Products Imported from China to Switzerland

In the calendar year of 2023, China exported goods worth US$17.9 billion to Switzerland. Among the main exports from China to Switzerland were Broadcasting Equipment (US$1.56 billion), Computers (US$1.05 billion), Nitrogen Heterocyclic Compounds (US$578 million), Office Machine Parts (US$570.43 million) and Cars (US$379.35 million). Over the span of 28 years, China’s exports to Switzerland have grown steadily at an annualized rate of 11.4%, rising from US$969 million in 1995 to US$17.9 billion in 2023.

List of All Products That Were Imported from China to Switzerland

The table below presents a comprehensive list of all commodities that were exported from China to Switzerland in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Switzerland market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Switzerland.

Trade Agreements between China and Switzerland

China and Switzerland have established a strong and mutually beneficial economic relationship characterized by significant trade agreements and investment ties. Their relationship has evolved over the years, marked by strategic partnerships that facilitate economic exchange and foster innovation across various sectors. Below is an overview of the key trade agreements between China and Switzerland, along with their descriptions and the years they were established.

1. Bilateral Free Trade Agreement (FTA) (2013)

The China-Switzerland Free Trade Agreement, which came into effect in July 2014, is a landmark agreement between the two countries. It was Switzerland’s first comprehensive FTA with a major Asian economy and one of China’s first FTAs with a country in Europe. This agreement covers a wide range of areas including the reduction of tariffs on goods, improved market access for services, protection of intellectual property rights, and promotion of sustainable development. It significantly reduced tariffs on a majority of Swiss exports to China, ranging from pharmaceuticals and watches to machinery and agricultural products, and vice versa, fostering an increase in bilateral trade.

2. Memorandum of Understanding on Cooperation in Third Markets (2017)

In 2017, China and Switzerland signed a Memorandum of Understanding aimed at enhancing cooperation on economic projects in third countries. This agreement falls under the Belt and Road Initiative (BRI) framework and allows Swiss companies to engage more actively in BRI projects by leveraging their expertise in areas such as finance, engineering, and environmental technology alongside Chinese manufacturing and construction capabilities.

3. Innovative Strategic Partnership (2016)

In 2016, China and Switzerland upgraded their relations to an Innovative Strategic Partnership. This framework broadens the scope of their cooperation beyond trade and economic exchanges to include collaboration in innovation-driven areas such as digitalization, green technologies, and pharmaceuticals. This partnership reflects a deep commitment to harnessing both countries’ strengths in research and development (R&D) and high-tech sectors.

4. Double Taxation Agreement (DTA) (Revised in 2013)

The agreement for the avoidance of double taxation between China and Switzerland was originally signed and has been updated to reflect the growing economic ties and to facilitate investment flows between the two countries. The revised DTA ensures that businesses operating in both countries are not taxed twice on the same income, which lowers barriers for Swiss companies investing in China and vice versa, and promotes economic exchange.

5. Financial Dialogue and Regulatory Cooperation (Ongoing)

Switzerland and China engage in regular financial dialogues aimed at enhancing cooperation in financial services and regulatory practices. These discussions cover topics such as banking, insurance, securities, and sustainable finance. The cooperation in this area aims to support the stability of the financial systems and to explore new opportunities in financial technologies and services.