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Trade between Finland and Switzerland

In 2024, Finland exported $1.9 billion to Switzerland and imported $723 million. Finland ran a surplus of $1.2 billion with Switzerland, compared with a surplus of $381 million in 2019. Switzerland was Finland’s 15th largest trading partner (2% of its trade), and Finland was Switzerland’s 45th (0.3%).

Summary

Finland → Switzerland
$1.9billion
Switzerland → Finland
$723million
Finland’s balance
$1.2billion

Balance

Finland’s trade balance with Switzerland

Trade between Finland and Switzerland grew 2.5-fold since 1995

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

  • Exports 1.9
  • Imports 0.7
  • Balance +1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$565 million$503 million$62 million
1996$495 million$523 million-$28 million
1997$443 million$522 million-$79 million
1998$570 million$533 million$37 million
1999$664 million$482 million$182 million
2000$755 million$474 million$282 million
2001$697 million$480 million$217 million
2002$652 million$449 million$203 million
2003$621 million$545 million$75 million
2004$696 million$577 million$119 million
2005$686 million$612 million$74 million
2006$958 million$635 million$323 million
2007$1 billion$695 million$314 million
2008$898 million$854 million$44 million
2009$791 million$719 million$72 million
2010$975 million$805 million$170 million
2011$1.1 billion$738 million$328 million
2012$1.3 billion$889 million$392 million
2013$1 billion$927 million$119 million
2014$1.1 billion$907 million$209 million
2015$891 million$675 million$216 million
2016$958 million$870 million$88 million
2017$1.1 billion$993 million$110 million
2018$898 million$722 million$176 million
2019$1 billion$655 million$381 million
2020$1.2 billion$645 million$596 million
2021$1.8 billion$713 million$1.1 billion
2022$1.8 billion$849 million$937 million
2023$1.7 billion$753 million$958 million
2024$1.9 billion$723 million$1.2 billion

What they sell each other

What Finland sells to Switzerland

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

  1. Gold$1.2 billion · 62.2%
    16 tonnes · Switzerland’s sources
  2. Refined petroleum$69 million · 3.6%
    28 thousand tonnes · Finland’s destinations
  3. Precious metal ore$52 million · 2.7%
    2 tonnes
  4. Slag and ash with metals$50 million · 2.6%
    2 tonnes
  5. Stainless steel sheet$28 million · 1.5%
    8 thousand tonnes
  6. 3 thousand tonnes
  7. Coated paper$23 million · 1.2%
    19 thousand tonnes
  8. 251 tonnes
  9. Sawn wood$17 million · 0.9%
    19 thousand tonnes · Finland’s destinations
  10. Copper plates and strip$15 million · 0.81%
    1 thousand tonnes

What Switzerland sells to Finland

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

  1. Vaccines, blood and antisera$132 million · 18.2%
    16 tonnes · Switzerland’s destinations
  2. 177 tonnes · Switzerland’s destinations
  3. 115 tonnes · Switzerland’s destinations
  4. Unwrought lead$24 million · 3.3%
    9 thousand tonnes
  5. Soft drinks$18 million · 2.6%
    9 thousand tonnes
  6. Other industrial machines$18 million · 2.5%
    192 tonnes
  7. 462 tonnes
  8. Other electrical devices$18 million · 2.5%
    245 tonnes
  9. Other wristwatches$18 million · 2.5%
    2 tonnes
  10. 7 tonnes

How it travels

Estimated sea route from Helsinki to Rotterdam (Netherlands).

The estimated sea route between Helsinki and Rotterdam (Netherlands) is 1,207 nautical miles (2,236 km) long: ≈ 3–3.5 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund.

Switzerland is landlocked: it ships through Rotterdam (Netherlands).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$648 million · 24.6%
  2. Air$2 billion · 75.4%

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

How much each matters to the other

Switzerland was Finland’s 15th largest trading partner (2% of its trade), and Finland was Switzerland’s 45th (0.3%).

Switzerland in Finland’s trade
1.7%
Switzerland’s rank among Finland’s partners
15th
Finland in Switzerland’s trade
0.3%
Finland’s rank among Switzerland’s partners
45th

Compare with

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.