Trade in goods with USA SITC (Standard International Trade Classification)
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Switzerland trade flows with USA by SITC*) product sections during 2020/4 - 2020/8

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


Share of USA's2020/4
%
2020/5
%
2020/6
%
2020/7
%
2020/8
%
Export1.31.11.01.02.0
Import5.17.34.23.83.2
Trade in Goods3.75.13.02.82.7

USA's foreign trade with Switzerland, exports to Switzerland and imports from Switzerland in August 2020


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 August 2020 represented a share of 2.7 per cent. Share of USA's that month's exports was 2.0% and 3.2% of imports. In August Switzerland was USA's eight largest foreign trade partner. Amounting trade to worth of $8.8 billion was 94.7 per cent bigger than in August of the previous year. In August the trade balance with Switzerland was $4.1 billion in deficit for United States of America.

The value of imports from Switzerland was 94.2 per cent higher than in August of the previous year, thus amounting to $6.4 billion. Major product categories of imports from Switzerland were Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.), representing 28.8 percent of imports, Sitc542 (medicaments (including veterinary medicaments)) 27.1 % and Sitc931 (special transactions and commodities not classified according to kind) 7.5 % of the imports.

Exports to Switzerland grew strongly over the previous year's August. The value of exports was $2.3 billion. The largest product groups of exports were: Sitc971 (gold,non-monetary), which represented a share of 52.0 per cent of total exports, Sitc681 (silver, platinum and other metals of the platinum group) 7.2 % and Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 7.1 % of the exports.

Development during January-August 2020

During this year trade in goods between countries was significantly higher than in January-August of the previous year. Growth was as high as 63.1346185121231 per cent and the value of the trade increased to $66.0 billion. During January-August the value of imports was $55.2 billion. The export value was $10.7 billion. Compared to the corresponding period in 2019, the value of imports during this period increased by 93.0 %. The largest value in imports was in Sitc971 (gold,non-monetary), worth $13.8 billion. In export the largest value had Sitc971 (gold,non-monetary), worth being $3.1 billion. The value of exports during this period decreased by 9.2 %. From USA's point of view, the trade balance between the countries in January-August remained in deficit. The trade deficit was $44.5 billion. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $16.8 billion.


Table: USA's export to Switzerland (CH) during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 9.3 0.7 9.2 0.9 10.1 1.0 10.2 0.9 8.5 0.4
01. Meat and meat preparations 0.1 0.0 0.6 0.1 1.2 0.1 0.10 0.1 0.7 0.0
03. Fish and fish preparations 0.2 0.0 0.2 0.0 0.3 0.0 0.8 0.1 0.8 0.0
04. Cereals and cereal preparations 1.3 0.1 1.2 0.1 1.5 0.1 1.5 0.1 0.10 0.0
05. Vegetables and fruit 3.3 0.3 1.9 0.2 2.8 0.3 1.7 0.1 1.4 0.1
07. Coffee,tea,cocoa,spices 1.0 0.1 0.2 0.0 0.2 0.0 0.1 0.0 0.1 0.0
08. Feeding stuff for animals 0.6 0.0 1.1 0.1 0.2 0.0 0.4 0.0 0.3 0.0
09. Miscellaneous edible products and preparations 2.9 0.2 3.10 0.4 3.10 0.4 4.5 0.4 4.2 0.2
1. Beverages and tobacco 23.4 1.8 35.6 3.6 2.1 0.2 8.9 0.8 32.5 1.4
11. Beverages 1.1 0.1 1.4 0.1 1.3 0.1 1.8 0.1 1.8 0.1
12. Tobacco and tobacco manufactures 22.3 1.8 34.2 3.5 0.8 0.1 7.2 0.6 30.7 1.3
2. Crude materials,inedible,except fuels 15.1 1.2 6.9 0.7 6.1 0.6 4.3 0.4 38.9 1.7
22. Oil seeds,oleaginous fruits 0.6 0.0 1.1 0.1 0.7 0.1 0.6 0.0 0.6 0.0
25. Pulp and waste paper 1.1 0.1 1.10 0.2 1.1 0.1 1.2 0.1 0.9 0.0
26. Textile fibres and their wastes 0.2 0.0 0.6 0.1 1.3 0.1 0.9 0.1 0.9 0.0
27. Crude fertilizers and crude minerals 0.4 0.0 0.5 0.0 0.7 0.1 0.9 0.1 0.10 0.0
28. Metalliferous ores and metal scrap 11.9 0.9 2.2 0.2 1.7 0.2 0.2 0.0 34.8 1.5
29. Crude animal,vegetable materials n.e.s. 1.1 0.1 0.6 0.1 0.7 0.1 0.9 0.1 0.8 0.0
3. Mineral fuels etc 25.7 2.0 1.8 0.2 8.2 0.8 57.0 4.9 12.4 0.5
33. Petroleum and products 3.2 0.2 1.8 0.2 8.2 0.8 57.0 4.9 0.1 0.0
34. Gas,natural and manufactured 22.5 1.8 0.1 0.0 0 0.0 0 0.0 12.4 0.5
5. Chemicals and related products,n.e.s. 235.5 18.5 211.2 21.4 301.0 28.9 222.3 19.2 322.10 13.8
51. Organic chemicals 26.3 2.1 19.4 2.0 40.1 3.8 28.4 2.4 25.0 1.1
52. Inorganic chemicals 2.2 0.2 1.6 0.2 2.10 0.3 3.3 0.3 0.8 0.0
53. Dyeing,tanning and colouring material 8.6 0.7 12.0 1.2 5.1 0.5 14.4 1.2 11.1 0.5
54. Medicinal and pharmaceutical products 175.9 13.8 149.8 15.2 220.6 21.2 147.1 12.7 253.10 10.9
55. Perfume,cleaning etc.preparations 9.2 0.7 15.8 1.6 17.5 1.7 16.5 1.4 17.2 0.7
57. Plastics in primary forms 1.7 0.1 2.5 0.3 3.10 0.4 3.1 0.3 4.8 0.2
58. Plastics in non-primary forms 3.0 0.2 2.2 0.2 1.9 0.2 1.8 0.2 3.5 0.1
59. Chemical materials and products,n.e.s. 8.9 0.7 8.0 0.8 9.2 0.9 7.9 0.7 6.8 0.3
6. Basic manufactures 58.7 4.6 238.5 24.1 120.5 11.6 200.3 17.3 274.1 11.7
61. Leather,dressed fur,etc. 0.1 0.0 0.2 0.0 0.4 0.0 0.6 0.1 0.2 0.0
62. Rubber manufactures,n.e.s. 1.5 0.1 1.4 0.1 1.5 0.1 1.10 0.2 1.5 0.1
64. Paper,paperboard and articles thereof 1.7 0.1 1.0 0.1 1.8 0.2 1.6 0.1 1.5 0.1
65. Textile yarn,fabrics,made up articles,etc. 1.8 0.1 1.4 0.1 1.7 0.2 1.5 0.1 1.7 0.1
66. Non-metallic mineral manufactures,n.e.s. 24.9 1.9 37.8 3.8 44.2 4.2 46.6 4.0 88.5 3.8
67. Iron and steel 1.1 0.1 1.1 0.1 1.4 0.1 1.7 0.1 1.2 0.1
68. Non-ferrous metals 16.8 1.3 187.7 19.0 61.4 5.9 138.9 12.0 170.0 7.3
69. Manufactures of metals,n.e.s. 10.10 0.9 8.1 0.8 8.4 0.8 7.6 0.6 9.6 0.4
7. Machinery,transport equipment 100.1 7.9 159.5 16.1 161.5 15.5 147.1 12.7 131.1 5.6
71. Power generating machinery and equipment 7.5 0.6 10.2 1.0 7.9 0.7 15.5 1.3 13.7 0.6
72. Machinery for specialized industries 7.4 0.6 5.9 0.6 8.0 0.8 4.8 0.4 5.6 0.2
73. Metal working machinery 1.9 0.1 1.4 0.1 1.8 0.2 2.0 0.2 1.6 0.1
74. General industrial machinery n.e.s. 10.4 0.8 12.8 1.3 14.5 1.4 12.9 1.1 13.9 0.6
75. Office machines and adp machines 8.5 0.7 6.4 0.6 6.6 0.6 7.6 0.7 17.9 0.8
76. Telecommunications and sound recording equipment 5.9 0.5 6.8 0.7 7.5 0.7 9.5 0.8 9.4 0.4
77. Electric machinery,n.e.s.and parts 28.10 2.3 25.7 2.6 32.2 3.1 36.4 3.1 24.1 1.0
78. Road vehicles 3.5 0.3 3.2 0.3 4.9 0.5 7.5 0.6 4.4 0.2
79. Other transport equipment 26.3 2.1 87.4 8.8 78.4 7.5 51.1 4.4 40.10 1.8
8. Miscellaneous manufactured articles 118.2 9.3 139.1 14.1 228.3 21.9 335.10 29.0 229.3 9.8
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.4 0.0 0.4 0.0 0.3 0.0 0.7 0.1 0.3 0.0
82. Furniture and parts thereof 0.3 0.0 0.4 0.0 0.9 0.1 0.6 0.0 0.5 0.0
83. Travel goods,handbags and sim.containers 0.6 0.0 1.2 0.1 1.1 0.1 0.9 0.1 1.2 0.0
84. Articles of apparel and clothing accessories 0.5 0.0 1.6 0.2 0.7 0.1 2.2 0.2 1.4 0.1
85. Footwear 0.3 0.0 0.5 0.0 0.4 0.0 0.6 0.0 0.4 0.0
87. Instruments and apparates n.e.s. 40.8 3.2 45.3 4.6 37.9 3.6 44.8 3.9 49.8 2.1
88. Photographic equipment,optical goods etc. 6.1 0.5 9.10 1.0 19.5 1.9 22.5 1.9 25.1 1.1
89. Miscellaneous manufactured articles,n.e.s. 69.5 5.5 80.1 8.1 167.8 16.1 264.2 22.8 150.9 6.5
9. Goods not classified elsewhere 687.7 54.0 187.4 19.0 203.3 19.5 172.4 14.9 1,284.1 55.0
93. Special transactions and commodities not classified 5.7 0.4 4.8 0.5 7.1 0.7 5.6 0.5 1.9 0.1
97. Gold,non-monetary 653.8 51.3 158.9 16.1 169.1 16.2 124.5 10.7 1,214.4 52.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 24.1 1.9 22.7 2.3 20.8 2.0 27.6 2.4 37.6 1.6
0-9. All groups combined 1,273.3 100.0 988.6 100.0 1,040.6 100.0 1,158.1 100.0 2,333.4 100.0

Source: US Census Bureau

Table: Import from Switzerland (CH) to USA during 2020/4 - 2020/8

2020 / 42020 / 52020 / 62020 / 72020 / 8
million $%million $%million $%million $%million $%
0. Food and live animals 63.3 0.8 53.4 0.4 61.3 0.8 53.9 0.7 61.4 1.0
00. Live animals 0 0.0 0 0.0 0.1 0.0 0.6 0.0 0.1 0.0
02. Dairy products and birds' eggs 8.1 0.1 5.5 0.0 4.7 0.1 7.4 0.1 8.9 0.1
04. Cereals and cereal preparations 1.1 0.0 0.5 0.0 1.3 0.0 0.8 0.0 0.9 0.0
05. Vegetables and fruit 0.7 0.0 0.9 0.0 1.0 0.0 1.9 0.0 1.1 0.0
06. Sugars,sugar preparations and honey 4.9 0.1 2.3 0.0 6.0 0.1 5.8 0.1 2.8 0.0
07. Coffee,tea,cocoa,spices 41.2 0.5 37.9 0.3 40.6 0.5 31.6 0.4 42.4 0.7
09. Miscellaneous edible products and preparations 7.4 0.1 6.5 0.1 7.9 0.1 6.1 0.1 5.4 0.1
1. Beverages and tobacco 59.5 0.7 56.9 0.5 29.4 0.4 65.4 0.8 59.8 0.9
11. Beverages 59.2 0.7 56.8 0.5 29.3 0.4 65.3 0.8 59.8 0.9
2. Crude materials,inedible,except fuels 2.8 0.0 3.2 0.0 3.2 0.0 2.6 0.0 2.7 0.0
26. Textile fibres and their wastes 0.4 0.0 0.6 0.0 0.2 0.0 0.4 0.0 0.4 0.0
29. Crude animal,vegetable materials n.e.s. 1.9 0.0 2.1 0.0 2.7 0.0 1.6 0.0 1.8 0.0
5. Chemicals and related products,n.e.s. 1,699.3 20.2 1,392.6 11.6 1,994.2 26.7 2,147.8 27.8 2,419.3 37.5
51. Organic chemicals 182.8 2.2 342.8 2.9 482.6 6.5 578.2 7.5 296.8 4.6
52. Inorganic chemicals 3.1 0.0 1.3 0.0 1.7 0.0 1.6 0.0 1.6 0.0
53. Dyeing,tanning and colouring material 6.3 0.1 7.10 0.1 6.6 0.1 7.6 0.1 6.8 0.1
54. Medicinal and pharmaceutical products 1,473.1 17.5 1,008.6 8.4 1,466.1 19.6 1,522.3 19.7 2,077.7 32.2
55. Perfume,cleaning etc.preparations 8.1 0.1 7.4 0.1 13.4 0.2 12.3 0.2 12.7 0.2
57. Plastics in primary forms 12.4 0.1 11.1 0.1 9.9 0.1 11.7 0.2 11.4 0.2
58. Plastics in non-primary forms 3.8 0.0 3.6 0.0 3.9 0.1 4.3 0.1 3.10 0.1
59. Chemical materials and products,n.e.s. 10.1 0.1 9.9 0.1 10.3 0.1 10.1 0.1 8.8 0.1
6. Basic manufactures 74.4 0.9 194.6 1.6 242.8 3.2 179.5 2.3 299.7 4.6
62. Rubber manufactures,n.e.s. 2.9 0.0 1.10 0.0 2.1 0.0 2.9 0.0 2.0 0.0
63. Wood and cork manufactures 1.6 0.0 1.6 0.0 1.0 0.0 1.8 0.0 1.1 0.0
64. Paper,paperboard and articles thereof 1.7 0.0 2.3 0.0 1.1 0.0 3.2 0.0 1.4 0.0
65. Textile yarn,fabrics,made up articles,etc. 3.10 0.0 3.7 0.0 3.5 0.0 3.5 0.0 2.9 0.0
66. Non-metallic mineral manufactures,n.e.s. 6.10 0.1 102.6 0.9 77.5 1.0 24.9 0.3 29.2 0.5
67. Iron and steel 3.8 0.0 2.4 0.0 3.6 0.0 3.6 0.0 2.2 0.0
68. Non-ferrous metals 22.8 0.3 49.4 0.4 124.3 1.7 102.9 1.3 218.9 3.4
69. Manufactures of metals,n.e.s. 30.8 0.4 30.9 0.3 29.9 0.4 37.1 0.5 42.3 0.7
7. Machinery,transport equipment 338.5 4.0 325.3 2.7 373.2 5.0 414.6 5.4 384.6 6.0
71. Power generating machinery and equipment 32.2 0.4 23.7 0.2 25.5 0.3 26.6 0.3 26.5 0.4
72. Machinery for specialized industries 56.8 0.7 60.1 0.5 54.3 0.7 82.8 1.1 73.0 1.1
73. Metal working machinery 41.6 0.5 49.5 0.4 40.6 0.5 47.6 0.6 42.9 0.7
74. General industrial machinery n.e.s. 88.9 1.1 85.2 0.7 105.9 1.4 105.1 1.4 97.9 1.5
75. Office machines and adp machines 6.3 0.1 5.4 0.0 6.7 0.1 9.1 0.1 7.4 0.1
76. Telecommunications and sound recording equipment 3.3 0.0 4.1 0.0 7.4 0.1 6.8 0.1 7.8 0.1
77. Electric machinery,n.e.s.and parts 75.6 0.9 66.5 0.6 81.5 1.1 90.1 1.2 77.8 1.2
78. Road vehicles 3.7 0.0 2.1 0.0 2.2 0.0 3.3 0.0 3.6 0.1
79. Other transport equipment 30.7 0.4 29.0 0.2 49.4 0.7 43.7 0.6 48.1 0.7
8. Miscellaneous manufactured articles 2,392.0 28.5 4,082.7 34.1 2,442.3 32.7 2,300.2 29.8 2,444.5 37.9
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 1.1 0.0 0.8 0.0 2.5 0.0 1.5 0.0 2.4 0.0
82. Furniture and parts thereof 1.8 0.0 1.3 0.0 1.3 0.0 1.7 0.0 1.2 0.0
83. Travel goods,handbags and sim.containers 0.1 0.0 0.1 0.0 1.5 0.0 0.2 0.0 0.4 0.0
84. Articles of apparel and clothing accessories 0.3 0.0 0.9 0.0 0.9 0.0 1.3 0.0 1.10 0.0
87. Instruments and apparates n.e.s. 139.5 1.7 121.9 1.0 146.7 2.0 153.10 2.0 161.6 2.5
88. Photographic equipment,optical goods etc. 85.3 1.0 74.6 0.6 152.1 2.0 275.3 3.6 267.6 4.1
89. Miscellaneous manufactured articles,n.e.s. 2,164.2 25.8 3,883.2 32.5 2,137.4 28.6 1,866.2 24.2 2,009.4 31.2
9. Goods not classified elsewhere 3,766.2 44.9 5,855.2 48.9 2,332.1 31.2 2,551.10 33.1 777.3 12.1
93. Special transactions and commodities not classified 690.6 8.2 1,138.1 9.5 259.7 3.5 724.9 9.4 480.9 7.5
97. Gold,non-monetary 3,041.8 36.2 4,699.9 39.3 2,049.1 27.4 1,803.1 23.4 274.9 4.3
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 13.6 0.2 14.7 0.1 17.8 0.2 22.6 0.3 21.3 0.3
0-9. All groups combined 8,395.8 100.0 11,963.7 100.0 7,478.7 100.0 7,715.8 100.0 6,449.2 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - August (Sitc)

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