208, SWITZERLAND's exports to these five countries/territories were 45181.1755 million, 37064.9424 million, 28293.8099 million, 15825.4270 million, 13132.8625 million. These values correspond to 17.15%, 14.07%, 10.74%, 6.01%, 4.98% of SWITZERLAND's exports and, respectively, were up 8.45%, up 0.19%, up 45.52%, up 23.10%, up 11.81% comparing with the same period of last year.

Current year until 202208, SWITZERLAND's exports to top five countries/territories GERMANY, UNITED STATES, ITALY, FRANCE, CHINA are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202208, SWITZERLAND's imports from these five countries/territories were 46455.3703 million, 23095.8822 million, 16176.1739 million, 15128.7496 million, 13751.5612 million. These values correspond to 20.12%, 10.00%, 7.00%, 6.55%, 5.95% of SWITZERLAND's total imports and, respectively, were up 14.07%, up 41.60%, up 1.24%, up 29.34%, up 11.17% comparing with the same period of last year.

During the current year until 202208, the trade surplus of SWITZERLAND was mainly from UNITED STATES, CHINA, INDIA, TURKEY, SINGAPORE at 22085.2933 million, 14542.2487 million, 7497.0471 million, 3916.7442 million, 3717.4362 million, and down 12.88%, up 105.59%, down 62.49%, up 454.63%, up 138.11%. And the trade deficits were mainly from GERMANY, UZBEKISTAN, SOUTH AFRICA, UNITED ARAB EMIRATES, BURKINA FASO at 9390.4279 million, 2969.7267 million, 2875.6344 million, 2625.4175 million, 2148.4323 million, and up 151.61%, down 21654.66%, up 1.90%, down 3.23%, down 8.27%.

Current year until 202208, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202208,  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 149375.4942 million, 99606.6248 million, 30087.4991 million, 27317.8399 million, 21093.4265 million, which were up 9.42%, up 4.39%, up 2.45%, up 13.35%, up 4.65% comparing with the same period of last year and account for 30.21%, 20.15%, 6.09%, 5.53%, 4.27% of SWITZERLAND's total imports and exports.

During the current year until 202208, 71, 30, 29, 91, 84 were SWITZERLAND's top five traded commodities, with total import and export values of 76162.7974 million, 66767.2050 million, 21223.5502 million, 16718.7854 million, 15705.1353 million. These values correspond to 28.90%, 25.34%, 8.05%, 6.34%, 5.96% of SWITZERLAND's total exports and, respectively, were up 11.40%, down 0.72%, up 11.39%, up 7.16%, up 1.35% comparing to the same period of last year.

During the current year until 202208, 71, 30, 27, 84, 85 were SWITZERLAND's top five traded commodities, with total import values of 73212.6968 million, 32839.4198 million, 14839.9427 million, 14382.3638 million, 11762.2391 million. These values correspond to 31.70%, 14.22%, 6.43%, 6.23%, 5.09% of SWITZERLAND's total exports and, respectively, were up 7.44%, up 16.61%, up 169.54%, up 3.68%, up 7.06% comparing to the same period of last year.


2. Current year until 202208, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202208, SWITZERLAND-China binational exports and imports of goods amounted to 42045.3711 million and were up 32.16% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 28293.8099 million and up 45.52%, imports from China to SWITZERLAND were 13751.5612 million and up 11.17%. The total binational trade surplus was 14542.2487 million and up 105.59%.

During the urrent year until 202208, commodities with hs2 code, 71, 84, 85, 30, 91, were binational trade's top five traded commodities. They correspond to import and export values of 18348.2391 million, 4057.8859 million, 3947.5664 million, 3641.0618 million, 2211.1689 million and makes up 43.64%, 9.65%, 9.39%, 8.66%, 5.26% of the total binational imports and exports. These values were also up 90.27%, up 13.99%, up 6.91%, up 13.73%, down 16.08% comparing to the same period last year.

During the current year until 202208, 71, 30, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 17987.6411 million, 3563.3797 million, 1775.3754 million, 1564.1530 million, 968.2528 million. These values account for 63.57%, 12.59%, 6.27%, 5.53%, 3.42% of SWITZERLAND's total exports and were up 95.30%, up 13.96%, down 18.89%, up 12.32%, up 6.05% comparing to the same period of last year.

During the current year until 202208, 85, 84, 29, 62, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 3254.7046 million, 2493.7329 million, 1219.4391 million, 735.3577 million, 583.7040 million. These values account for 23.67%, 18.13%, 8.87%, 5.35%, 4.24% of SWITZERLAND's total imports and were up 11.11%, up 15.06%, up 39.33%, down 10.31%, down 7.45% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration