Editing Economy of Switzerland (section)

===Trade===
The [[The World Factbook|CIA World Factbook]] estimates Switzerland's 2011 exports at $308.3 billion and the 2010 exports at $258.5 billion. Imports are estimated to be $299.6 billion in 2011 and $246.2 billion in 2010. According to the World Factbook numbers, Switzerland is the 20th largest exporter and the 18th largest importer.<ref name=CIA/>

The United Nations Commodity Trade Statistics Database has lower numbers for Switzerland's exports and imports. The UN calculates exports at $223.5 billion in 2011 and $185.8 billion in 2010. The value of all imports in 2011 was $197.0 billion and in 2010 it was $166.9 billion.<ref name=UN_comtrade>{{cite web|url=http://unstats.un.org/unsd/trade/imts/analyticaltradetables.htm |title=United Nations Statistics Division - Trade Statistics |website=Unstats.un.org |date=2014-08-01 |access-date=2016-03-31}}</ref>

Switzerland's largest trading partner is Germany. In 2017, 17% of Switzerland's exports and 20% of its imports came from Germany. The United States was the second largest destination of exports (10% of total exports) and the second largest source of imports (7.8%). China was the third largest destination of exports (9.2%) but only provided 4.8% of imports.<ref name=Observatory>{{Cite web |url=https://oec.world/en/ |title=OEC: The Observatory of Economic Complexity |first1=AJG |last1=Simoes |first2=CA |last2=Hidalgo |website=oec.world |language=en |publisher=[[The Observatory of Economic Complexity]] |access-date=2019-11-13}}</ref>

The next largest destinations of exports include India (7.3%), France (5.4%), Hong Kong (5.4%), the United Kingdom (4.5%) and Italy (4.4%). Other major sources of imports include: Italy (7.6%), the United Kingdom (7.1%), France (6.0%), China (mentioned above), the United Arab Emirates (3.7%) and Hong Kong (3.4%).<ref name="Observatory"/>

As a developed country with a skilled labor force, the majority of Swiss exports are precision or 'high tech' finished products. Switzerland's largest specific [[Standard International Trade Classification|SITC]] categories of exports include [[medicaments]] (13%), [[heterocyclic compound]]s (2.2%), watches (6.4%), orthopaedic appliances (2.1%), and precious jewellery (2.5%). While watches and jewellery remained an important part of the economy, in 2017 about 24% of Swiss exports were gold bullion or coins. Agricultural products that Switzerland is famous for such as cheese (0.23%), wine (0.028%), and chocolate (0.35%) all make up only a small portion of Swiss exports.<ref name=Observatory/> Switzerland is also a significant exporter of arms and ammunition, and the third largest for small calibers<ref>C.G. Schmutz (18 August 2015) [http://www.nzz.ch/wirtschaft/unternehmen/wenn-die-armee-immer-weniger-munition-kauft-1.18597603?extcid=Newsletter_18082015_Top-News_am_Morgen Wenn die Armee immer weniger Munition kauft] ('''German''') Neue Zürcher Zeitung (Wirtschaft) accessed 18 August 2015</ref> which accounted for 0.33% of the total exports in 2012.<ref>[http://www.seco.admin.ch/aktuell/00277/01164/01980/index.html?lang=en&msg-id=52154 Seco - Ausfuhr von Kriegsmaterialien im Jahr 2013] ('''German''') accessed 18 August 2015</ref>

Switzerland's main imports include gold (21%), medicaments (7.4%), cars (4.0%), precious jewellery (3.7%), and other unclassified transactions (18%). While Switzerland has a long tradition of manufacturing cars,<ref>[http://www.swisscarregister.ch/en/a_fahrzeug.html Swiss car register] {{webarchive|url=https://web.archive.org/web/20130607000711/http://www.swisscarregister.ch/en/a_fahrzeug.html |date=2013-06-07 }} accessed 7 May 2012</ref> there are currently no large-scale assembly line automobile manufacturers in the country.

{| class="wikitable collapsible collapsed" 
|-
! colspan="2" | Top 25 imports and exports for Switzerland for 2017<ref name=Observatory/>
|-
|
{| class="wikitable sortable" style="text-align:center"
|-
! colspan="5" class="unsortable" | Top 25 Imports into Switzerland for 2017
|-
! Ranking || style="text-align:center;"| SITC4 || style="text-align:center;"| Product names (SITC)|| style="text-align:center;" |Value (billion USD) || style="text-align:center;"| % 
|-
| 1 || style="text-align:center;" | 9710 || style="text-align:center;" | Gold || style="text-align:center;" | 52.96  || style="text-align:center;" | 21.0%
|-
| 2 || style="text-align:center;" | 9310 || style="text-align:center;" | Unclassified Transactions || style="text-align:center;" | 46.33  || style="text-align:center;" | 18.0%
|-
| 3 || style="text-align:center;" | 5417 || style="text-align:center;" | Medicaments || style="text-align:center;" | 18.69  || style="text-align:center;" | 7.4%
|-
| 4 || style="text-align:center;" | 7810 || style="text-align:center;" | Cars || style="text-align:center;" | 9.98  || style="text-align:center;" | 4.0%
|-
| 5 || style="text-align:center;" | 8973 || style="text-align:center;" | Precious Jewellery || style="text-align:center;" | 9.19  || style="text-align:center;" | 3.7%
|-
| 6 || style="text-align:center;" | 6672 || style="text-align:center;" | Diamonds || style="text-align:center;" | 3.13  || style="text-align:center;" | 1.2%
|-
| 7 || style="text-align:center;" | 8960 || style="text-align:center;" | Artwork || style="text-align:center;" | 3.05  || style="text-align:center;" | 1.2%
|-
| 8 || style="text-align:center;" | 5156 || style="text-align:center;" | Heterocyclic Compounds || style="text-align:center;" | 2.59  || style="text-align:center;" | 1.0%
|-
| 9 || style="text-align:center;" | 8851 || style="text-align:center;" | Watches || style="text-align:center;" | 2.47  || style="text-align:center;" | 1.0%
|-
| 10 || style="text-align:center;" | 7643 || style="text-align:center;" | TV and Radio Transmitters || style="text-align:center;" | 2.38  || style="text-align:center;" | 1.0%
|-
| 11 || style="text-align:center;" | 8510 || style="text-align:center;" | Footwear || style="text-align:center;" | 2.12  || style="text-align:center;" | 0.8%
|-
| 12 || style="text-align:center;" | 7721 || style="text-align:center;" | Circuit Breakers and Panels || style="text-align:center;" | 2.02  || style="text-align:center;" | 0.8%
|-
| 13 || style="text-align:center;" | 8996 || style="text-align:center;" | Orthopedic Devices || style="text-align:center;" | 1.91  || style="text-align:center;" | 0.8%
|-
| 14 || style="text-align:center;" | 8720 || style="text-align:center;" | Medical Instruments || style="text-align:center;" | 1.72  || style="text-align:center;" | 0.7%
|-
| 15 || style="text-align:center;" | 7284 || style="text-align:center;" | Machinery for Specialized Industries || style="text-align:center;" | 1.71  || style="text-align:center;" | 0.7%
|-
| 16 || style="text-align:center;" | 8219 || style="text-align:center;" | Miscellaneous Furniture || style="text-align:center;" | 1.67  || style="text-align:center;" | 0.7%
|-
| 17 || style="text-align:center;" | 8939 || style="text-align:center;" | Miscellaneous Articles of Plastic || style="text-align:center;" | 1.61  || style="text-align:center;" | 0.6%
|-
| 18 || style="text-align:center;" | 3510 || style="text-align:center;" | Electric Current || style="text-align:center;" | 1.58  || style="text-align:center;" | 0.6%
|-
| 19 || style="text-align:center;" | 3330 || style="text-align:center;" | Crude Petroleum || style="text-align:center;" | 1.56  || style="text-align:center;" | 0.6%
|-
| 20 || style="text-align:center;" | 5989 || style="text-align:center;" | Chemical Products || style="text-align:center;" | 1.51  || style="text-align:center;" | 0.6%
|-
| 21 || style="text-align:center;" | 5530 || style="text-align:center;" | Perfumery and Cosmetics || style="text-align:center;" | 1.23  || style="text-align:center;" | 0.5%
|-
| 22 || style="text-align:center;" | 6842 || style="text-align:center;" | Processed Aluminium || style="text-align:center;" | 1.23  || style="text-align:center;" | 0.5%
|-
| 23 || style="text-align:center;" | 7821 || style="text-align:center;" | Trucks and Vans || style="text-align:center;" | 1.19  || style="text-align:center;" | 0.5%
|-
| 24 || style="text-align:center;" | 7932 || style="text-align:center;" | Ships and Boats || style="text-align:center;" | 1.15  || style="text-align:center;" | 0.5%
|-
| 25 || style="text-align:center;" | 7924 || style="text-align:center;" | Large Aircraft || style="text-align:center;" | 1.10  || style="text-align:center;" | 0.4%
|-

|}
|
{| class="wikitable sortable" style="text-align:center"
|-
! colspan="5" class="unsortable" | Top 25 exports from Switzerland for 2017
|-
! Ranking || style="text-align:center;"| SITC4 || style="text-align:center;"| Product names (SITC)|| style="text-align:center;" |Value (billion USD) || style="text-align:center;"| % 
|-
| 1 || style="text-align:center;" | 9710 || style="text-align:center;" | Gold || style="text-align:center;" | 69.04  || style="text-align:center;" | 24.0%
|-
| 2 || style="text-align:center;" | 9310 || style="text-align:center;" | Unclassified Transactions || style="text-align:center;" | 54.97  || style="text-align:center;" | 19.0%
|-
| 3 || style="text-align:center;" | 5417 || style="text-align:center;" | Medicaments || style="text-align:center;" | 36.64  || style="text-align:center;" | 13.0%
|-
| 4 || style="text-align:center;" | 8851 || style="text-align:center;" | Watches || style="text-align:center;" | 18.63  || style="text-align:center;" | 6.4%
|-
| 5 || style="text-align:center;" | 8973 || style="text-align:center;" | Precious Jewellery || style="text-align:center;" | 7.27  || style="text-align:center;" | 2.5%
|-
| 6 || style="text-align:center;" | 5156 || style="text-align:center;" | Heterocyclic Compounds || style="text-align:center;" | 6.29  || style="text-align:center;" | 2.2%
|-
| 7 || style="text-align:center;" | 8996 || style="text-align:center;" | Orthopedic Devices || style="text-align:center;" | 5.99  || style="text-align:center;" | 2.1%
|-
| 8 || style="text-align:center;" | 7284 || style="text-align:center;" | Machinery for Specialized Industries || style="text-align:center;" | 4.24  || style="text-align:center;" | 1.5%
|-
| 9 || style="text-align:center;" | 7721 || style="text-align:center;" | Circuit Breakers and Panels || style="text-align:center;" | 3.45  || style="text-align:center;" | 1.2%
|-
| 10 || style="text-align:center;" | 8720 || style="text-align:center;" | Medical Instruments || style="text-align:center;" | 2.74  || style="text-align:center;" | 1.0%
|-
| 11 || style="text-align:center;" | 711 || style="text-align:center;" | Coffee || style="text-align:center;" | 2.34  || style="text-align:center;" | 0.8%
|-
| 12 || style="text-align:center;" | 8960 || style="text-align:center;" | Artwork || style="text-align:center;" | 2.02  || style="text-align:center;" | 0.7%
|-
| 13 || style="text-align:center;" | 7492 || style="text-align:center;" | Valves || style="text-align:center;" | 1.82  || style="text-align:center;" | 0.6%
|-
| 14 || style="text-align:center;" | 6672 || style="text-align:center;" | Diamonds || style="text-align:center;" | 1.78  || style="text-align:center;" | 0.6%
|-
| 15 || style="text-align:center;" | 5514 || style="text-align:center;" | Scented Mixtures || style="text-align:center;" | 1.68  || style="text-align:center;" | 0.6%
|-
| 16 || style="text-align:center;" | 5530 || style="text-align:center;" | Perfumery and Cosmetics || style="text-align:center;" | 1.67  || style="text-align:center;" | 0.6%
|-
| 17 || style="text-align:center;" | 1110 || style="text-align:center;" | Miscellaneous Beverages || style="text-align:center;" | 1.58  || style="text-align:center;" | 0.6%
|-
| 18 || style="text-align:center;" | 6842 || style="text-align:center;" | Processed Aluminium || style="text-align:center;" | 1.49  || style="text-align:center;" | 0.5%
|-
| 19 || style="text-align:center;" | 7149 || style="text-align:center;" | Parts of Gas Turbines and Reaction Engines || style="text-align:center;" | 1.37  || style="text-align:center;" | 0.5%
|-
| 20 || style="text-align:center;" | 7849 || style="text-align:center;" | Vehicles Parts and Accessories || style="text-align:center;" | 1.32  || style="text-align:center;" | 0.5%
|-
| 21 || style="text-align:center;" | 5147 || style="text-align:center;" | Amide Function Compounds || style="text-align:center;" | 1.30  || style="text-align:center;" | 0.5%
|-
| 22 || style="text-align:center;" | 7452 || style="text-align:center;" | Miscellaneous Non-Electrical Machines || style="text-align:center;" | 1.28  || style="text-align:center;" | 0.4%
|-
| 23 || style="text-align:center;" | 8939 || style="text-align:center;" | Miscellaneous Articles of Plastic || style="text-align:center;" | 1.27  || style="text-align:center;" | 0.4%
|-
| 24 || style="text-align:center;" | 5989 || style="text-align:center;" | Chemical Products || style="text-align:center;" | 1.23  || style="text-align:center;" | 0.4%
|-
| 25 || style="text-align:center;" | 5413 || style="text-align:center;" | Antibiotics || style="text-align:center;" | 1.14  || style="text-align:center;" | 0.4%
|}
|}

{| class="wikitable collapsible collapsed" 
|-
! colspan="2" | Top 25 trading partners for Switzerland for 2017<ref name=Observatory/>
|-
|
{| class="wikitable sortable" style="text-align:center"
|-
! colspan="5" class="unsortable" | Top 25 trading partners importing into Switzerland for 2017
|-
! Ranking || style="text-align:center;"| Country || style="text-align:center;"|Value (billion USD) || style="text-align:center;"| % 
|-
| 1 || style="text-align:center;" | Germany || style="text-align:center;" | 54.61  || style="text-align:center;" | 20.0%
|-
| 2 || style="text-align:center;" | USA || style="text-align:center;" | 21.30  || style="text-align:center;" | 7.8%
|-
| 3 || style="text-align:center;" | Italy || style="text-align:center;" | 20.70  || style="text-align:center;" | 7.6%
|-
| 4 || style="text-align:center;" | United Kingdom || style="text-align:center;" | 19.26  || style="text-align:center;" | 7.1%
|-
| 5 || style="text-align:center;" | France || style="text-align:center;" | 16.45  || style="text-align:center;" | 6.0%
|-
| 6 || style="text-align:center;" | China || style="text-align:center;" | 13.22  || style="text-align:center;" | 4.8%
|-
| 7 || style="text-align:center;" | United Arab Emirates || style="text-align:center;" | 9.98  || style="text-align:center;" | 3.7%
|-
| 8 || style="text-align:center;" | Hong Kong || style="text-align:center;" | 9.34  || style="text-align:center;" | 3.4%
|-
| 9 || style="text-align:center;" | Ireland || style="text-align:center;" | 7.73  || style="text-align:center;" | 2.8%
|-
| 10 || style="text-align:center;" | Austria || style="text-align:center;" | 7.70  || style="text-align:center;" | 2.8%
|-
| 11 || style="text-align:center;" | Belgium-Luxembourg || style="text-align:center;" | 5.76  || style="text-align:center;" | 2.1%
|-
| 12 || style="text-align:center;" | Japan || style="text-align:center;" | 5.69  || style="text-align:center;" | 2.1%
|-
| 13 || style="text-align:center;" | Spain || style="text-align:center;" | 5.37  || style="text-align:center;" | 2.0%
|-
| 14 || style="text-align:center;" | Netherlands || style="text-align:center;" | 5.24  || style="text-align:center;" | 1.9%
|-
| 15 || style="text-align:center;" | Thailand || style="text-align:center;" | 4.32  || style="text-align:center;" | 1.6%
|-
| 16 || style="text-align:center;" | Uzbekistan || style="text-align:center;" | 3.68  || style="text-align:center;" | 1.3%
|-
| 17 || style="text-align:center;" | Zambia || style="text-align:center;" | 3.64  || style="text-align:center;" | 1.3%
|-
| 18 || style="text-align:center;" | Czech Republic || style="text-align:center;" | 2.54  || style="text-align:center;" | 0.9%
|-
| 19 || style="text-align:center;" | Peru || style="text-align:center;" | 2.47  || style="text-align:center;" | 0.9%
|-
| 20 || style="text-align:center;" | Poland || style="text-align:center;" | 2.39  || style="text-align:center;" | 0.9%
|-
| 21 || style="text-align:center;" | Russia || style="text-align:center;" | 2.32  || style="text-align:center;" | 0.9%
|-
| 22 || style="text-align:center;" | South Africa || style="text-align:center;" | 2.32  || style="text-align:center;" | 0.9%
|-
| 23 || style="text-align:center;" | Singapore || style="text-align:center;" | 2.01  || style="text-align:center;" | 0.7%
|-
| 24 || style="text-align:center;" | Canada || style="text-align:center;" | 1.98  || style="text-align:center;" | 0.7%
|-
| 25 || style="text-align:center;" | Ghana || style="text-align:center;" | 1.84  || style="text-align:center;" | 0.7%
|}
|
{| class="wikitable sortable" style="text-align:center"
|-
! colspan="5" class="unsortable" | Top 25 trading partners exporting from Switzerland for 2017
|-
! Ranking || style="text-align:center;"| Country || style="text-align:center;"|Value (billion USD) || style="text-align:center;"| % 
|-
| 1 || style="text-align:center;" | Germany || style="text-align:center;" | 48.15  || style="text-align:center;" | 17.0%
|-
| 2 || style="text-align:center;" | USA || style="text-align:center;" | 28.37  || style="text-align:center;" | 10.0%
|-
| 3 || style="text-align:center;" | China || style="text-align:center;" | 26.15  || style="text-align:center;" | 9.2%
|-
| 4 || style="text-align:center;" | India || style="text-align:center;" | 20.89  || style="text-align:center;" | 7.3%
|-
| 5 || style="text-align:center;" | Hong Kong || style="text-align:center;" | 15.52  || style="text-align:center;" | 5.4%
|-
| 6 || style="text-align:center;" | France || style="text-align:center;" | 15.27  || style="text-align:center;" | 5.4%
|-
| 7 || style="text-align:center;" | United Kingdom || style="text-align:center;" | 12.91  || style="text-align:center;" | 4.5%
|-
| 8 || style="text-align:center;" | Italy || style="text-align:center;" | 12.56  || style="text-align:center;" | 4.4%
|-
| 9 || style="text-align:center;" | Austria || style="text-align:center;" | 8.81  || style="text-align:center;" | 3.1%
|-
| 10 || style="text-align:center;" | Japan || style="text-align:center;" | 7.58  || style="text-align:center;" | 2.7%
|-
| 11 || style="text-align:center;" | Singapore || style="text-align:center;" | 7.45  || style="text-align:center;" | 2.6%
|-
| 12 || style="text-align:center;" | Turkey || style="text-align:center;" | 6.73  || style="text-align:center;" | 2.4%
|-
| 13 || style="text-align:center;" | Belgium-Luxembourg || style="text-align:center;" | 6.45  || style="text-align:center;" | 2.3%
|-
| 14 || style="text-align:center;" | Israel || style="text-align:center;" | 4.67  || style="text-align:center;" | 1.6%
|-
| 15 || style="text-align:center;" | Spain || style="text-align:center;" | 4.31  || style="text-align:center;" | 1.5%
|-
| 16 || style="text-align:center;" | Netherlands || style="text-align:center;" | 4.00  || style="text-align:center;" | 1.4%
|-
| 17 || style="text-align:center;" | United Arab Emirates || style="text-align:center;" | 3.98  || style="text-align:center;" | 1.4%
|-
| 18 || style="text-align:center;" | Thailand || style="text-align:center;" | 3.59  || style="text-align:center;" | 1.3%
|-
| 19 || style="text-align:center;" | Canada || style="text-align:center;" | 3.39  || style="text-align:center;" | 1.2%
|-
| 20 || style="text-align:center;" | South Korea || style="text-align:center;" | 2.93  || style="text-align:center;" | 1.0%
|-
| 21 || style="text-align:center;" | Malaysia || style="text-align:center;" | 2.72  || style="text-align:center;" | 1.0%
|-
| 22 || style="text-align:center;" | Russia || style="text-align:center;" | 2.29  || style="text-align:center;" | 0.8%
|-
| 23 || style="text-align:center;" | Brazil || style="text-align:center;" | 1.98  || style="text-align:center;" | 0.7%
|-
| 24 || style="text-align:center;" | Other Asia || style="text-align:center;" | 1.86  || style="text-align:center;" | 0.7%
|-
| 25 || style="text-align:center;" | Saudi Arabia || style="text-align:center;" | 1.84  || style="text-align:center;" | 0.7%
|}
|}