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Trade between Portugal and Switzerland

In 2024, Portugal exported $1.4 billion to Switzerland and imported $628 million. Portugal ran a surplus of $743 million with Switzerland, compared with a surplus of $716 million in 2019. Switzerland was Portugal’s 17th largest trading partner (1% of its trade), and Portugal was Switzerland’s 50th (0.3%).

Summary

Portugal → Switzerland
$1.4billion
Switzerland → Portugal
$628million
Portugal’s balance
$743million

Balance

Portugal’s trade balance with Switzerland

Trade between Portugal and Switzerland grew 2-fold since 1995

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

  • Exports 1.4
  • Imports 0.6
  • Balance +0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$471 million$520 million-$49 million
1996$440 million$526 million-$85 million
1997$359 million$478 million-$118 million
1998$363 million$460 million-$97 million
1999$339 million$453 million-$114 million
2000$320 million$378 million-$58 million
2001$323 million$423 million-$100 million
2002$346 million$423 million-$77 million
2003$368 million$499 million-$130 million
2004$402 million$492 million-$90 million
2005$378 million$470 million-$93 million
2006$425 million$535 million-$110 million
2007$433 million$589 million-$156 million
2008$505 million$642 million-$137 million
2009$436 million$496 million-$60 million
2010$486 million$546 million-$61 million
2011$580 million$564 million$16 million
2012$833 million$487 million$346 million
2013$844 million$451 million$394 million
2014$889 million$433 million$456 million
2015$859 million$356 million$503 million
2016$855 million$364 million$491 million
2017$944 million$363 million$581 million
2018$1.1 billion$451 million$621 million
2019$1.1 billion$385 million$716 million
2020$1.1 billion$435 million$679 million
2021$1.1 billion$498 million$647 million
2022$1.2 billion$520 million$690 million
2023$1.4 billion$629 million$760 million
2024$1.4 billion$628 million$743 million

What they sell each other

What Portugal sells to Switzerland

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

  1. 2 tonnes
  2. Leather footwear$77 million · 5.6%
    845 tonnes
  3. Cars$73 million · 5.3%
    3 thousand tonnes · Portugal’s destinations
  4. 3 thousand tonnes
  5. New tires$49 million · 3.5%
    6 thousand tonnes · Portugal’s destinations
  6. Wine$38 million · 2.7%
    9 thousand tonnes
  7. Watch straps and bands$37 million · 2.7%
    17 tonnes
  8. Furniture$31 million · 2.3%
    4 thousand tonnes · Switzerland’s sources
  9. Vehicle bodies and cabs$31 million · 2.3%
    842 tonnes
  10. 811 tonnes · Portugal’s destinations

What Switzerland sells to Portugal

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

  1. 533 tonnes · Switzerland’s destinations
  2. Vaccines, blood and antisera$97 million · 15.4%
    23 tonnes · Switzerland’s destinations
  3. 622 tonnes
  4. 29 tonnes
  5. Sulfonamides$21 million · 3.3%
    7 tonnes
  6. 494 tonnes
  7. Auto parts$15 million · 2.4%
    934 tonnes · Portugal’s sources
  8. Parts for switchgear$12 million · 1.9%
    55 tonnes
  9. Other wristwatches$11 million · 1.8%
    9 tonnes
  10. Machining centers$9 million · 1.4%
    87 tonnes

How it travels

Estimated sea route from Sines to Rotterdam (Netherlands).

The estimated sea route between Sines and Rotterdam (Netherlands) is 1,183 nautical miles (2,190 km) long: ≈ 2.5–3.5 days at sea (at 18 and 14 knots).

Passages it crosses: 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$910 million · 45.5%
  2. Air$1.1 billion · 54.5%

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

How much each matters to the other

Switzerland was Portugal’s 17th largest trading partner (1% of its trade), and Portugal was Switzerland’s 50th (0.3%).

Switzerland in Portugal’s trade
1%
Switzerland’s rank among Portugal’s partners
17th
Portugal in Switzerland’s trade
0.3%
Portugal’s rank among Switzerland’s partners
50th

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.