Switzerland-France Bilateral Trade Analysis 2023

Complete trade statistics: $40.64B total volume โ€ขSwitzerland deficit: $3.14B

Switzerland โ†’ France

$18.75B

Exports (2023)

France โ†’ Switzerland

$21.89B

Imports (2023)

Trade Balance

$3.14B

Deficit for Switzerland

Total Trade

$40.64B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Switzerland and France. 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-France commercial relationship and competitive positioning in global markets.

Switzerland โ†’ France Exports

$18.75B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
10.8% top product
1Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$2.03B
10.8% of exports
2Metals: gold, non-monetary, unwrought (but not powder)
$1.71B
9.1% of exports
3Blood, 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
$1.48B
7.9% 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
$897.46M
4.8% of exports
5Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$867.99M
4.6% of exports
6Coffee: roasted, not decaffeinated
$760.46M
4.1% of exports
7Electrical energy
$496.06M
2.6% of exports
8Wrist-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
$387.92M
2.1% of exports
9Metals: gold, semi-manufactured
$311.41M
1.7% of exports
10Odoriferous substances and mixtures: used as raw materials in industries other than the food or drink industries
$301.66M
1.6% of exports

๐ŸŽฏ Strategic Export Focus

Switzerland's export portfolio to France demonstrates strong diversification across multiple sectors, with jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof representing a key competitive advantage in this bilateral market.

France โ†’ Switzerland Imports

$21.89B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
13.2% concentration
1Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$2.90B
13.2% of imports
2Electrical energy
$2.02B
9.2% of imports
3Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas
$1.30B
6.0% of imports
4Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$720.50M
3.3% of imports
5Metals: gold, non-monetary, unwrought (but not powder)
$612.08M
2.8% of imports
6Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$426.11M
1.9% of imports
7Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$423.24M
1.9% of imports
8Wine: still, in containers holding 2 litres or less
$341.64M
1.6% of imports
9Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906
$279.87M
1.3% of imports
10Cruise ships, excursion boats and similar vessels, principally designed for the transport of persons, ferry boats of all kinds
$268.09M
1.2% of imports

๐Ÿ“ฆ Import Strategy Analysis

Switzerland's import pattern from France reveals strategic sourcingin jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Switzerland demonstrates competitive strength in exportingjewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof to France, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $40.64B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Switzerland-France Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $40.64 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Switzerland maintains a deficit of $3.14 billion
  • Export Focus: Switzerland's primary exports include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, 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
  • Import Dependencies: Key imports from France include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, electrical energy, petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global 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 $40.64B 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 jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.

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 jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereofcomplements France's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $40.64B bilateral relationship.

Trade Pattern Insights

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

Trade Relationship Outlook

The $40.64B 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 $40.64 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof and jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Switzerland's trade deficit of $3.14 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in metals: gold, non-monetary, unwrought (but not powder) present expansion opportunities.
Market Diversification
Beyond current focus on jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof 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 France represents a total trade volume of $40.64 billion in 2023. This partnership demonstrates an unfavorable trade balance for Switzerland, with imports exceeding exportsby $3.14 billion.

Export Strengths

Switzerland's exports to France total $18.75 billion, with competitive advantages in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, representing $2.03B or10.8% of bilateral exports.

Import Dependencies

Imports from France amount to $21.89 billion, highlighting economic interdependence in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, with Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof comprising13.2% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Switzerland's strategic sourcing from France. 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 France 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