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Monitor Report of SWITZERLAND trade and SWITZERLAND-China binational trade in 202007

 1.  Overview the trade of SWITZERLAND in goods current year until 202007

According to Dalian Infobank, in 202007SWITZERLAND's exports and imports of goods amounted to 53332.1856 million, and were down 4.70% comparing with the same period of last year. Among these, exports were down 5.47% at 27620.0989 million, and imports were down 3.86% at 25712.0867 million. And the corresponding trade surplus was 1908.0122 million and down 22.85%.

During the current year until 202007, SWITZERLAND's total exports and imports of goods were 346156.0663 million and were up 1.16% comparing to the same period of last year. Among these, exports were 181311.1953 million and up 0.52%; imports were 164844.8710 million and up 1.87%. The total trade surplus was 16466.3242 million and down 11.31%.

If considering by country (region), GERMANY, UNITED STATES, ITALY, FRANCE, UNITED KINGDOM were SWITZERLAND's top five trading partners. During the current year until 202007, SWITZERLAND's imports and exports to five countries/territories were 60734.8396 million, 58587.2799 million, 21234.1913 million, 19575.1487 million, 18740.5738 million. These values correspond to 17.55%, 16.93%, 6.13%, 5.66%, 5.41% of SWITZERLAND's imports and exports, and, respectively, were down 2.35%, up 62.21%, down 8.54%, down 11.11%, down 16.03% comparing to the same period of last year.

Current year until 202007, 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 202007, SWITZERLAND's exports to these five countries/territories were 48246.2097 million, 28569.8055 million, 9277.0552 million, 9110.3492 million, 8552.0943 million. These values correspond to 26.61%, 15.76%, 5.12%, 5.02%, 4.72% of SWITZERLAND's exports and, respectively, were up 89.81%, up 0.55%, down 11.30%, down 21.45%, down 13.25% comparing with the same period of last year.

Current year until 202007, SWITZERLAND's exports to top five countries/territories GERMANY, ITALY, UNITED KINGDOM, UNITED STATES, FRANCE are the top five countries/territories that SWITZERLAND imports from in terms of the total export amount. During the current year until 202007, SWITZERLAND's imports from these five countries/territories were 32165.0340 million, 12682.0970 million, 11724.1240 million, 10341.0702 million, 10298.0935 million. These values correspond to 19.51%, 7.69%, 7.11%, 6.27%, 6.25% of SWITZERLAND's total imports and, respectively, were down 4.78%, down 5.06%, up 18.90%, down 3.36%, down 10.95% comparing with the same period of last year.

During the current year until 202007, the trade surplus of SWITZERLAND was mainly from UNITED STATES, INDIA, SLOVENIA, JAPAN, SINGAPORE at 37905.1395 million, 3282.4513 million, 1896.5113 million, 1787.8513 million, 1730.6082 million, and up 157.55%, down 70.10%, up 38.91%, down 24.13%, down 22.81%. And the trade deficits were mainly from UNITED ARAB EMIRATES, THAILAND, UNITED KINGDOM, ITALY, GERMANY at 6282.9272 million, 4713.3569 million, 4707.6743 million, 4130.0027 million, 3595.2285 million, and up 9.77%, up 136.76%, down 281.28%, up 17.98%, down 33.00%.

Current year until 202007, SWITZERLAND's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 107555.9522 million, 76557.4087 million, 22472.8514 million, 19006.5954 million, 15001.5670 million, which were up 17.83%, up 15.08%, down 10.63%, down 14.57%, down 5.26% comparing with the same period of last year and account for 31.07%, 22.12%, 6.49%, 5.49%, 4.33% of SWITZERLAND's total imports and exports.

During the current year until 202007, 30, 71, 29, 84, 90 were SWITZERLAND's top five traded commodities, with total import and export values of 53218.1387 million, 48428.1130 million, 14782.9961 million, 11663.0664 million, 9247.3614 million. These values correspond to 29.35%, 26.71%, 8.15%, 6.43%, 5.10% of SWITZERLAND's total exports and, respectively, were up 9.79%, up 14.09%, up 9.13%, down 13.76%, down 9.28% comparing to the same period of last year.

During the current year until 202007, 71, 30, 84, 85, 87 were SWITZERLAND's top five traded commodities, with total import values of 59127.8392 million, 23339.2700 million, 10809.7850 million, 8197.5165 million, 7730.6816 million. These values correspond to 35.87%, 14.16%, 6.56%, 4.97%, 4.69% of SWITZERLAND's total exports and, respectively, were up 21.09%, up 29.28%, down 6.99%, down 2.53%, down 19.02% comparing to the same period of last year.


2. Current year until 202007, SWITZERLAND binational trade profile

According to Dalian Infobank, during the current year until 202007, SWITZERLAND-China binational exports and imports of goods amounted to 18649.0716 million and were down 6.52% comparing with the same period of last year. Among these, exports from SWITZERLAND to China were 9110.3492 million and down 21.45%, imports from China to SWITZERLAND were 9538.7224 million and up 14.21%. The total binational trade deficit was 428.3732 million and down 113.19%.

During the urrent year until 202007, 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 3040.2149 million, 2706.3273 million, 2656.6761 million, 1570.4570 million, 1307.1064 million and makes up 16.30%, 14.51%, 14.25%, 8.42%, 7.01% of the total binational imports and exports. These values were also up 29.77%, up 8.43%, down 0.56%, down 66.36%, down 13.88% comparing to the same period last year.

During the current year until 202007, 30, 71, 91, 84, 90 were the top five traded commodities exported to China from SWITZERLAND, with export values of 2972.7283 million, 1341.6564 million, 1079.8402 million, 1003.9163 million, 616.9212 million. These values account for 32.63%, 14.73%, 11.85%, 11.02%, 6.77% of SWITZERLAND's total exports and were up 28.89%, down 70.30%, down 0.02%, down 8.59%, down 2.83% comparing to the same period of last year.

During the current year until 202007, 85, 84, 62, 63, 29 were SWITZERLAND's top five traded commodities importing from China , with import values of 2151.7152 million, 1652.7599 million, 735.3234 million, 711.1347 million, 580.4552 million. These values account for 22.56%, 17.33%, 7.71%, 7.46%, 6.09% of SWITZERLAND's total imports and were up 8.81%, up 5.04%, up 29.65%, up 711.31%, down 7.98% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Federal Customs Administration