Switzerland-China Bilateral Trade Analysis 2023

Complete trade statistics: $65.13B total volume โ€ขSwitzerland surplus: $26.57B

Switzerland โ†’ China

$45.85B

Exports (2023)

China โ†’ Switzerland

$19.28B

Imports (2023)

Trade Balance

$26.57B

Surplus for Switzerland

Total Trade

$65.13B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Switzerland and China. Green line shows exports from Switzerland, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Switzerland-China commercial relationship and competitive positioning in global markets.

Switzerland โ†’ China Exports

$45.85B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
62.6% top product
1Metals: gold, non-monetary, unwrought (but not powder)
$28.69B
62.6% of exports
2Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
$2.81B
6.1% of exports
3Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$1.82B
4.0% of exports
4Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$1.71B
3.7% of exports
5Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$1.29B
2.8% of exports
6Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal
$642.82M
1.4% of exports
7Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only
$341.10M
0.7% of exports
8Dental fittings: other than artificial teeth
$304.53M
0.7% of exports
9Machinery, plant and equipment: for making hot drinks, for cooking or heating food
$290.86M
0.6% of exports
10Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
$186.54M
0.4% of exports

๐ŸŽฏ Strategic Export Focus

Switzerland's export portfolio to China demonstrates strong diversification across multiple sectors, with metals: gold, non-monetary, unwrought (but not powder) representing a key competitive advantage in this bilateral market.

China โ†’ Switzerland Imports

$19.28B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
6.3% concentration
1Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$1.21B
6.3% of imports
2Telephones for cellular networks or for other wireless networks
$1.03B
5.4% of imports
3Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$753.06M
3.9% of imports
4Heterocyclic compounds: n.e.c. in headings no. 2933
$408.69M
2.1% of imports
5Vehicles: with only electric motor for propulsion
$394.30M
2.0% of imports
6Electrical static converters
$324.49M
1.7% of imports
7Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$314.35M
1.6% of imports
8Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$297.62M
1.5% of imports
9Metals: silver, unwrought, (but not powder)
$226.05M
1.2% of imports
10Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)
$216.55M
1.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

Switzerland's import pattern from China reveals significant dependencyin automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Switzerland demonstrates competitive strength in exportingmetals: gold, non-monetary, unwrought (but not powder) to China, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $65.13B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Switzerland-China Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $65.13 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Switzerland maintains a surplus of $26.57 billion
  • Export Focus: Switzerland's primary exports include metals: gold, non-monetary, unwrought (but not powder), blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale, wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
  • Import Dependencies: Key imports from China include automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, telephones for cellular networks or for other wireless networks, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $65.13B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Switzerland leveraging its comparative advantages in metals: gold, non-monetary, unwrought (but not powder).

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Switzerland's specialization in metals: gold, non-monetary, unwrought (but not powder)complements China's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $65.13B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $65.13B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $65.13 billion bilateral trade volume represents a major economic driverfor both economies.

Economic Significance: Very High
๐Ÿญ

Industrial Integration

Trade flows in metals: gold, non-monetary, unwrought (but not powder) and automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Switzerland's trade surplus of $26.57 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale present expansion opportunities.
Market Diversification
Beyond current focus on automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in metals: gold, non-monetary, unwrought (but not powder) may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Switzerland and China represents a total trade volume of $65.13 billion in 2023. This partnership demonstrates a favorable trade balance for Switzerland, with exports exceeding importsby $26.57 billion.

Export Strengths

Switzerland's exports to China total $45.85 billion, with competitive advantages in metals: gold, non-monetary, unwrought (but not powder), representing $28.69B or62.6% of bilateral exports.

Import Dependencies

Imports from China amount to $19.28 billion, highlighting economic interdependence in automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display, with Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display comprising6.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Switzerland's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Switzerland and China in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023