Summary
- Canada → Switzerland
- $4.6billion
- Switzerland → Canada
- $5.7billion
- Canada’s balance
- -$1.1billion
Balance
Canada’s trade balance with Switzerland
Trade between Canada and Switzerland grew 8.4-fold since 1995
USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4.6
- Imports 5.7
- Balance -1.1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $506 million | $728 million | -$222 million |
| 1996 | $727 million | $765 million | -$38 million |
| 1997 | $368 million | $695 million | -$327 million |
| 1998 | $706 million | $754 million | -$48 million |
| 1999 | $440 million | $827 million | -$386 million |
| 2000 | $421 million | $936 million | -$515 million |
| 2001 | $324 million | $924 million | -$601 million |
| 2002 | $310 million | $992 million | -$682 million |
| 2003 | $433 million | $1 billion | -$593 million |
| 2004 | $562 million | $1.3 billion | -$756 million |
| 2005 | $931 million | $1.8 billion | -$881 million |
| 2006 | $1 billion | $1.9 billion | -$887 million |
| 2007 | $1.5 billion | $2.1 billion | -$618 million |
| 2008 | $1.5 billion | $2.9 billion | -$1.4 billion |
| 2009 | $1.1 billion | $3 billion | -$1.9 billion |
| 2010 | $1.5 billion | $2.7 billion | -$1.2 billion |
| 2011 | $1.1 billion | $3.2 billion | -$2 billion |
| 2012 | $1.3 billion | $3.6 billion | -$2.3 billion |
| 2013 | $2.7 billion | $3.6 billion | -$934 million |
| 2014 | $1.6 billion | $3.5 billion | -$1.9 billion |
| 2015 | $1 billion | $3.4 billion | -$2.3 billion |
| 2016 | $1 billion | $3.5 billion | -$2.4 billion |
| 2017 | $2 billion | $3.5 billion | -$1.5 billion |
| 2018 | $1.9 billion | $3.7 billion | -$1.7 billion |
| 2019 | $1.2 billion | $3.9 billion | -$2.7 billion |
| 2020 | $1.8 billion | $4.3 billion | -$2.5 billion |
| 2021 | $3.3 billion | $4.5 billion | -$1.2 billion |
| 2022 | $7.7 billion | $5.5 billion | $2.2 billion |
| 2023 | $6.7 billion | $4.8 billion | $1.9 billion |
| 2024 | $4.6 billion | $5.7 billion | -$1.1 billion |
What they sell each other
What Canada sells to Switzerland
The top 10 headings in 2024, with their share of the total.
What Switzerland sells to Canada
The top 10 headings in 2024, with their share of the total.
How it travels
Canada and Switzerland traded $10.3 billion in 2024 (both directions together). They trade mostly by air: 90% of the value travels by plane.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Switzerland was Canada’s 12th largest trading partner (1% of its trade), and Canada was Switzerland’s 18th (1%).
- Switzerland in Canada’s trade
- 1%
- Switzerland’s rank among Canada’s partners
- 12th
- Canada in Switzerland’s trade
- 1.3%
- Canada’s rank among Switzerland’s partners
- 18th
Compare with
Other partners of Canada
Other partners of Switzerland
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.