How dependent is Spain on Switzerland?

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

• Switzerland sells 5.2% of what the world exports of bulk medicines; next come Ireland (18.2%), United States (15%) and Portugal (13.7%). The rest of the world exported 38.1 times what Spain buys from Switzerland.
• Switzerland sells 71.1% of what the world exports of precious metal watches; next come France (4.5%), Singapore (3.2%) and Germany (2.9%). The rest of the world exported 22.5 times what Spain buys from Switzerland.
• Switzerland sells 28.7% of what the world exports of other watch and clock parts; next come China (23.1%), France (9.8%) and Thailand (7.3%). The rest of the world exported 188 times what Spain buys from Switzerland.
• Switzerland sells 21.6% of what the world exports of watch movements; next come Japan (44.1%), China (9.7%) and Hong Kong (5.2%). The rest of the world exported 196.5 times what Spain buys from Switzerland.
• Switzerland sells 4.8% of what the world exports of complete unassembled clock or watch movements; next come Malaysia (32.1%), Japan (26.6%) and Singapore (16.9%). The rest of the world exported 408.6 times what Spain buys from Switzerland.
• Switzerland sells 14.1% of what the world exports of watch cases; next come China (55.9%), Hong Kong (10.2%) and Malaysia (3.3%). The rest of the world exported 1,293.6 times what Spain buys from Switzerland.

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Spain is Switzerland’s 20th-largest customer, with 1.3% of its exports.

• Trade between Spain and Switzerland
• Who does Spain rely on?
• Who does Switzerland rely on?
• Dependence of Spain on China
• Dependence of Spain on France
• Dependence of Spain on Morocco
• Dependence of Spain on Brazil
• Dependence of Spain on the United Kingdom
• Dependence of Spain on Ukraine
• Dependence of Spain on the United States
• Dependence of Spain on Italy
• Trade profile of Spain
• Trade profile of Switzerland
• All countries

Sources and licenses

• CEPII BACI · Licence Ouverte Etalab 2.0
• Natural Earth · Public domain

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.