Indonesia recorded exports to Switzerland totaling US$2.4 billion as of December 2020. This figure represents a 223.76% increase compared to the previous year's exports, which were recorded at US$740.72 million.
Indonesia's trade record with Switzerland shows an upward trend in exports over the past 10 years. The lowest export value was US$58.5 million, while the highest reached US$2.4 billion.
Of the 97 products (two-digit HS codes) exported to Switzerland, 40 products were worth more than one billion dollars. Most of the exported products (60 products) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Switzerland, ordered by value from highest to lowest:
1. Natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals… (HS Code 71). Indonesia exported US$2.3 billion worth of these products to Switzerland, a significant increase from the previous period's US$587.36 million.
2. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus… In 2020, Indonesia exported US$41,043 thousand worth of these products to Switzerland, a decrease compared to the previous period's US$58,888 thousand.
3. Machinery, mechanical appliances, nuclear reactors, boilers… Indonesia exported these products to 156 countries. Exports to Switzerland ranked 31st, totaling US$14,558 thousand in 2020. Other major export destinations for these products include Singapore, the United States, Japan, Thailand, and Germany.
4. Articles of apparel and clothing accessories, not knitted or crocheted… Exports to Switzerland ranked 36th, totaling US$4,855 thousand in 2020. Other major export destinations include the United States, Japan, Germany, South Korea, and China.
5. Articles of apparel and clothing accessories, knitted or crocheted… (HS Code 61). Indonesia exported US$4,561 thousand worth of these products to Switzerland, ranking 33rd among export destinations. Other major export destinations include the United States, Japan, Germany, South Korea, and Canada. Indonesia exported these products to 126 countries.