Imports: The top imports of Switzerland are Gold ($63.5B), Packaged Medicaments ($20.4B), Jewellery ($16.6B), Cars ($10.7B), and Blood, antisera, vaccines, toxins and cultures ($9.99B), importing mostly from Germany ($62.3B), Italy ($24.5B), United States ($18.4B), France ($18.3B), and United Kingdom ($15.4B).

What are Switzerland imports?

Switzerland mainly imports metals, machinery and chemicals. The most imported good in Switzerland is gold, that represents 21% of the country’s total imports. The second place is occupied by medicines, with almost 6%, and cars and car parts with almost 5%.

Does Switzerland import or export more?

Switzerland is currently our 16th largest goods trading partner with $62.5 billion in total (two way) goods trade during 2019. Goods exports totaled $17.9 billion; goods imports totaled $44.6 billion.

Is Switzerland an importer or exporter?

Switzerland All Products Exports and Imports Switzerland services export is 131,267,000,000 in BoP, current US$ and services import is 122,465,000,000 in Bop, current US$. Switzerland exports of goods and services as percentage of GDP is 66.03% and imports of goods and services as percentage of GDP is 53.41%.

What are the major industries in Switzerland?

Economy of Switzerland

What is the main export of Switzerland?

Switzerland’s major exports are machinery and equipment, chemical-pharmaceutical products, watches, and textiles and apparel. Raw materials, food, vegetable oils, and fuel account for about one-quarter of total imports and are transported by rail, truck, and barge.

How much is import duty in Switzerland?

Switzerland tends to impose low tariff rates on overall imports, with an average 2016 rate of 6.3%. While non-agricultural goods only faced an average tariff rate of 1.7% in 2016, duties of 34.2% were applied to agricultural goods, and animal and dairy products saw tariffs of 110% and 133.2%, respectively.

What are the top 5 exports of Switzerland?

What are the imports and exports of Switzerland?

Imports in Switzerland. Switzerland mainly imports metals, machinery and chemicals. The most imported good in Switzerland is gold that represents 21% of the country’s total imports. The second place is occupied by medicines with almost 6% and cars and car parts with almost 5%.

Where does Switzerland get most of its commodities from?

If you’re interested in trading some of these commodities, you can jump to our list of recommended regulated brokers in at the end of the page. Switzerland’s top export destinations are Germany ($47.9 billion), the United States ($39.7 billion), China ($30.4 billion), France ($19.2 billion), and India ($18.4 billion).

How much gold does Switzerland export a year?

According to World Gold Council figures, Switzerland has 1,040 tonnes, compared to the United States who are top-ranked with 8,133 tonnes. Switzerland is the 11th largest exporter of diamonds, with a 1.63% share of an annual export market valued at $116 billion.

Who are the top trade partners of Switzerland?

The top export destinations of Switzerland are Germany ($48.1B), the United States ($28.4B), China ($26.1B), India ($20.9B) and Hong Kong ($15.5B). The top import origins are Germany ($54.6B), the United States ($21.3B), Italy ($20.7B), the United Kingdom ($19.3B) and France ($16.4B).