Swiss Trade Monitor - 10 - China+0 Strategy - An indispensable Nation?

Switzerland's imports from China constitute approximately 8% of its total imports, and over 5.5% of its exports go to China, indicating a significant but not primary trading partnership.

For certain product categories, however, more than 50% of Switzerland's imports are sourced from China, particularly in telecommunications equipment and computing machinery, highlighting a heavy reliance on China for specific goods.

Despite some growth in imports from alternative Asian countries (labeled "Altasia" and including Bangladesh, Brunei, Cambodia, India, Indonesia, Japan, Laos, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam), there is no systematic pattern of trade diversification away from China, with the share of Swiss imports from China remaining stable.

The data suggest that China continues to be an indispensable trading partner for Switzerland, with any attempts at diversification not significantly reducing reliance on Chinese imports so far.