Trade in goods with USA SITC (Standard International Trade Classification)
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Switzerland trade flows with USA by SITC*) product sections during 2020/10 - 2021/2

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/10
%
2020/11
%
2020/12
%
2021/1
%
2021/2
%
Export1.31.61.51.11.3
Import2.32.32.22.52.5
Trade in Goods1.92.11.91.92.0

USA's foreign trade with Switzerland, exports to Switzerland and imports from Switzerland in February 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

Switzerland's share of USA's foreign trade in goods in February 2021 represented a share of 2.0 per cent. Share of USA's that month's exports was 1.3% and 2.5% of imports. In February Switzerland was USA's 12. largest foreign trade partner. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $6.5 billion was 24.3 per cent bigger than in February of the previous year. In February the trade balance with Switzerland was $3.3 billion in deficit for United States of America.

The value of imports from Switzerland was 24.6 per cent higher than in February of the previous year, thus amounting to $4.9 billion. Major product categories of imports from Switzerland were Sitc542 (medicaments (including veterinary medicaments)), representing 28.4 percent of imports, Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 23.0 % and Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 7.4 % of the imports.

The value of exports to Switzerland were 23.5 percent higher than in February of the previous year, thus amounting to $1.6 billion. The largest product groups of exports were: Sitc971 (gold,non-monetary), which represented a share of 39.0 per cent of total exports, Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 5.4 % and Sitc542 (medicaments (including veterinary medicaments)) 4.5 % of the exports.

Development during January-February 2021

During January-February, trade in goods with Switzerland has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-February of the previous year. Growth was as high as 30.7657806779214 per cent and the value of the trade increased to $12.9 billion. During January-February the value of imports was $9.9 billion. The export value was $3.0 billion. Compared to the corresponding period of the previous year, the value of imports increased by 38.1% and the value of exports by 10.9%. The largest value in imports was in Sitc542 (medicaments (including veterinary medicaments)), worth $3.0 billion. In export the largest value had Sitc971 (gold,non-monetary), worth being $901 million. From USA's point of view, the trade balance between the countries in January-February remained in deficit. The trade deficit was $7.0 billion. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $4.5 billion.


Table: USA's export to Switzerland (CH) during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 11,6 0.7 7,6 0.4 6,4 0.3 8,5 0.6 8,2 0.5
01. Meat and meat preparations 0,9 0.0 0,9 0.0 0,5 0.0 0,2 0.0 0,5 0.0
03. Fish and fish preparations 0,6 0.0 0,4 0.0 0,7 0.0 0,2 0.0 0,2 0.0
04. Cereals and cereal preparations 1,5 0.1 0,5 0.0 1,0 0.0 1,8 0.1 2,4 0.1
05. Vegetables and fruit 3,6 0.2 1,8 0.1 2,1 0.1 2,6 0.2 4,1 0.3
09. Miscellaneous edible products and preparations 4,9 0.3 3,10 0.2 1,7 0.1 3,2 0.2 0,5 0.0
1. Beverages and tobacco 2,5 0.1 2,8 0.1 3,4 0.2 12,5 0.9 32,9 2.1
11. Beverages 2,5 0.1 2,5 0.1 2,10 0.1 1,1 0.1 2,1 0.1
12. Tobacco and tobacco manufactures 0,1 0.0 0,3 0.0 0,4 0.0 11,5 0.8 30,8 1.9
2. Crude materials,inedible,except fuels 7,5 0.4 20,2 1.0 37,2 1.9 6,8 0.5 3,2 0.2
22. Oil seeds,oleaginous fruits 0,1 0.0 7,5 0.4 28,5 1.4 0,1 0.0 0 0.0
25. Pulp and waste paper 1,5 0.1 2,3 0.1 2,7 0.1 1,4 0.1 1,7 0.1
27. Crude fertilizers and crude minerals 0,9 0.0 0,5 0.0 0,7 0.0 0,3 0.0 0,2 0.0
28. Metalliferous ores and metal scrap 3,3 0.2 8,8 0.4 4,5 0.2 4,0 0.3 0,1 0.0
29. Crude animal,vegetable materials n.e.s. 1,3 0.1 0,8 0.0 0,6 0.0 0,8 0.1 1,1 0.1
3. Mineral fuels etc 0,1 0.0 40,4 2.0 20,6 1.0 73,4 5.4 83,4 5.2
33. Petroleum and products 0,1 0.0 32,3 1.6 0,1 0.0 36,0 2.6 59,4 3.7
34. Gas,natural and manufactured 0 0.0 8,2 0.4 20,6 1.0 37,4 2.7 24,0 1.5
5. Chemicals and related products,n.e.s. 371,1 21.8 285,0 14.2 268,9 13.4 297,10 21.8 284,5 17.9
51. Organic chemicals 48,1 2.8 26,6 1.3 52,4 2.6 48,5 3.5 57,5 3.6
52. Inorganic chemicals 1,2 0.1 1,8 0.1 3,2 0.2 2,9 0.2 3,1 0.2
53. Dyeing,tanning and colouring material 7,2 0.4 9,6 0.5 6,8 0.3 15,6 1.1 11,9 0.7
54. Medicinal and pharmaceutical products 265,6 15.6 202,5 10.1 168,6 8.4 191,0 13.9 156,5 9.9
55. Perfume,cleaning etc.preparations 28,3 1.7 26,4 1.3 22,10 1.1 22,4 1.6 36,2 2.3
57. Plastics in primary forms 3,4 0.2 2,3 0.1 2,3 0.1 4,3 0.3 3,7 0.2
58. Plastics in non-primary forms 4,3 0.3 2,7 0.1 3,1 0.2 3,5 0.2 3,10 0.2
59. Chemical materials and products,n.e.s. 13,4 0.8 13,4 0.7 9,9 0.5 9,8 0.7 12,0 0.8
6. Basic manufactures 195,5 11.5 273,2 13.7 245,5 12.2 171,8 12.5 112,2 7.1
62. Rubber manufactures,n.e.s. 1,4 0.1 1,0 0.0 0,8 0.0 0,7 0.0 0,9 0.1
64. Paper,paperboard and articles thereof 1,8 0.1 1,5 0.1 1,1 0.1 2,1 0.1 1,0 0.1
65. Textile yarn,fabrics,made up articles,etc. 1,5 0.1 2,6 0.1 1,6 0.1 1,7 0.1 1,3 0.1
66. Non-metallic mineral manufactures,n.e.s. 104,6 6.2 167,5 8.4 97,7 4.9 126,1 9.2 67,2 4.2
67. Iron and steel 1,7 0.1 1,2 0.1 1,5 0.1 1,2 0.1 1,3 0.1
68. Non-ferrous metals 75,2 4.4 92,4 4.6 135,3 6.7 31,6 2.3 32,4 2.0
69. Manufactures of metals,n.e.s. 9,0 0.5 7,0 0.3 7,5 0.4 8,5 0.6 8,0 0.5
7. Machinery,transport equipment 155,4 9.1 168,3 8.4 226,4 11.3 216,8 15.8 162,1 10.2
71. Power generating machinery and equipment 10,3 0.6 12,5 0.6 7,4 0.4 8,1 0.6 13,6 0.9
72. Machinery for specialized industries 5,3 0.3 5,8 0.3 11,4 0.6 10,0 0.7 9,0 0.6
73. Metal working machinery 2,0 0.1 2,2 0.1 1,8 0.1 2,9 0.2 2,5 0.2
74. General industrial machinery n.e.s. 17,8 1.0 16,7 0.8 16,7 0.8 15,7 1.1 16,2 1.0
75. Office machines and adp machines 12,3 0.7 9,8 0.5 10,5 0.5 6,6 0.5 7,1 0.4
76. Telecommunications and sound recording equipment 10,5 0.6 11,7 0.6 17,1 0.9 10,2 0.7 15,5 1.0
77. Electric machinery,n.e.s.and parts 28,6 1.7 33,2 1.7 37,2 1.9 35,2 2.6 33,5 2.1
78. Road vehicles 19,7 1.2 25,6 1.3 14,8 0.7 13,1 0.9 15,6 1.0
79. Other transport equipment 49,2 2.9 51,2 2.6 109,8 5.5 115,5 8.4 49,4 3.1
8. Miscellaneous manufactured articles 235,8 13.9 287,6 14.4 314,4 15.7 263,8 19.3 228,8 14.4
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,6 0.0 0,6 0.0 0,5 0.0 1,4 0.1 1,1 0.1
82. Furniture and parts thereof 0,6 0.0 1,6 0.1 0,6 0.0 0,8 0.1 0,9 0.1
83. Travel goods,handbags and sim.containers 0,9 0.0 1,3 0.1 1,0 0.0 0,8 0.1 0,7 0.0
84. Articles of apparel and clothing accessories 1,5 0.1 1,7 0.1 2,4 0.1 1,5 0.1 1,8 0.1
85. Footwear 0,9 0.0 0,7 0.0 0,4 0.0 0,7 0.1 0,3 0.0
87. Instruments and apparates n.e.s. 36,10 2.2 38,10 1.9 36,1 1.8 29,1 2.1 32,1 2.0
88. Photographic equipment,optical goods etc. 29,9 1.8 21,2 1.1 26,6 1.3 22,8 1.7 30,8 1.9
89. Miscellaneous manufactured articles,n.e.s. 164,9 9.7 221,8 11.1 247,1 12.3 207,1 15.1 161,4 10.2
9. Goods not classified elsewhere 720,10 42.4 916,5 45.8 883,5 44.0 318,5 23.3 672,5 42.4
93. Special transactions and commodities not classified 2,9 0.2 3,8 0.2 2,9 0.1 1,9 0.1 2,3 0.1
96. Coin (not gold coin or legal) 2,1 0.1 0 0.0 0 0.0 0,1 0.0 0,1 0.0
97. Gold,non-monetary 667,4 39.3 857,7 42.9 821,9 41.0 281,5 20.6 619,6 39.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 41,4 2.4 48,5 2.4 50,2 2.5 30,6 2.2 39,1 2.5
0-9. All groups combined 1.700,2 100.0 2.001,3 100.0 2.005,8 100.0 1.369,7 100.0 1.587,5 100.0

Source: US Census Bureau

Table: Import from Switzerland (CH) to USA during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 84,10 1.6 59,10 1.2 72,1 1.5 67,6 1.3 60,3 1.2
00. Live animals 0,8 0.0 0,5 0.0 0,1 0.0 0,8 0.0 0,1 0.0
02. Dairy products and birds' eggs 12,9 0.2 9,9 0.2 9,8 0.2 8,3 0.2 6,9 0.1
04. Cereals and cereal preparations 1,6 0.0 0,5 0.0 1,4 0.0 1,1 0.0 0,6 0.0
05. Vegetables and fruit 1,8 0.0 1,1 0.0 2,7 0.1 1,2 0.0 0,6 0.0
06. Sugars,sugar preparations and honey 3,5 0.1 3,4 0.1 2,9 0.1 0,8 0.0 1,0 0.0
07. Coffee,tea,cocoa,spices 57,4 1.1 38,0 0.8 47,8 1.0 51,3 1.0 47,6 1.0
09. Miscellaneous edible products and preparations 7,3 0.1 6,5 0.1 7,8 0.2 4,1 0.1 3,6 0.1
1. Beverages and tobacco 67,3 1.3 60,1 1.2 59,10 1.3 64,1 1.3 42,5 0.9
11. Beverages 67,1 1.3 59,9 1.2 59,8 1.3 64,1 1.3 42,1 0.9
2. Crude materials,inedible,except fuels 3,3 0.1 2,4 0.0 3,5 0.1 2,0 0.0 3,7 0.1
27. Crude fertilizers and crude minerals 0,9 0.0 0,2 0.0 0,2 0.0 0,3 0.0 0,2 0.0
29. Crude animal,vegetable materials n.e.s. 2,0 0.0 1,7 0.0 3,1 0.1 1,4 0.0 3,0 0.1
3. Mineral fuels etc 0,4 0.0 0,2 0.0 0,6 0.0 0,4 0.0 0,2 0.0
33. Petroleum and products 0,4 0.0 0,2 0.0 0,6 0.0 0,4 0.0 0,2 0.0
5. Chemicals and related products,n.e.s. 1.808,6 35.1 1.757,3 35.4 1.552,8 33.1 2.405,9 47.8 1.977,5 40.3
51. Organic chemicals 319,10 6.2 301,8 6.1 184,0 3.9 176,8 3.5 174,9 3.6
52. Inorganic chemicals 1,6 0.0 1,2 0.0 1,3 0.0 0,10 0.0 0,8 0.0
53. Dyeing,tanning and colouring material 6,2 0.1 4,3 0.1 7,5 0.2 6,1 0.1 6,3 0.1
54. Medicinal and pharmaceutical products 1.436,6 27.9 1.409,7 28.4 1.312,3 28.0 2.181,8 43.4 1.757,4 35.8
55. Perfume,cleaning etc.preparations 15,5 0.3 13,8 0.3 13,8 0.3 10,9 0.2 8,1 0.2
57. Plastics in primary forms 14,1 0.3 11,3 0.2 15,0 0.3 9,3 0.2 12,0 0.2
58. Plastics in non-primary forms 5,6 0.1 5,2 0.1 4,4 0.1 5,9 0.1 5,2 0.1
59. Chemical materials and products,n.e.s. 9,2 0.2 10,4 0.2 14,6 0.3 14,3 0.3 12,9 0.3
6. Basic manufactures 151,3 2.9 129,5 2.6 162,5 3.5 125,7 2.5 283,3 5.8
62. Rubber manufactures,n.e.s. 1,7 0.0 2,5 0.0 3,1 0.1 1,9 0.0 2,4 0.0
63. Wood and cork manufactures 1,1 0.0 1,1 0.0 1,0 0.0 3,1 0.1 2,3 0.0
64. Paper,paperboard and articles thereof 1,6 0.0 2,7 0.1 2,0 0.0 0,7 0.0 1,7 0.0
65. Textile yarn,fabrics,made up articles,etc. 3,7 0.1 5,1 0.1 5,3 0.1 3,7 0.1 4,3 0.1
66. Non-metallic mineral manufactures,n.e.s. 27,4 0.5 25,6 0.5 49,1 1.0 16,8 0.3 49,1 1.0
67. Iron and steel 3,0 0.1 3,6 0.1 2,7 0.1 2,4 0.0 2,7 0.1
68. Non-ferrous metals 73,9 1.4 56,4 1.1 58,9 1.3 65,0 1.3 190,7 3.9
69. Manufactures of metals,n.e.s. 39,1 0.8 32,8 0.7 40,6 0.9 32,2 0.6 30,4 0.6
7. Machinery,transport equipment 476,7 9.3 435,1 8.8 472,7 10.1 405,3 8.1 380,5 7.8
71. Power generating machinery and equipment 36,9 0.7 31,9 0.6 27,8 0.6 30,0 0.6 25,9 0.5
72. Machinery for specialized industries 113,3 2.2 80,5 1.6 100,3 2.1 108,2 2.2 80,6 1.6
73. Metal working machinery 45,2 0.9 38,5 0.8 48,3 1.0 42,1 0.8 39,6 0.8
74. General industrial machinery n.e.s. 119,1 2.3 128,7 2.6 139,7 3.0 101,5 2.0 87,9 1.8
75. Office machines and adp machines 5,8 0.1 6,3 0.1 9,1 0.2 5,2 0.1 6,8 0.1
76. Telecommunications and sound recording equipment 8,6 0.2 10,6 0.2 7,2 0.2 5,2 0.1 6,1 0.1
77. Electric machinery,n.e.s.and parts 87,2 1.7 88,4 1.8 96,6 2.1 84,5 1.7 87,7 1.8
78. Road vehicles 4,2 0.1 3,9 0.1 2,8 0.1 2,7 0.1 2,3 0.0
79. Other transport equipment 56,10 1.1 46,6 0.9 41,4 0.9 26,5 0.5 43,9 0.9
8. Miscellaneous manufactured articles 1.317,2 25.6 1.258,6 25.3 1.414,2 30.1 1.077,6 21.4 1.800,2 36.7
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1,6 0.0 1,6 0.0 1,3 0.0 0,10 0.0 1,5 0.0
82. Furniture and parts thereof 2,0 0.0 3,7 0.1 3,3 0.1 1,7 0.0 2,1 0.0
83. Travel goods,handbags and sim.containers 2,0 0.0 0,3 0.0 0,8 0.0 0,2 0.0 2,3 0.0
84. Articles of apparel and clothing accessories 1,3 0.0 1,8 0.0 1,1 0.0 0,6 0.0 1,1 0.0
85. Footwear 0,5 0.0 0,3 0.0 0,2 0.0 0,3 0.0 0,6 0.0
87. Instruments and apparates n.e.s. 172,6 3.4 178,0 3.6 195,7 4.2 131,4 2.6 159,4 3.2
88. Photographic equipment,optical goods etc. 316,1 6.1 326,9 6.6 302,5 6.4 312,3 6.2 334,8 6.8
89. Miscellaneous manufactured articles,n.e.s. 821,4 16.0 746,2 15.0 909,6 19.4 630,4 12.5 1.298,9 26.5
9. Goods not classified elsewhere 1.240,5 24.1 1.266,7 25.5 954,3 20.3 880,9 17.5 357,2 7.3
93. Special transactions and commodities not classified 569,7 11.1 419,2 8.4 848,8 18.1 298,4 5.9 279,7 5.7
97. Gold,non-monetary 638,5 12.4 819,7 16.5 78,4 1.7 553,4 11.0 40,8 0.8
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 24,7 0.5 24,6 0.5 24,1 0.5 20,2 0.4 22,5 0.5
0-9. All groups combined 5.149,8 100.0 4.969,5 100.0 4.692,3 100.0 5.029,0 100.0 4.904,10 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - February (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - February (ATP)

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