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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202004

 1.  Overview the trade of SWITZERLAND in goods current year until 202004

According to Dalian Infobank, in 202004SWITZERLAND's exports and imports of goods amounted to 48689.7994 million, and were down 0.00% comparing with the same period of last year. Among these, exports were down 8.22% at 24221.9718 million, and imports were up 9.72% at 24467.8276 million. And the corresponding trade deficit was 245.8557 million and down 106.01%.

During the current year until 202004, SWITZERLAND's total exports and imports of goods were 196339.0488 million and were up 4.84% comparing to the same period of last year. Among these, exports were 103261.3946 million and up 3.04%; imports were 93077.6542 million and up 6.91%. The total trade surplus was 10183.7403 million and down 22.56%.

If considering by country (region), GERMANY, UNITED STATES, ITALY, UNITED KINGDOM, FRANCE were SWITZERLAND's top five trading partners. During the current year until 202004, SWITZERLAND's imports and exports to five countries/territories were 35449.7890 million, 30054.2011 million, 11524.6343 million, 11344.1964 million, 11199.9181 million. These values correspond to 18.06%, 15.31%, 5.87%, 5.78%, 5.70% of SWITZERLAND's imports and exports, and, respectively, were up 1.65%, up 50.14%, down 8.06%, up 15.27%, down 3.51% comparing to the same period of last year.

Current year until 202004, SWITZERLAND and the top five trade partners UNITED STATES, GERMANY, CHINA, FRANCE, ITALY are the top five countries/territories that SWITZERLAND exports to in terms of the total export amount. During the current year until 202004, SWITZERLAND's exports to these five countries/territories were 23353.7721 million, 16778.8909 million, 5379.4110 million, 5150.3932 million, 4991.5358 million. These values correspond to 22.62%, 16.25%, 5.21%, 4.99%, 4.83% of SWITZERLAND's exports and, respectively, were up 67.73%, up 6.50%, down 20.01%, down 3.19%, down 8.38% comparing with the same period of last year.

Current year until 202004, SWITZERLAND's exports to top five countries/territories GERMANY, UNITED KINGDOM, UNITED STATES, ITALY, FRANCE are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202004, SWITZERLAND's imports from these five countries/territories were 18670.8981 million, 7195.6807 million, 6700.4289 million, 6533.0985 million, 6049.5249 million. These values correspond to 20.06%, 7.73%, 7.20%, 7.02%, 6.50% of SWITZERLAND's total imports and, respectively, were down 2.35%, up 59.34%, up 9.96%, down 7.82%, down 3.77% comparing with the same period of last year.

During the current year until 202004, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, SINGAPORE, JAPAN, TURKEY at 16653.3432 million, 2597.3925 million, 1435.4576 million, 1394.9675 million, 1091.4932 million, and up 112.68%, down 57.99%, up 6.03%, down 7.86%, up 52.24%. And the trade deficits were mainly from UNITED ARAB EMIRATES, THAILAND, UNITED KINGDOM, GERMANY, ITALY at 3621.3978 million, 3095.2221 million, 3047.1650 million, 1892.0072 million, 1541.5627 million, and up 46.61%, up 653.82%, down 476.48%, down 43.78%, down 5.97%.

Current year until 202004, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202004,  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 58221.3048 million, 44622.4281 million, 12483.7063 million, 11362.0797 million, 8524.3928 million, which were up 26.27%, up 20.08%, down 11.84%, down 6.29%, down 5.58% comparing with the same period of last year and account for 29.65%, 22.73%, 6.36%, 5.79%, 4.34% of SWITZERLAND's total imports and exports.

During the current year until 202004, 30, 71, 29, 84, 90 were SWITZERLAND's top five traded commodities, with total import and export values of 31310.9101 million, 25436.0085 million, 8732.6828 million, 6505.2789 million, 5416.2957 million. These values correspond to 30.32%, 24.63%, 8.46%, 6.30%, 5.25% of SWITZERLAND's total exports and, respectively, were up 16.20%, up 9.34%, up 15.99%, down 14.21%, down 6.19% comparing to the same period of last year.

During the current year until 202004, 71, 30, 84, 85, 87 were SWITZERLAND's top five traded commodities, with total import values of 32785.2963 million, 13311.5180 million, 5978.4275 million, 4564.3729 million, 4297.9684 million. These values correspond to 35.22%, 14.30%, 6.42%, 4.90%, 4.62% of SWITZERLAND's total exports and, respectively, were up 43.52%, up 30.30%, down 9.09%, down 6.89%, down 20.75% comparing to the same period of last year.


2. Current year until 202004, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202004, SWITZERLAND-China binational exports and imports of goods amounted to 10391.9788 million and were down 11.00% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 5379.4110 million and down 20.01%, imports from China to SWITZERLAND were 5012.5678 million and up 1.23%. The total binational trade surplus was 366.8433 million and down 79.31%.

During the urrent year until 202004, commodities with hs2 code, 30, 85, 84, 71, 91, were binational trade's top five traded commodities. They correspond to import and export values of 1842.3137 million, 1471.1076 million, 1413.9205 million, 1248.3220 million, 655.2042 million and makes up 17.73%, 14.16%, 13.61%, 12.01%, 6.30% of the total binational imports and exports. These values were also up 39.21%, up 0.98%, down 5.99%, down 58.57%, down 20.46% comparing to the same period last year.

During the current year until 202004, 30, 71, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 1807.5281 million, 1091.5713 million, 517.8625 million, 514.0558 million, 329.1726 million. These values account for 33.60%, 20.29%, 9.63%, 9.56%, 6.12% of SWITZERLAND's total exports and were up 38.61%, down 62.66%, down 9.91%, down 13.14%, up 0.02% comparing to the same period of last year.

During the current year until 202004, 85, 84, 62, 29, 61 were SWITZERLAND's top five traded commodities importing from China , with import values of 1161.3734 million, 899.8647 million, 381.8092 million, 333.5119 million, 278.2543 million. These values account for 23.17%, 17.95%, 7.62%, 6.65%, 5.55% of SWITZERLAND's total imports and were down 1.20%, down 1.36%, up 11.21%, down 21.69%, up 26.80% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration