Summary
- India → Switzerland
- $3billion
- Switzerland → India
- $21.9billion
- India’s balance
- -$18.9billion
Balance
India’s trade balance with Switzerland
Trade between India and Switzerland grew 18.4-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 3
- Imports 21.9
- Balance -18.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $305 million | $1 billion | -$738 million |
| 1996 | $331 million | $1.1 billion | -$808 million |
| 1997 | $375 million | $2.6 billion | -$2.2 billion |
| 1998 | $348 million | $2.9 billion | -$2.5 billion |
| 1999 | $346 million | $2.6 billion | -$2.2 billion |
| 2000 | $423 million | $2.8 billion | -$2.3 billion |
| 2001 | $400 million | $3.3 billion | -$2.9 billion |
| 2002 | $383 million | $2.2 billion | -$1.9 billion |
| 2003 | $408 million | $3.1 billion | -$2.7 billion |
| 2004 | $495 million | $4.2 billion | -$3.7 billion |
| 2005 | $567 million | $6.2 billion | -$5.7 billion |
| 2006 | $599 million | $8.1 billion | -$7.5 billion |
| 2007 | $836 million | $11 billion | -$10.2 billion |
| 2008 | $1.1 billion | $12.9 billion | -$11.8 billion |
| 2009 | $801 million | $10.3 billion | -$9.5 billion |
| 2010 | $1 billion | $22.4 billion | -$21.4 billion |
| 2011 | $1.5 billion | $31.7 billion | -$30.2 billion |
| 2012 | $1.6 billion | $29.8 billion | -$28.3 billion |
| 2013 | $1.8 billion | $25.1 billion | -$23.3 billion |
| 2014 | $1.9 billion | $21.2 billion | -$19.4 billion |
| 2015 | $1.5 billion | $21.3 billion | -$19.8 billion |
| 2016 | $1.6 billion | $14.8 billion | -$13.2 billion |
| 2017 | $1.6 billion | $21.5 billion | -$19.9 billion |
| 2018 | $1.8 billion | $18.1 billion | -$16.3 billion |
| 2019 | $2.1 billion | $22.3 billion | -$20.2 billion |
| 2020 | $1.9 billion | $12.6 billion | -$10.7 billion |
| 2021 | $2.2 billion | $30.5 billion | -$28.3 billion |
| 2022 | $2.8 billion | $16.2 billion | -$13.4 billion |
| 2023 | $2.9 billion | $18 billion | -$15.2 billion |
| 2024 | $3 billion | $21.9 billion | -$18.9 billion |
What they sell each other
What India sells to Switzerland
The top 10 headings in 2024, with their share of the total.
What Switzerland sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
India and Switzerland traded $24.9 billion in 2024 (both directions together). They trade mostly by air: 94% 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 India’s 12th largest trading partner (2% of its trade), and India was Switzerland’s 7th (3%).
- Switzerland in India’s trade
- 2.2%
- Switzerland’s rank among India’s partners
- 12th
- India in Switzerland’s trade
- 3.2%
- India’s rank among Switzerland’s partners
- 7th
Compare with
Other partners of India
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.