Switzerland-Liechtenstein

In 2013, the value of merchandise exports of Switzerland increased slightly by 1.4 percent to reach 229.2 bln US$, while its merchandise imports increased slightly by 1.6 percent to reach 200.9 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small surplus of 28.2 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -20.2 bln US$ (see graph 4). Merchandise exports in Switzerland were diversified amongst partners; imports were also diversified. The top 19 partners accounted for 80 percent or more of exports and 12 partners accounted for 80 percent or more of imports (see graph 5). In 2011, the value of exports of services of Switzerland increased substantially by 15.6 percent, reaching 96.7 bln US$, while its imports of services increased substantially by 23.9 percent and reached 45.2 bln US$ (see graph 2). The increase in exports was mostly attributable to "Other business services" (EBOPS code 268) and "Royalties and license fees" (EBOPS code 266). The increase in imports was mostly attributable to "Royalties and license fees" (EBOPS code 266) and "Travel" (EBOPS code 236). There was a large trade in services surplus of 51.4 bln US$, which is the largest trade in services surplus recorded over the period from 2000 to 2011.

Related Subject(s): International Trade and Finance

Countries: Switzerland