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Trade between Spain and Switzerland

In 2024, Spain exported $8.1 billion to Switzerland and imported $5.2 billion. Spain ran a surplus of $2.8 billion with Switzerland, compared with a surplus of $1.6 billion in 2019. Switzerland was Spain’s 14th largest trading partner (2% of its trade), and Spain was Switzerland’s 13th (2%).

Summary

Spain → Switzerland
$8.1billion
Switzerland → Spain
$5.2billion
Spain’s balance
$2.8billion

Balance

Spain’s trade balance with Switzerland

Trade between Spain and Switzerland grew 4.6-fold since 1995

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

  • Exports 8.1
  • Imports 5.2
  • Balance +2.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.2 billion$1.7 billion-$567 million
1996$1.3 billion$1.6 billion-$330 million
1997$1.2 billion$1.6 billion-$401 million
1998$1.4 billion$1.9 billion-$494 million
1999$1.4 billion$1.9 billion-$490 million
2000$1.5 billion$2 billion-$561 million
2001$1.5 billion$2.5 billion-$1 billion
2002$1.8 billion$2.4 billion-$659 million
2003$2.4 billion$3.1 billion-$709 million
2004$2.8 billion$4.1 billion-$1.3 billion
2005$3.2 billion$4.3 billion-$1.1 billion
2006$3.3 billion$4.7 billion-$1.3 billion
2007$3.5 billion$4.6 billion-$1.1 billion
2008$3.7 billion$4.7 billion-$1.1 billion
2009$3.5 billion$4.1 billion-$577 million
2010$4.8 billion$4.1 billion$674 million
2011$6 billion$4.6 billion$1.4 billion
2012$5.9 billion$3.8 billion$2 billion
2013$6 billion$3.9 billion$2.1 billion
2014$5.3 billion$4.3 billion$1 billion
2015$4.6 billion$3.8 billion$805 million
2016$5.1 billion$4.3 billion$882 million
2017$5.3 billion$4.3 billion$987 million
2018$5.6 billion$5.3 billion$259 million
2019$6.3 billion$4.7 billion$1.6 billion
2020$7.4 billion$5 billion$2.4 billion
2021$8.6 billion$10.7 billion-$2.1 billion
2022$9.3 billion$7.7 billion$1.7 billion
2023$10.2 billion$5.7 billion$4.5 billion
2024$8.1 billion$5.2 billion$2.8 billion

What they sell each other

What Spain sells to Switzerland

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

  1. Medicines in measured doses or retail packs$3.7 billion · 45.6%
    5 thousand tonnes · Spain’s destinations
  2. Cars$739 million · 9.2%
    36 thousand tonnes · Spain’s destinations
  3. Gold$361 million · 4.5%
    5 tonnes · Spain’s destinations
  4. Other fresh vegetables$142 million · 1.8%
    52 thousand tonnes
  5. Wine$142 million · 1.8%
    27 thousand tonnes · Spain’s destinations
  6. Trucks$142 million · 1.8%
    8 thousand tonnes · Spain’s destinations
  7. Citrus fruit$136 million · 1.7%
    96 thousand tonnes · Spain’s destinations
  8. Paintings and drawings$128 million · 1.6%
    6 tonnes
  9. Other fresh fruit (berries, kiwi)$128 million · 1.6%
    23 thousand tonnes
  10. Vaccines, blood and antisera$117 million · 1.5%
    20 tonnes · Spain’s destinations

What Switzerland sells to Spain

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

  1. Vaccines, blood and antisera$1 billion · 19.4%
    83 tonnes · Switzerland’s destinations
  2. Medicines in measured doses or retail packs$652 million · 12.4%
    3 thousand tonnes · Switzerland’s destinations
  3. Bulk medicines$411 million · 7.8%
    73 tonnes
  4. Other wristwatches$345 million · 6.6%
    38 tonnes
  5. Nitrogen heterocyclic compounds$250 million · 4.8%
    138 tonnes
  6. Precious metal watches$225 million · 4.3%
    1 tonne
  7. Sulfonamides$185 million · 3.5%
    36 tonnes
  8. Orthopedic and hearing devices$138 million · 2.6%
    116 tonnes
  9. Medical and dental instruments$127 million · 2.4%
    685 tonnes · Switzerland’s destinations
  10. Amide compounds$98 million · 1.9%
    137 tonnes

How it travels

Estimated sea route from Valencia to Rotterdam (Netherlands).

The estimated sea route between Valencia and Rotterdam (Netherlands) is 1,845 nautical miles (3,417 km) long: ≈ 4.5–5.5 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$4.2 billion · 31.5%
  2. Air$9.1 billion · 68.5%

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

How much each matters to the other

Switzerland was Spain’s 14th largest trading partner (2% of its trade), and Spain was Switzerland’s 13th (2%).

Switzerland in Spain’s trade
1.6%
Switzerland’s rank among Spain’s partners
14th
Spain in Switzerland’s trade
1.7%
Spain’s rank among Switzerland’s partners
13th

Compare with

Other partners of Spain

Other partners of Switzerland

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.