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Trade between Israel and Switzerland

In 2024, Israel exported $611 million to Switzerland and imported $4.3 billion. Israel ran a deficit of $3.7 billion with Switzerland, compared with a deficit of $769 million in 2019. Switzerland was Israel’s 6th largest trading partner (3% of its trade), and Israel was Switzerland’s 31st (0.6%).

Summary

Israel → Switzerland
$611million
Switzerland → Israel
$4.3billion
Israel’s balance
-$3.7billion

Balance

Israel’s trade balance with Switzerland

Trade between Israel and Switzerland grew 2.5-fold since 1995

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

  • Exports 0.6
  • Imports 4.3
  • Balance -3.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$360 million$1.7 billion-$1.3 billion
1996$261 million$1.6 billion-$1.4 billion
1997$244 million$1.6 billion-$1.3 billion
1998$270 million$1.5 billion-$1.2 billion
1999$344 million$1.7 billion-$1.3 billion
2000$333 million$1.9 billion-$1.5 billion
2001$289 million$1.7 billion-$1.5 billion
2002$314 million$2 billion-$1.7 billion
2003$256 million$2 billion-$1.7 billion
2004$346 million$2.6 billion-$2.2 billion
2005$356 million$2.5 billion-$2.1 billion
2006$485 million$2.7 billion-$2.2 billion
2007$583 million$2.9 billion-$2.3 billion
2008$714 million$3.9 billion-$3.2 billion
2009$546 million$3.3 billion-$2.7 billion
2010$724 million$3.1 billion-$2.4 billion
2011$964 million$3.8 billion-$2.9 billion
2012$616 million$3.9 billion-$3.3 billion
2013$664 million$4.3 billion-$3.6 billion
2014$923 million$5 billion-$4.1 billion
2015$700 million$4.3 billion-$3.6 billion
2016$705 million$4.2 billion-$3.5 billion
2017$795 million$5.4 billion-$4.6 billion
2018$807 million$1.8 billion-$1 billion
2019$755 million$1.5 billion-$769 million
2020$438 million$5 billion-$4.6 billion
2021$552 million$6.4 billion-$5.8 billion
2022$810 million$5.8 billion-$5 billion
2023$641 million$1.4 billion-$746 million
2024$611 million$4.3 billion-$3.7 billion

What they sell each other

What Israel sells to Switzerland

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

  1. Diamonds$170 million · 27.8%
    Israel’s destinations
  2. Medical and dental instruments$68 million · 11.1%
    161 tonnes · Israel’s destinations
  3. Warships and other vessels$39 million · 6.4%
  4. 4 thousand tonnes
  5. 30 tonnes
  6. 19 tonnes · Israel’s destinations
  7. Jewelry$14 million · 2.4%
    1 tonne · Switzerland’s sources
  8. Airplanes and helicopters$13 million · 2.2%
    14 tonnes
  9. 67 tonnes
  10. Cyclic hydrocarbons$10 million · 1.7%
    9 thousand tonnes

What Switzerland sells to Israel

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

  1. 426 tonnes · Switzerland’s destinations
  2. Vaccines, blood and antisera$336 million · 7.8%
    21 tonnes · Switzerland’s destinations
  3. Cigarettes and cigars$211 million · 4.9%
    3 thousand tonnes
  4. Computers$147 million · 3.4%
    101 tonnes · Israel’s sources
  5. Cement$121 million · 2.8%
    1.1 million tonnes
  6. Medical and dental instruments$119 million · 2.7%
    77 tonnes · Switzerland’s destinations
  7. Orthopedic and hearing devices$114 million · 2.6%
    46 tonnes
  8. Diamonds$107 million · 2.5%
    Israel’s sources
  9. Coffee$103 million · 2.4%
    6 thousand tonnes · Switzerland’s destinations
  10. Natural gas and LPG$100 million · 2.3%
    63 thousand tonnes

How it travels

Estimated sea route from Haifa to Rotterdam (Netherlands).

The estimated sea route between Haifa and Rotterdam (Netherlands) is 3,542 nautical miles (6,560 km) long: ≈ 8–10.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Strait of Dover.

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$2.3 billion · 45.7%
  2. Air$2.7 billion · 54.3%

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

How much each matters to the other

Switzerland was Israel’s 6th largest trading partner (3% of its trade), and Israel was Switzerland’s 31st (0.6%).

Switzerland in Israel’s trade
3.2%
Switzerland’s rank among Israel’s partners
6th
Israel in Switzerland’s trade
0.6%
Israel’s rank among Switzerland’s partners
31st

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.