United Arab Emirates

United Arab Emirates

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United Arab Emirates-Switzerland Bilateral Trade Analysis 2023

Complete trade statistics: $21.58B total volume โ€ขUnited Arab Emirates deficit: $528.81M

United Arab Emirates โ†’ Switzerland

$10.52B

Exports (2023)

Switzerland โ†’ United Arab Emirates

$11.05B

Imports (2023)

Trade Balance

$528.81M

Deficit for United Arab Emirates

Total Trade

$21.58B

Combined Volume

Trade Flow Visualization

Direct trade relationship between United Arab Emirates and Switzerland. Green line shows exports from United Arab Emirates, red line shows imports.

Detailed Product Trade Analysis

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

United Arab Emirates โ†’ Switzerland Exports

$10.52B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
92.2% top product
1Metals: gold, non-monetary, unwrought (but not powder)
$9.71B
92.2% of exports
2Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$435.81M
4.1% of exports
3Turbo-jets: of a thrust exceeding 25kN
$44.96M
0.4% of exports
4Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set
$42.88M
0.4% of exports
5Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal
$42.20M
0.4% of exports
6Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or of metal clad with precious metal, with mechanical display only
$32.20M
0.3% of exports
7Wrist-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
$22.93M
0.2% of exports
8Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$17.69M
0.2% of exports
9Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set
$13.56M
0.1% of exports
10Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm
$12.49M
0.1% of exports

๐ŸŽฏ Strategic Export Focus

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

Switzerland โ†’ United Arab Emirates Imports

$11.05B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
57.3% concentration
1Metals: gold, non-monetary, unwrought (but not powder)
$6.33B
57.3% of imports
2Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$941.44M
8.5% of imports
3Metals: gold, semi-manufactured
$843.69M
7.6% of imports
4Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding
$593.35M
5.4% of imports
5Wrist-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
$426.22M
3.9% of imports
6Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal
$196.03M
1.8% of imports
7Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$174.38M
1.6% of imports
8Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only
$163.90M
1.5% of imports
9Blood, 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
$157.70M
1.4% of imports
10Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or of metal clad with precious metal, with mechanical display only
$82.16M
0.7% of imports

๐Ÿ“ฆ Import Strategy Analysis

United Arab Emirates's import pattern from Switzerland reveals strategic sourcingin metals: gold, non-monetary, unwrought (but not powder), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

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Market Leadership

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

Export Leader in 20+ Categories
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Trade Complementarity

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

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $21.58B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: United Arab Emirates-Switzerland Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $21.58 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: United Arab Emirates maintains a deficit of $528.81 million
  • Export Focus: United Arab Emirates's primary exports include metals: gold, non-monetary, unwrought (but not powder), jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, turbo-jets: of a thrust exceeding 25kn
  • Import Dependencies: Key imports from Switzerland include metals: gold, non-monetary, unwrought (but not powder), jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, metals: gold, semi-manufactured

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 $21.58B 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 United Arab Emirates 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

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

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in metals: gold, non-monetary, unwrought (but not powder).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $21.58B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
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Trade Relationship Outlook

The $21.58B 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 $21.58 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in metals: gold, non-monetary, unwrought (but not powder) and metals: gold, non-monetary, unwrought (but not powder) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

United Arab Emirates's trade deficit of $528.81 million 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 jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof present expansion opportunities.
Market Diversification
Beyond current focus on metals: gold, non-monetary, unwrought (but not powder), 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 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 United Arab Emirates and Switzerland represents a total trade volume of $21.58 billion in 2023. This partnership demonstrates an unfavorable trade balance for United Arab Emirates, with imports exceeding exportsby $528.81 million.

Export Strengths

United Arab Emirates's exports to Switzerland total $10.52 billion, with competitive advantages in metals: gold, non-monetary, unwrought (but not powder), representing $9.71B or92.2% of bilateral exports.

Import Dependencies

Imports from Switzerland amount to $11.05 billion, highlighting economic interdependence in metals: gold, non-monetary, unwrought (but not powder), with Metals: gold, non-monetary, unwrought (but not powder) comprising57.3% of total imports.

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