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Trade between Austria and Switzerland

In 2024, Austria exported $10.6 billion to Switzerland and imported $8.1 billion. Austria ran a surplus of $2.5 billion with Switzerland, compared with a surplus of $1.5 billion in 2019. Switzerland was Austria’s 5th largest trading partner (5% of its trade), and Austria was Switzerland’s 11th (2%).

Summary

Austria → Switzerland
$10.6billion
Switzerland → Austria
$8.1billion
Austria’s balance
$2.5billion

Balance

Austria’s trade balance with Switzerland

Trade between Austria and Switzerland grew 2.9-fold since 1995

USD billions (current). Austria’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 10.6
  • Imports 8.1
  • Balance +2.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.5 billion$2.9 billion$566 million
1996$3.2 billion$2.5 billion$746 million
1997$3 billion$2.3 billion$652 million
1998$3.4 billion$2.5 billion$879 million
1999$3.3 billion$2.3 billion$1 billion
2000$3.6 billion$2.3 billion$1.2 billion
2001$3.5 billion$2.5 billion$929 million
2002$3.7 billion$2.6 billion$1.1 billion
2003$4.3 billion$4 billion$355 million
2004$5.1 billion$3.6 billion$1.4 billion
2005$5.8 billion$4.3 billion$1.6 billion
2006$6.2 billion$4.6 billion$1.6 billion
2007$6.8 billion$6.3 billion$548 million
2008$7.4 billion$7.5 billion-$88 million
2009$6.6 billion$7.8 billion-$1.2 billion
2010$7.6 billion$8.1 billion-$461 million
2011$9 billion$9.8 billion-$813 million
2012$8.3 billion$8.9 billion-$551 million
2013$8.7 billion$9.1 billion-$406 million
2014$9.7 billion$8.9 billion$809 million
2015$7.8 billion$8.4 billion-$572 million
2016$7.9 billion$7.9 billion-$4 million
2017$8 billion$8.9 billion-$845 million
2018$8.6 billion$8.2 billion$395 million
2019$8.5 billion$7 billion$1.5 billion
2020$9 billion$8.8 billion$160 million
2021$10.2 billion$11.4 billion-$1.3 billion
2022$11.6 billion$10.8 billion$802 million
2023$10.9 billion$11.4 billion-$471 million
2024$10.6 billion$8.1 billion$2.5 billion

What they sell each other

What Austria sells to Switzerland

The top 10 headings in 2024, with their share of the total.

  1. Medicines in measured doses or retail packs$2.8 billion · 26.7%
    1 thousand tonnes · Austria’s destinations
  2. Vaccines, blood and antisera$369 million · 3.5%
    661 tonnes · Austria’s destinations
  3. Electricity$361 million · 3.4%
    Austria’s destinations
  4. Jewelry$247 million · 2.3%
    1 tonne · Switzerland’s sources
  5. Wood joinery$195 million · 1.8%
    84 thousand tonnes
  6. Paper boxes and packaging$171 million · 1.6%
    69 thousand tonnes
  7. Precious metal scrap$145 million · 1.4%
    7 tonnes
  8. Steel structures$141 million · 1.3%
    30 thousand tonnes
  9. Trucks$136 million · 1.3%
    6 thousand tonnes · Austria’s destinations
  10. Furniture$118 million · 1.1%
    11 thousand tonnes · Switzerland’s sources

What Switzerland sells to Austria

The top 10 headings in 2024, with their share of the total.

  1. Gold$1.1 billion · 13.6%
    14 tonnes · Switzerland’s destinations
  2. Hormones$646 million · 8%
  3. Vaccines, blood and antisera$598 million · 7.4%
    160 tonnes · Switzerland’s destinations
  4. Medicines in measured doses or retail packs$383 million · 4.7%
    1 thousand tonnes · Switzerland’s destinations
  5. Electricity$285 million · 3.5%
    Switzerland’s destinations
  6. Nucleic acids and other heterocycles$202 million · 2.5%
    93 tonnes
  7. Self-propelled trains and trams$162 million · 2%
    3 thousand tonnes
  8. Other wristwatches$151 million · 1.9%
    11 tonnes
  9. Soft drinks$132 million · 1.6%
    43 thousand tonnes
  10. Medical and dental instruments$108 million · 1.3%
    440 tonnes · Switzerland’s destinations

How it travels

Austria and Switzerland traded $18.7 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.

Split by transport mode

  1. Land$18.7 billion · 100%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Switzerland was Austria’s 5th largest trading partner (5% of its trade), and Austria was Switzerland’s 11th (2%).

Switzerland in Austria’s trade
4.7%
Switzerland’s rank among Austria’s partners
5th
Austria in Switzerland’s trade
2.4%
Austria’s rank among Switzerland’s partners
11th

Compare with

Other partners of Austria

Other partners of Switzerland

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.