Switzerland - Trade Balance 2023
$101.5B
−$12.7B from 2022
Switzerland's trade balance was $101.5B in 2023, decreased +$12.7B from $114.2B in 2022. This was the 165th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United States | $-797.3B | 16.9% |
| 2nd | India | $-76.2B | 36.2% |
| 3rd | Philippines | $-61.8B | 2.3% |
| 4th | Japan | $-61.0B | 61.5% |
| 5th | France | $-52.4B | 31.4% |
| 6th | United Kingdom | $-39.9B | -16.8% |
| 7th | Ukraine | $-37.9B | -41.7% |
| 8th | Mexico | $-25.9B | 39.8% |
| 9th | Pakistan | $-25.2B | 43.8% |
| 10th | Türkiye | $-21.2B | 36.7% |
| 11th | Bangladesh | $-20.4B | 44.6% |
| 12th | Uzbekistan | $-17.7B | -20.6% |
| 13th | Colombia | $-17.3B | 33.3% |
| 14th | Romania | $-17.0B | 16.9% |
| 15th | Guatemala | $-15.7B | 0.5% |
| 16th | Morocco | $-12.1B | 19.7% |
| 17th | Greece | $-11.6B | 44.7% |
| 18th | Nepal | $-11.3B | 22.8% |
| 19th | Kyrgyz Republic | $-8.9B | -78.3% |
| 20th | Egypt, Arab Republic of | $-8.9B | 72.7% |
| 21st | Dominican Republic | $-8.7B | 26.0% |
| 22nd | Lebanon | $-8.7B | 8.9% |
| 23rd | Honduras | $-8.3B | 5.5% |
| 24th | Kenya | $-7.9B | 17.7% |
| 25th | West Bank and Gaza | $-7.9B | 9.9% |
| 26th | Senegal | $-7.7B | -6.2% |
| 27th | New Zealand | $-7.6B | 43.4% |
| 28th | Iran, Islamic Republic of | $-7.1B | -175.8% |
| 29th | Jordan | $-6.8B | 26.7% |
| 30th | Argentina | $-6.7B | -207.6% |
| 31st | Somalia, Fed. Rep. | $-6.5B | -14.9% |
| 32nd | El Salvador | $-6.4B | 15.7% |
| 33rd | Afghanistan | $-5.8B | -11.0% |
| 34th | Uganda | $-4.9B | -3.7% |
| 35th | Haiti | $-4.0B | 10.0% |
| 36th | Moldova | $-4.0B | 7.8% |
| 37th | Tajikistan | $-3.8B | -9.1% |
| 38th | Serbia | $-3.5B | 49.3% |
| 39th | Bosnia and Herzegovina | $-3.2B | 2.6% |
| 40th | Kosovo | $-3.2B | -4.8% |
| 41st | Côte d'Ivoire | $-3.2B | -3.8% |
| 42nd | Mozambique | $-3.1B | 53.9% |
| 43rd | Tanzania | $-3.0B | 4.5% |
| 44th | Namibia | $-2.9B | -26.5% |
| 45th | Tunisia | $-2.9B | 51.7% |
| 46th | Malawi | $-2.7B | -2.5% |
| 47th | Georgia | $-2.7B | -9.0% |
| 48th | Bolivia, Plurinational State of | $-2.5B | -154.7% |
| 49th | Nicaragua | $-2.4B | 3.3% |
| 50th | Belgium | $-2.3B | 83.0% |
| 51st | Zimbabwe | $-2.2B | 30.5% |
| 52nd | Rwanda | $-2.1B | 1.0% |
| 53rd | North Macedonia | $-2.1B | 28.1% |
| 54th | Cameroon | $-2.0B | -74.3% |
| 55th | Mali | $-2.0B | 7.0% |
| 56th | Congo, Democratic Republic of | $-1.8B | 37.6% |
| 57th | Croatia | $-1.8B | 59.6% |
| 58th | Sri Lanka | $-1.8B | 31.6% |
| 59th | New Caledonia | $-1.7B | 8.5% |
| 60th | Guinea | $-1.7B | -155.8% |
| 61st | Mauritania | $-1.6B | 23.6% |
| 62nd | Latvia | $-1.6B | 15.7% |
| 63rd | French Polynesia | $-1.4B | 0.8% |
| 64th | Montenegro | $-1.4B | 1.4% |
| 65th | Mauritius | $-1.3B | 26.1% |
| 66th | Albania | $-1.3B | 33.9% |
| 67th | Lesotho | $-1.2B | -1.4% |
| 68th | Madagascar | $-1.1B | 22.0% |
| 69th | Burkina Faso | $-1.1B | -11.6% |
| 70th | Benin | $-916.0M | -91.1% |
| 71st | Timor-Leste | $-903.8M | -307.1% |
| 72nd | Sierra Leone | $-857.1M | -4.7% |
| 73rd | Botswana | $-835.4M | -378.6% |
| 74th | Bhutan | $-752.0M | 24.9% |
| 75th | Ghana | $-681.6M | -17.1% |
| 76th | Gambia, The | $-615.9M | -1.3% |
| 77th | Solomon Islands | $-431.0M | -58.2% |
| 78th | Cabo Verde | $-412.5M | 6.5% |
| 79th | Central African Republic | $-373.1M | 24.1% |
| 80th | Greenland | $-342.4M | 7.8% |
| 81st | Armenia | $-339.1M | -135.9% |
| 82nd | Comoros | $-331.4M | -10.7% |
| 83rd | Seychelles | $-306.5M | -58.4% |
| 84th | Guinea-Bissau | $-299.1M | 1.4% |
| 85th | Samoa | $-297.0M | 11.9% |
| 86th | Tonga | $-296.4M | -9.6% |
| 87th | Kiribati | $-276.4M | -10.7% |
| 88th | Micronesia, Federated States of | $-188.0M | 6.5% |
| 89th | Cambodia | $-178.4M | 69.4% |
| 90th | Palau | $-149.8M | 16.8% |
| 91st | Bahamas, The | $-141.5M | 38.9% |
| 92nd | Eswatini | $-125.8M | 26.0% |
| 93rd | Marshall Islands | $-109.1M | 12.9% |
| 94th | Sudan | $-102.7M | -144.8% |
| 95th | Nauru | $-86.4M | 5.1% |
| 96th | Maldives | $-83.6M | -143.7% |
| 97th | Faroe Islands | $41.5M | 1,102.9% |
| 98th | Finland | $67.0M | 101.2% |
| 99th | Belize | $105.6M | 238.3% |
| 100th | Niger | $156.6M | - |
| 101st | Ecuador | $162.5M | 561.7% |
| 102nd | Aruba | $221.7M | 581.1% |
| 103rd | Iceland | $280.9M | 121.7% |
| 104th | Belarus | $339.8M | -92.4% |
| 105th | Estonia | $396.7M | 225.5% |
| 106th | Djibouti | $607.4M | 5.1% |
| 107th | San Marino | $628.6M | 40.9% |
| 108th | Cyprus | $715.3M | -36.0% |
| 109th | Paraguay | $743.0M | 135.4% |
| 110th | Zambia | $951.5M | -70.6% |
| 111th | Equatorial Guinea | $1.5B | -56.0% |
| 112th | Canada | $1.5B | -88.2% |
| 113th | Mongolia | $2.0B | 284.3% |
| 114th | Chad | $2.1B | -24.6% |
| 115th | Slovak Republic | $2.1B | 131.1% |
| 116th | Hong Kong SAR, China | $2.2B | -84.8% |
| 117th | Bermuda | $2.3B | 15.3% |
| 118th | Panama | $2.4B | 23.7% |
| 119th | Brunei Darussalam | $2.5B | -42.0% |
| 120th | Uruguay | $2.6B | -33.9% |
| 121st | Congo, Republic of | $2.7B | -42.2% |
| 122nd | Chile | $3.0B | 125.1% |
| 123rd | Lithuania | $3.1B | 309.6% |
| 124th | South Africa | $3.2B | -63.7% |
| 125th | Portugal | $3.4B | 155.7% |
| 126th | Malta | $4.1B | 83.4% |
| 127th | Turkmenistan | $4.2B | -19.7% |
| 128th | Bulgaria | $4.2B | 316.6% |
| 129th | Costa Rica | $4.6B | 159.2% |
| 130th | Slovenia | $4.7B | 291.1% |
| 131st | Libya | $6.6B | -45.0% |
| 132nd | Puerto Rico (US) | $6.7B | -11.7% |
| 133rd | Gabon | $7.0B | -20.8% |
| 134th | Korea | $7.1B | 8,527.8% |
| 135th | Bahrain | $8.0B | -30.8% |
| 136th | Hungary | $8.7B | 190.2% |
| 137th | Peru | $9.3B | 931.1% |
| 138th | Austria | $9.4B | 374.2% |
| 139th | Algeria | $9.5B | -59.4% |
| 140th | Azerbaijan | $10.5B | -59.7% |
| 141st | Thailand | $10.7B | 201.7% |
| 142nd | Angola | $12.5B | -37.3% |
| 143rd | Israel | $14.5B | 29.9% |
| 144th | Sweden | $16.0B | 84.5% |
| 145th | Czechia | $17.0B | 595.8% |
| 146th | Oman | $17.8B | -22.1% |
| 147th | Macao SAR, China | $17.8B | 9,185.3% |
| 148th | Kazakhstan | $18.2B | -45.4% |
| 149th | Malaysia | $19.1B | -35.0% |
| 150th | Iraq | $26.4B | -54.8% |
| 151st | Luxembourg | $28.6B | 9.0% |
| 152nd | Indonesia | $29.8B | -36.3% |
| 153rd | Kuwait | $32.1B | -41.7% |
| 154th | Viet Nam | $35.2B | 131.0% |
| 155th | Italy | $36.0B | 194.2% |
| 156th | Denmark | $36.4B | -4.3% |
| 157th | Poland | $46.6B | 298.0% |
| 158th | Brazil | $49.8B | 472.6% |
| 159th | Spain | $62.1B | 388.5% |
| 160th | Norway | $74.7B | -55.9% |
| 161st | Australia | $75.6B | -14.7% |
| 162nd | United Arab Emirates | $76.6B | -18.5% |
| 163rd | Saudi Arabia | $77.0B | -59.0% |
| 164th | Russian Federation | $86.0B | -70.4% |
| 165th | Switzerland | $101.5B | -11.1% |
| 166th | Netherlands | $112.9B | 22.9% |
| 167th | Germany | $181.2B | 74.6% |
| 168th | Singapore | $189.2B | -6.8% |
| 169th | Ireland | $189.5B | -16.2% |
| 170th | China | $383.6B | -33.6% |
FAQ
What was Switzerland's trade balance in 2023?▾
Switzerland's trade balance in 2023 was $101.5B. This ranked 165th globally.
How did Switzerland's trade balance change in 2023?▾
Switzerland's trade balance decreased by 11.1% in 2023 compared to 2022.
Which country had the highest trade balance in 2023?▾
China had the highest trade balance in 2023 at $383.6B.
What is the trade balance of Switzerland in 2023?▾
The trade balance of Switzerland in 2023 was $101.5B. This ranked 165th globally.
What was Switzerland's trade balance in billion in 2023?▾
Switzerland's trade balance in 2023 was approximately 101.48 billion ($101.5B).
How does 2023 compare to 2022 for Switzerland's trade balance?▾
Switzerland's trade balance went from $114.2B in 2022 to $101.5B in 2023, a 11.1% decrease.
Related
2022
2024
All years
Full ranking 2023
Exports
Imports
Current Account Balance
FDI Inflows
FDI Outflows
Peak: 2025
Lowest: 1980
Trade Balance 1990s
Trade Balance 2000s
Trade Balance 2010s
Trade Balance 2020s
Highest ever
Lowest ever
Average
vs Cayman Islands
vs Iceland
vs Singapore
vs Ireland
OECD Trade Balance
Global Ranking