What is the value of US trade with Switzerland?
Refreshed annually
The US imported $150.5 billion in goods and services from Switzerland and exported $142.4 billion to Switzerland in 2025. That means that the US imported $8.12 billion more from Switzerland than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$150B
Value of imports from Switzerland to the US (2025)
$142B
Value of exports from the US to Switzerland (2025)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
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The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94% of total trade with the US in 2025.
How high is Switzerland ranked as a US trade partner?
BEA data ranks Switzerland as the US’ 7th top trading partner: In 2025, the US traded $292.9 billion in goods and services with Switzerland. Countries with similar trade values include Japan ($324.1B) and Ireland ($288.4B).
In 2025, the US traded $292.9 billion in goods and services with Switzerland.
Total trade value (imports + exports) with the US (2025), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
What is the trade balance with Switzerland?
The US has had a trade deficit with Switzerland every year from 2019 through 2025. The 2025 deficit was $8.12 billion, a decrease from 2024's deficit of $9.58 billion.
The trade deficit with Switzerland decreased to $8.12B in 2025.
Annual trade balance with Switzerland, not adjusted for inflation
What does the US import from Switzerland?
In 2025, 70.6% of imports from Switzerland to the US were goods. The largest category was nonmonetary gold (gold purchased by individuals or businesses as investments or gold used in manufacturing processes, like for jewelry), accounting for $57.1 billion. The top three imports were nonmonetary gold, consumer goods, and capital goods. These categories accounted for $93.8 billion of total imports.
The other 29.4% were services, with use of intellectual property being the largest service category. Use of intellectual property accounted for $14.2 billion.
Nonmonetary gold made up 37.9% of US imports from Switzerland in 2025.
US imports from Switzerland by category (2025)
What does the US export to Switzerland?
In 2025, more US exports to Switzerland were goods — 52.1%. The largest export was nonmonetary gold, which accounted for a value of $56.6 billion. The top three exports were nonmonetary gold, consumer goods, and capital goods. These categories accounted for $69.3 billion of exports to Switzerland.
The other 47.9% were services, with business services being the largest service category. business services (like R&D, consulting, and tech services) accounted for $29.2 billion.
Nonmonetary gold made up 39.7% of US exports to Switzerland in 2025.
US exports to Switzerland by category (2025)
Value of imports and exports, by category (2025)
| 1. | Nonmonetary gold | $57.1 billion |
| 2. | Consumer goods | $28.8 billion |
| 3. | Use of intellectual property | $14.2 billion |
| 4. | Insurance services | $11.7 billion |
| 5. | Capital goods | $7.89 billion |
| 6. | Business services | $6.92 billion |
| 7. | Transport | $6.83 billion |
| 8. | Other merchandise | $6.03 billion |
| 9. | Industrial supplies and materials | $4.5 billion |
| 10. | Travel | $1.83 billion |
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
