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How dependent is Taiwan on Switzerland?

In 2024, Switzerland sold $2.9 billion to Taiwan, 0.81% of its imports, ranking 21st among its suppliers. Its share was 0.67% in 2019 and 0.88% in 1995. In 5 products it sells more than 50% of what Taiwan buys of them (in 2, more than 75%); what Taiwan buys from Switzerland in those products (dominated value) adds up to $693 million, 0.19% of its imports.

Summary

Share of its imports
0.8%
Value imported
$2.9billion
Rank among its suppliers
21st
Products where it sells over 50%
5
Products where it sells over 75%
2
Dominated value
$693million
Share of total imports
0.2%

Trend

Trend in shares

Switzerland went from 0.88% to 0.81% of what Taiwan buys

Share (%)

  • Switzerland 0.81%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19957950.88%17
19967530.86%17
19971,1171%20
19981,1061.1%19
19991,1181%18
20001,0410.76%22
20018540.81%21
20028620.78%21
20031,0580.82%22
20041,4000.83%21
20051,3330.74%23
20061,2530.62%27
20071,4560.68%27
20081,6070.67%29
20091,1680.67%27
20101,5850.63%30
20112,4720.85%23
20121,8600.65%30
20131,8760.65%28
20141,8160.68%26
20151,7350.78%25
20161,6380.73%25
20171,6460.63%26
20181,9460.7%27
20191,8730.67%25
20202,3250.83%21
20212,2930.61%27
20222,4750.59%26
20232,1300.65%27
20242,9240.81%21

Products where Switzerland sells more than half

ProductSupplierShareSecondValue
Other wristwatchesSwitzerland87.2%over 75%China · 4.6%$259 million
Precious metal watchesSwitzerland84.2%over 75%Singapore · 9.4%$257 million
Precious metal compoundsSwitzerland65.7%China · 15.3%$173 million
DecalsSwitzerland51.1%Germany · 19%$3 million
Watch movementsSwitzerland53.5%India · 33.6%$1 million

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 Switzerland

Taiwan is Switzerland’s 25th-largest customer, with 0.73% 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.