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How dependent is Switzerland on China?

In 2024, China sold $19.1 billion to Switzerland, 5% of its imports, ranking 6th among its suppliers. Its share was 4.7% in 2019 and 1.2% in 1995. In 32 products it sells more than 50% of what Switzerland buys of them (in 3, more than 75%); what Switzerland buys from China in those products (dominated value) adds up to $1.3 billion, 0.34% of its imports.

Summary

Share of its imports
5%
Value imported
$19.1billion
Rank among its suppliers
6th
Products where it sells over 50%
32
Products where it sells over 75%
3
Dominated value
$1.3billion
Share of total imports
0.3%

Trend

Trend in shares

China went from 1.2% to 5% of what Switzerland buys

Share (%)

  • China 5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951,0051.2%12
19961,0771.2%13
19971,2271.5%13
19981,3101.4%14
19991,3181.5%14
20001,4851.6%12
20011,3951.5%13
20021,4571.5%13
20031,8201.7%13
20042,3311.8%13
20052,7521.9%12
20063,2322%12
20074,3772.4%10
20085,0092.3%9
20094,8782.5%8
20106,0072.8%8
20117,0262.6%8
201210,7673.5%7
201312,0944.4%5
201412,3414.3%6
201512,3165.2%5
201611,8614.2%7
201712,9554.7%6
201814,1194.9%6
201913,5194.7%7
202014,8995%5
202119,5675.8%5
202220,2005.4%5
202319,3095.1%5
202419,1115%6

Products where China sells more than half

ProductSupplierShareSecondValue
Home appliancesChina57.9%Germany · 17.1%$220 million
Microphones and speakersChina51%Germany · 13.9%$202 million
Watch casesChina56.3%Hong Kong · 15%$189 million
Video game consoles and gamesChina53.8%Germany · 15%$152 million
Knitted tracksuits and swimwearChina54.7%Vietnam · 7%$74 million
Steel kitchenware and household articlesChina52.3%Germany · 17.3%$73 million
Sound players and recordersChina66.3%Germany · 8.1%$43 million
Other hatsChina53.2%Germany · 14.1%$42 million
Festive and Christmas articlesChina67.6%Germany · 11%$42 million
Knitted glovesChina54.7%Vietnam · 9.5%$36 million
Umbrellas and parasolsChina69.7%Germany · 9.9%$28 million
Flashlights and portable lampsChina70.2%Germany · 9.6%$24 million
Vacuum flasks (thermoses)China67.7%United Kingdom · 13.1%$21 million
Baby carriages and strollersChina82%over 75%Germany · 9.2%$19 million
Radio receiversChina52.8%Germany · 25.7%$18 million
Artificial flowers and foliageChina77.7%over 75%Germany · 9.6%$17 million
Flatware (spoons and forks)China51.7%Germany · 15.2%$14 million
Combs and hair accessoriesChina74%France · 6.5%$13 million
WigsChina57.6%Germany · 8.3%$12 million
Dust and powder of precious and semi-precious stonesChina52.9%United States · 14.7%$7 million
Halogenated or nitrated aldehyde derivativesChina64.3%Germany · 20.6%$5 million
Parts and accessories of umbrellas and walking-sticksChina58.1%Germany · 11.3%$5 million
Hand-operated kitchen appliancesChina57.7%France · 17.5%$5 million
Other yarn and rope articlesChina56.3%Germany · 18.1%$5 million
Wool grease and lanolinChina89.7%over 75%Belgium · 5%$2 million
Synthetic filament towChina55.1%France · 43%$2 million
TantalumChina62.6%Germany · 24.5%$2 million
Carbon and copy paperChina51.8%Germany · 31.3%$2 million
Glasses for clocks and spectacles, curved or bentChina54.7%Hong Kong · 10.1%$2 million
Artificial fur and articles thereofChina61.1%Italy · 23.3%$992 thousand

and 2 more

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%.

Are there other suppliers in the world?

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

Seen from China

Switzerland is China’s 32nd-largest customer, with 0.53% of its exports.

Sources and method

Sources and licenses

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.