Foreign trade as a share of GDP rose 7.11% to 131% in Switzerland in 2021, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in Switzerland reached an all time high of 134% in 2013 and an all time low of 54.0% in 1967. When compared to Switzerland's main peers, foreign trade as a share of GDP in Austria amounted to 111%, 60.8% in France, 88.7% in Germany and 63.0% in Italy in 2021.
Switzerland has been ranked 25th within the group of 152 countries we follow in terms of foreign trade as a share of GDP, 2 places above the position seen 10 years ago.
Foreign Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Austria | % | 102% | 101% | 105% | 108% | 108% | ||||||||||||||||
Belgium | % | 154% | 158% | 165% | 166% | 164% | ||||||||||||||||
France | % | 61.8% | 61.1% | 63.0% | 64.4% | 64.1% | ||||||||||||||||
Germany | % | 86.2% | 84.8% | 87.2% | 88.5% | 87.7% | ||||||||||||||||
Hungary | % | 167% | 164% | 165% | 163% | 161% | ||||||||||||||||
Italy | % | 56.4% | 55.4% | 58.6% | 60.3% | 59.9% | ||||||||||||||||
Poland | % | 92.8% | 97.5% | 101% | 103% | 103% | ||||||||||||||||
Slovenia | % | 146% | 147% | 157% | 161% | 159% | ||||||||||||||||
Spain | % | 64.2% | 63.7% | 66.7% | 67.6% | 66.9% | ||||||||||||||||
Switzerland | % | 117% | 124% | 124% | 124% | 124% |