2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Switzerland-Saudi Arabia Trade: In 2022, Switzerland exported $5.03B to Saudi Arabia. The main products that Switzerland exported to Saudi Arabia were Gold ($2.8B), Packaged Medicaments ($348M), and Jewellery ($309M). Over the past 5 years the exports of Switzerland to Saudi Arabia have increased at an annualized rate of 24.3%, from $1.69B in 2017 to $5.03B in 2022.

In 2022, Switzerland did not export any services to Saudi Arabia.

Saudi Arabia-Switzerland Trade: In 2022, Saudi Arabia exported $835M to Switzerland. The main products that Saudi Arabia exported to Switzerland were Gold ($441M), Aluminium Plating ($154M), and Jewellery ($151M). Over the past 5 years the exports of Saudi Arabia to Switzerland have increased at an annualized rate of 7.32%,  from $587M in 2017 to $835M in 2022.

In 2022, Saudi Arabia did not export any services to Switzerland.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $5.03B to Saudi Arabia. The main products exported from Switzerland to Saudi Arabia were Gold ($2.8B), Packaged Medicaments ($348M), and Jewellery ($309M). During the last 5 years the exports of Switzerland to Saudi Arabia have increased at an annualized rate of 24.3%, from $1.69B in 2017 to $5.03B in 2022.

In 2017, Saudi Arabia exported $835M to Switzerland. The main products exported from Saudi Arabia to Switzerland were Gold ($441M), Aluminium Plating ($154M), and Jewellery ($151M). During the last 5 years the exports of Saudi Arabia to Switzerland have increased at an annualized rate of 7.32%, from $587M in 2022 to $835M in 2017.

Exports from Switzerland (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Saudi Arabia (Flag)

Switzerland Exports

Saudi Arabia Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Saudi Arabia
Top Destination
China$68B

This map shows whether countries import more from Switzerland or Saudi Arabia. Each country is colored based on the difference in imports they receive from Switzerland and Saudi Arabia or the difference in the growth in imports.

In 2022, countries that imported more from Switzerland than Saudi Arabia included Germany ($53.5B), United States ($61.7B), and Italy ($22.8B).

In 2022, countries that imported more from Saudi Arabia than Switzerland included South Korea ($36B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Saudi Arabia

Flow
Scale

This chart compares trade between Switzerland and Saudi Arabia by product, considering products traded by both, Switzerland and Saudi Arabia.

During 2022, Switzerland had a large net trade with Saudi Arabia in the exports of Precious Metals ($3.12B), Chemical Products ($768M), and Instruments ($432M).

During 2017, Saudi Arabia had a large net trade with Switzerland in the exports of Precious Metals ($595M), Metals ($187M), and Plastics and Rubbers ($19.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Saudi Arabia+$79.1MPackaged Medicaments
Top Product Potential Saudi Arabia Switzerland+$9.3MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Switzerland and Saudi Arabia. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Saudi Arabia (Flag) (2022)

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