WhatAre Switzerland’s Biggest Exports?
Gold
Gold accounts for 15 1% of all of Switzerland’s exports, and accounts for 16 2% of the global market share by trade value, with a value of $68.5B, making Switzerland the largest exporter of Gold in the world The largest importer of Swiss gold is the United States with 39 8%, followed by India at 14 7% and the United Kingdom at 9 53%
Packaged Medicaments
Switzerland is the world’s second-largest exporter of packaged medicaments, Switzerland holds 11.3% of global exports by trade value, with a value of $46.3B. However, this is beaten by Germany, the world’s largest exporter, which holds 14 8% with a value of $60 9B The largest importer of Swiss packaged medicaments is the United States, which takes up 28.5% of all Swiss exports, followed by Germany at 11 2% and Slovenia at 8 49%
Vaccines, Blood,Antisera,ToxinsAnd Cultures
Despite previously being the world’s leading exporter of vaccines, blood, antisera, toxins and cultures and its steady growth in Switzerland, 2020 saw competition from the new leader Germany (15.6% and worth $34.1B) and close-second Ireland (15.1% worth $33B), however, the industry is still competitive, holding a market share of 13 8% by trade value and a total export value of $30.2B.The largest importers of Swiss vaccines, blood, antisera, toxins and cultures consist of China (16 7%), the United States (13 8%) and Hong Kong (8 89%)
Base Metal Watches
Switzerland is the world’s leading exporter of base metal watches by trade value, taking a market share of 57 3% with a value of $11 5B Switzerland has a large 40+% margin between its exports and its leading competitor, China, which only holds a 10.6% share with a value of $2 13B Switzerland’s largest importers consist of Germany (19 7%), the United States (11 7%) and China (10.2%).
Nitrogen Heterocyclic Compounds
In 2020, Switzerland was the world’s second-largest exporter of nitrogen heterocyclic compounds, holding 13 7% of the market share by value, and worth $11 4B, which was only bested by Ireland with a value of $26 3B and a share of 31 7% The largest importer of Swiss nitrogen heterocyclic compounds in Germany, taking up 24.5% of all Swiss exports, followed by Spain at 19 9% and Italy at 15 2%
Written by Bernard de Laguiche
