In 2021, trade in services accounted for 272 billion Swiss Francs, more than one third of total trade. There is a small trade deficit since 2016. Trade in services increased on average by 3.2% year-on-year between 2013 and 2019, and stabilised after a stark decline in 2020, during the pandemic. The European Union is the most important trading partner (39% of trade in services). The United States lead the ranking by country, followed by Germany and the United Kingdom. Seven European countries are among the ten main trading partners. The most important export sectors are licence fees, financial services, followed by transport and ICT services.
The “Services Trade Cockpit” is an interactive overview of the most important statistics on trade in services with the main trading partners.
