Import of Goods Value from Switzerland (1990-2023)

Import of Goods Value from Switzerland (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Switzerland (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Switzerland
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Switzerland’s import value grew significantly, from $69.7B in 1990 to $364.1B in 2023, highlighting its position as a global trade hub. The 2000s marked a period of substantial growth, with imports rising from $100.2B in 2003 to $229.9B in 2008, driven by demand for luxury goods, pharmaceuticals, and advanced machinery.

The 2008 financial crisis caused a slight contraction, but imports recovered rapidly, peaking at $357.1B in 2022. The steady rise reflects Switzerland's stable economy, advanced manufacturing, and increasing global trade integration. The 2023 stabilization at $364.1B indicates robust economic activity amidst global trade adjustments.

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