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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202003

 1.  Overview the trade of SWITZERLAND in goods current year until 202003

According to Dalian Infobank, in 202003SWITZERLAND's exports and imports of goods amounted to 52760.2701 million, and were up 10.07% comparing with the same period of last year. Among these, exports were up 8.47% at 28316.4172 million, and imports were up 11.97% at 24443.8529 million. And the corresponding trade surplus was 3872.5642 million and down 9.39%.

During the current year until 202003, SWITZERLAND's total exports and imports of goods were 147649.2494 million and were up 6.54% comparing to the same period of last year. Among these, exports were 79039.4227 million and up 7.06%; imports were 68609.8266 million and up 5.94%. The total trade surplus was 10429.5961 million and up 15.10%.

If considering by country (region), GERMANY, UNITED STATES, FRANCE, ITALY, CHINA were SWITZERLAND's top five trading partners. During the current year until 202003, SWITZERLAND's imports and exports to five countries/territories were 27655.3419 million, 19051.3608 million, 9470.7103 million, 9373.2996 million, 7864.4496 million. These values correspond to 18.73%, 12.90%, 6.41%, 6.35%, 5.33% of SWITZERLAND's imports and exports, and, respectively, were up 6.46%, up 27.49%, up 7.81%, down 1.31%, down 7.87% comparing to the same period of last year.

Current year until 202003, SWITZERLAND and the top five trade partners UNITED STATES, GERMANY, FRANCE, CHINA, ITALY are the top five countries/territories that SWITZERLAND exports to in terms of the total export amount. During the current year until 202003, SWITZERLAND's exports to these five countries/territories were 14292.7190 million, 13106.2251 million, 4293.2439 million, 4274.7505 million, 4050.6528 million. These values correspond to 18.08%, 16.58%, 5.43%, 5.41%, 5.12% of SWITZERLAND's exports and, respectively, were up 35.45%, up 10.65%, up 7.31%, down 9.60%, down 2.76% comparing with the same period of last year.

Current year until 202003, SWITZERLAND's exports to top five countries/territories GERMANY, ITALY, FRANCE, UNITED STATES, CHINA are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202003, SWITZERLAND's imports from these five countries/territories were 14549.1167 million, 5322.6468 million, 5177.4664 million, 4758.6418 million, 3589.6991 million. These values correspond to 21.21%, 7.76%, 7.55%, 6.94%, 5.23% of SWITZERLAND's total imports and, respectively, were up 2.95%, down 0.17%, up 8.23%, up 8.36%, down 5.73% comparing with the same period of last year.

During the current year until 202003, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, SINGAPORE, HONG KONG, JAPAN at 9534.0771 million, 2589.2038 million, 1294.7102 million, 1195.9365 million, 1119.6469 million, and up 54.76%, down 21.39%, up 35.59%, down 28.30%, down 9.17%. And the trade deficits were mainly from UNITED ARAB EMIRATES, THAILAND, GERMANY, ITALY, FRANCE at 2503.0782 million, 1747.3004 million, 1442.8916 million, 1271.9940 million, 884.2225 million, and up 53.03%, up 202.52%, down 36.92%, up 9.05%, up 12.91%.

Current year until 202003, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202003,  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 38837.9542 million, 34055.1375 million, 9700.5578 million, 8657.3466 million, 6645.5669 million, which were up 21.81%, up 20.49%, down 8.53%, down 6.99%, down 3.17% comparing with the same period of last year and account for 26.30%, 23.06%, 6.57%, 5.86%, 4.50% of SWITZERLAND's total imports and exports.

During the current year until 202003, 30, 71, 29, 84, 91 were SWITZERLAND's top five traded commodities, with total import and export values of 23844.6622 million, 17901.9839 million, 6652.5509 million, 5023.2612 million, 4909.6373 million. These values correspond to 30.17%, 22.65%, 8.42%, 6.36%, 6.21% of SWITZERLAND's total exports and, respectively, were up 14.69%, up 16.32%, up 17.01%, down 11.79%, down 4.58% comparing to the same period of last year.

During the current year until 202003, 71, 30, 84, 87, 85 were SWITZERLAND's top five traded commodities, with total import values of 20935.9703 million, 10210.4754 million, 4677.2965 million, 3826.5990 million, 3548.5599 million. These values correspond to 30.51%, 14.88%, 6.82%, 5.58%, 5.17% of SWITZERLAND's total exports and, respectively, were up 26.93%, up 36.64%, down 4.75%, down 4.59%, down 4.47% comparing to the same period of last year.


2. Current year until 202003, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202003, SWITZERLAND-China binational exports and imports of goods amounted to 7864.4496 million and were down 7.87% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 4274.7505 million and down 9.60%, imports from China to SWITZERLAND were 3589.6991 million and down 5.73%. The total binational trade surplus was 685.0514 million and down 25.57%.

During the urrent year until 202003, commodities with hs2 code, 30, 71, 85, 84, 91, were binational trade's top five traded commodities. They correspond to import and export values of 1402.2259 million, 1144.9836 million, 1102.4823 million, 988.3831 million, 521.3808 million and makes up 17.83%, 14.56%, 14.02%, 12.57%, 6.63% of the total binational imports and exports. These values were also up 41.50%, down 40.55%, down 0.72%, down 11.94%, down 16.47% comparing to the same period last year.

During the current year until 202003, 30, 71, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 1377.5686 million, 1070.1244 million, 404.2527 million, 353.7913 million, 238.8910 million. These values account for 32.23%, 25.03%, 9.46%, 8.28%, 5.59% of SWITZERLAND's total exports and were up 40.60%, down 42.16%, down 9.02%, down 19.84%, down 1.57% comparing to the same period of last year.

During the current year until 202003, 85, 84, 62, 29, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 869.9244 million, 634.5918 million, 293.5529 million, 245.1849 million, 202.6376 million. These values account for 24.23%, 17.68%, 8.18%, 6.83%, 5.64% of SWITZERLAND's total imports and were down 3.43%, down 6.81%, up 8.92%, down 29.56%, up 17.63% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration