U.S. – Switzerland Trade Balance
The U.S.–Switzerland Trade Balance for 2023 was as follows:
Goods Trade
- U.S. Exports to Switzerland: Approximately $32.6 billion
- U.S. Imports from Switzerland: Around $45.1 billion
- Trade Balance: The U.S. experienced a goods trade deficit of about $12.5 billion with Switzerland in 2023.
Services Trade
- U.S. Services Exports to Switzerland: Estimated at $55.6 billion
- U.S. Services Imports from Switzerland: Approximately $32.3 billion
- Trade Balance: The U.S. had a services trade surplus of roughly $23.3 billion with Switzerland in 2023.
Overall Trade Balance
Total Goods & Services Trade: Combining both goods and services, the U.S. maintained a trade surplus of approximately $10.8 billion with Switzerland in 2023.
The SIPOC map from suppliers to customers shows that bilateral trade between the U.S. & Switzerland is mutually beneficial for both.
The U.S. export of services to the EU and Switzerland can be deemed vital to a sustainable U.S. economy.
