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Trade between Sweden and Switzerland

In 2024, Sweden exported $1.8 billion to Switzerland and imported $1.5 billion. Sweden ran a surplus of $243 million with Switzerland, compared with a surplus of $539 million in 2019. Switzerland was Sweden’s 22nd largest trading partner (0.9% of its trade), and Sweden was Switzerland’s 38th (0.4%).

Summary

Sweden → Switzerland
$1.8billion
Switzerland → Sweden
$1.5billion
Sweden’s balance
$243million

Balance

Sweden’s trade balance with Switzerland

Trade between Sweden and Switzerland grew 11% since 1995

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

  • Exports 1.8
  • Imports 1.5
  • Balance +0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.7 billion$1.3 billion$314 million
1996$1.4 billion$1.3 billion$87 million
1997$1.2 billion$1.1 billion$107 million
1998$1.2 billion$1.1 billion$100 million
1999$1.2 billion$1.1 billion$104 million
2000$1.1 billion$984 million$149 million
2001$893 million$953 million-$60 million
2002$985 million$957 million$27 million
2003$1.3 billion$1.2 billion$39 million
2004$1.4 billion$1.2 billion$129 million
2005$1.2 billion$1.2 billion$78 million
2006$1.5 billion$1.3 billion$176 million
2007$1.5 billion$1.4 billion$100 million
2008$1.7 billion$1.5 billion$236 million
2009$1.3 billion$1.2 billion$137 million
2010$1.4 billion$1.3 billion$188 million
2011$2 billion$1.5 billion$495 million
2012$2 billion$1.3 billion$637 million
2013$2.1 billion$1.1 billion$951 million
2014$1.8 billion$1.2 billion$610 million
2015$1.7 billion$1.1 billion$534 million
2016$1.5 billion$1.1 billion$400 million
2017$1.6 billion$1.2 billion$470 million
2018$1.8 billion$1.2 billion$648 million
2019$1.6 billion$1.1 billion$539 million
2020$1.5 billion$1.3 billion$251 million
2021$1.7 billion$1.5 billion$118 million
2022$1.6 billion$1.4 billion$250 million
2023$2 billion$1.9 billion$159 million
2024$1.8 billion$1.5 billion$243 million

What they sell each other

What Sweden sells to Switzerland

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

  1. Cars$243 million · 13.6%
    11 thousand tonnes · Sweden’s destinations
  2. Gold$218 million · 12.2%
    3 tonnes · Switzerland’s sources
  3. Medicines in measured doses or retail packs$133 million · 7.4%
    201 tonnes · Sweden’s destinations
  4. Other plastic articles$49 million · 2.8%
    308 tonnes
  5. Natural polymers$44 million · 2.5%
    68 tonnes
  6. Silver$33 million · 1.8%
    31 tonnes
  7. Water heaters and industrial dryers$28 million · 1.6%
    859 tonnes
  8. Trucks$28 million · 1.6%
    2 thousand tonnes · Sweden’s destinations
  9. Chemical wood pulp$28 million · 1.6%
    34 thousand tonnes · Sweden’s destinations
  10. Turbojets and gas turbines$26 million · 1.5%
    13 tonnes · Sweden’s destinations

What Switzerland sells to Sweden

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

  1. Medicines in measured doses or retail packs$162 million · 10.5%
    192 tonnes · Switzerland’s destinations
  2. Vaccines, blood and antisera$142 million · 9.2%
    31 tonnes · Switzerland’s destinations
  3. Nitrogen heterocyclic compounds$108 million · 7%
    160 tonnes
  4. Oxygen heterocyclic compounds$107 million · 7%
    61 tonnes
  5. Self-propelled trains and trams$92 million · 6%
    971 tonnes
  6. Other wristwatches$55 million · 3.6%
    4 tonnes
  7. Diodes, transistors and solar cells$47 million · 3%
    71 tonnes
  8. Bombs, missiles and ammunition$36 million · 2.3%
    110 tonnes
  9. Hydrocarbon derivatives$32 million · 2%
    4 tonnes
  10. Medical and dental instruments$27 million · 1.8%
    116 tonnes · Switzerland’s destinations

How it travels

Estimated sea route from Gothenburg to Rotterdam (Netherlands).

The estimated sea route between Gothenburg and Rotterdam (Netherlands) is 518 nautical miles (959 km) long: ≈ 1–1.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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$1.3 billion · 38.3%
  2. Air$2.1 billion · 61.7%

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

How much each matters to the other

Switzerland was Sweden’s 22nd largest trading partner (0.9% of its trade), and Sweden was Switzerland’s 38th (0.4%).

Switzerland in Sweden’s trade
0.9%
Switzerland’s rank among Sweden’s partners
22nd
Sweden in Switzerland’s trade
0.4%
Sweden’s rank among Switzerland’s partners
38th

Compare with

Other partners of Sweden

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.