Switzerland / United Kingdom

Switzerland-United Kingdom Trade: In 2023, Switzerland exported $13.6B to United Kingdom. The main products that Switzerland exported to United Kingdom were Gold ($3.26B), Vaccines, blood, antisera, toxins and cultures ($1.43B), and Nitrogen Heterocyclic Compounds ($1.39B). Over the past 5 years the exports of Switzerland to United Kingdom have increased at an annualized rate of 11.3%, from $7.98B in 2018 to $13.6B in 2023.

In 2019, Switzerland exported services to United Kingdom worth $10.4B, with Royalties and license fees ($3.38B), Transportation ($2.76B), and Financial services ($1.67B) being the largest in terms of value.

United Kingdom-Switzerland Trade: In 2023, United Kingdom exported $7.18B to Switzerland. The main products that United Kingdom exported to Switzerland were Gold ($2.44B), Cars ($509M), and Packaged Medicaments ($495M). Over the past 5 years the exports of United Kingdom to Switzerland have decreased at an annualized rate of 6.34%,  from $26.6B in 2018 to $7.18B in 2023.

In 2019, United Kingdom exported services to Switzerland worth $5.28B, with Financial services ($1.99B), Transportation ($1.11B), and Travel ($903M) being the largest in terms of value.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).