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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202301

 1.  Overview the trade of SWITZERLAND in goods current year until 202301

According to Dalian Infobank, in 202301SWITZERLAND's exports and imports of goods amounted to 67131.6295 million, and were up 11.92% comparing with the same period of last year. Among these, exports were up 11.78% at 35407.7051 million, and imports were up 12.08% at 31723.9244 million. And the corresponding trade surplus was 3683.7807 million and up 9.29%.

During the current year until 202301, SWITZERLAND's total exports and imports of goods were 67131.6295 million and were up 11.92% comparing to the same period of last year. Among these, exports were 35407.7051 million and up 11.78%; imports were 31723.9244 million and up 12.08%. The total trade surplus was 3683.7807 million and up 9.29%.

If considering by country (region), GERMANY, UNITED STATES, CHINA, ITALY, TURKEY were SWITZERLAND's top five trading partners. During the current year until 202301, SWITZERLAND's imports and exports to five countries/territories were 9931.6277 million, 9145.6323 million, 4377.3348 million, 4083.5066 million, 3957.7359 million. These values correspond to 14.79%, 13.62%, 6.52%, 6.08%, 5.90% of SWITZERLAND's imports and exports, and, respectively, were down 3.13%, up 48.88%, down 39.70%, up 15.79%, up 1062.34% comparing to the same period of last year.

Current year until 202301, SWITZERLAND and the top five trade partners UNITED STATES, GERMANY, TURKEY, CHINA, ITALY are the top five countries/territories that SWITZERLAND exports to in terms of the total export amount. During the current year until 202301, SWITZERLAND's exports to these five countries/territories were 5573.0894 million, 4427.4757 million, 3755.3094 million, 2575.2039 million, 2046.2054 million. These values correspond to 15.74%, 12.50%, 10.61%, 7.27%, 5.78% of SWITZERLAND's exports and, respectively, were up 33.02%, down 0.70%, up 1988.72%, down 52.45%, up 12.38% comparing with the same period of last year.

Current year until 202301, SWITZERLAND's exports to top five countries/territories GERMANY, UNITED STATES, UNITED ARAB EMIRATES, ITALY, FRANCE are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202301, SWITZERLAND's imports from these five countries/territories were 5504.1521 million, 3572.5429 million, 2533.2400 million, 2037.3012 million, 1899.4039 million. These values correspond to 17.35%, 11.26%, 7.99%, 6.42%, 5.99% of SWITZERLAND's total imports and, respectively, were down 5.00%, up 82.89%, up 276.54%, up 19.43%, down 3.96% comparing with the same period of last year.

During the current year until 202301, the trade surplus of SWITZERLAND was mainly from TURKEY, UNITED STATES, HONG KONG CN, SLOVENIA, CHINA at 3552.8829 million, 2000.5465 million, 1801.4585 million, 840.9196 million, 773.0731 million, and up 18518.77%, down 10.54%, up 295.61%, up 174.45%, down 78.36%. And the trade deficits were mainly from UNITED ARAB EMIRATES, UZBEKISTAN, GERMANY, IRELAND, GHANA at 1987.6518 million, 1747.5402 million, 1076.6764 million, 400.4797 million, 324.4453 million, and up 494.75%, up 195.02%, down 19.33%, up 22.66%, down 3.26%.

Current year until 202301, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202301,  commodities with hs2 codes, 71, 30, 29, 84, 85, were SWITZERLAND's top five traded commodities. They correspond to the import and export values of 21664.6741 million, 14462.4393 million, 4305.2637 million, 3668.2123 million, 2796.2677 million, which were up 25.79%, up 15.16%, up 16.89%, up 5.18%, up 8.04% comparing with the same period of last year and account for 32.27%, 21.54%, 6.41%, 5.46%, 4.17% of SWITZERLAND's total imports and exports.

During the current year until 202301, 30, 71, 29, 91, 84 were SWITZERLAND's top five traded commodities, with total import and export values of 10185.8915 million, 10091.4113 million, 3258.0185 million, 2006.3769 million, 1834.2003 million. These values correspond to 28.77%, 28.50%, 9.20%, 5.67%, 5.18% of SWITZERLAND's total exports and, respectively, were up 21.62%, up 14.92%, up 10.05%, up 7.93%, up 2.34% comparing to the same period of last year.

During the current year until 202301, 71, 30, 27, 84, 85 were SWITZERLAND's top five traded commodities, with total import values of 11573.2628 million, 4276.5478 million, 1906.7410 million, 1834.0121 million, 1600.8149 million. These values correspond to 36.48%, 13.48%, 6.01%, 5.78%, 5.05% of SWITZERLAND's total exports and, respectively, were up 37.10%, up 2.23%, down 28.93%, up 8.18%, up 9.67% comparing to the same period of last year.


2. Current year until 202301, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202301, SWITZERLAND-China binational exports and imports of goods amounted to 4377.3348 million and were down 39.70% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 2575.2039 million and down 52.45%, imports from China to SWITZERLAND were 1802.1309 million and down 2.26%. The total binational trade surplus was 773.0731 million and down 78.36%.

During the urrent year until 202301, 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 1677.2849 million, 542.9275 million, 399.4882 million, 312.0452 million, 263.1833 million and makes up 38.32%, 12.40%, 9.13%, 7.13%, 6.01% of the total binational imports and exports. These values were also down 60.36%, up 4.82%, down 25.83%, down 32.51%, down 16.35% comparing to the same period last year.

During the current year until 202301, 71, 30, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 1632.7352 million, 309.3431 million, 200.2171 million, 129.2140 million, 84.0041 million. These values account for 63.40%, 12.01%, 7.77%, 5.02%, 3.26% of SWITZERLAND's total exports and were down 61.12%, down 31.52%, down 17.85%, down 21.44%, down 7.89% comparing to the same period of last year.

During the current year until 202301, 85, 84, 29, 62, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 478.2594 million, 270.2742 million, 202.1598 million, 107.6342 million, 79.1915 million. These values account for 26.54%, 15.00%, 11.22%, 5.97%, 4.39% of SWITZERLAND's total imports and were up 6.00%, down 27.76%, up 33.06%, up 0.40%, down 0.20% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration