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
$1.41TCURRENT US$
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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 PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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About

Switzerland-Mexico Trade: In 2022, Switzerland exported $1.65B to Mexico. The main products that Switzerland exported to Mexico were Packaged Medicaments ($256M), Vaccines, blood, antisera, toxins and cultures ($245M), and Base Metal Watches ($176M). Over the past 5 years the exports of Switzerland to Mexico have increased at an annualized rate of 2.16%, from $1.48B in 2017 to $1.65B in 2022.

In 2019, Switzerland exported services to Mexico worth $33.8M, with Travel ($33.8M) being the largest in terms of value.

Mexico-Switzerland Trade: In 2022, Mexico exported $2.3B to Switzerland. The main products that Mexico exported to Switzerland were Gold ($1.43B), Cars ($247M), and Silver ($108M). Over the past 5 years the exports of Mexico to Switzerland have increased at an annualized rate of 9.57%,  from $1.46B in 2017 to $2.3B in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $1.65B to Mexico. The main products exported from Switzerland to Mexico were Packaged Medicaments ($256M), Vaccines, blood, antisera, toxins and cultures ($245M), and Base Metal Watches ($176M). During the last 5 years the exports of Switzerland to Mexico have increased at an annualized rate of 2.16%, from $1.48B in 2017 to $1.65B in 2022.

In 2017, Mexico exported $2.3B to Switzerland. The main products exported from Mexico to Switzerland were Gold ($1.43B), Cars ($247M), and Silver ($108M). During the last 5 years the exports of Mexico to Switzerland have increased at an annualized rate of 9.57%, from $1.46B in 2022 to $2.3B in 2017.

Exports from Switzerland (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Mexico (Flag)

Switzerland Exports

Mexico Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Switzerland than Mexico included Germany ($53.5B), China ($44.1B), and Italy ($22.8B).

In 2022, countries that imported more from Mexico than Switzerland included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

Difference in imports from Mexico (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Mexico

Flow
Scale

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

During 2022, Switzerland had a large net trade with Mexico in the exports of Chemical Products ($691M), Machines ($384M), and Instruments ($321M).

During 2017, Mexico had a large net trade with Switzerland in the exports of Precious Metals ($1.55B), Transportation ($261M), and Instruments ($167M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Mexico+$99.3MPackaged Medicaments
Top Product Potential Mexico Switzerland+$173MCars

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 Mexico. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Switzerland.

Product Space of Switzerland (Flag) and Mexico (Flag) (2022)

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