Switzerland Balance of Trade  1950-2017 | Data | Chart | Calendar

Swiss trade surplus narrowed 19 percent to CHF 2.81 billion in June 2017 from CHF 3.47 billion a year earlier and below market expectations of CHF 2.89 billion, as exports rose less than imports. Exports went up by 2.5 percent to CHF 18.74 billion while imports increased by 7.8 percent to CHF 15.93 billion. In May 2017, the trade balance was recorded CHF 3.40 billion surplus Balance of Trade in Switzerland averaged 186.35 CHF million from 1950 until 2017, reaching an all time high of 4779.82 CHF million in January of 2017 and a record low of -1478.68 CHF million in August of 1989.

Switzerland Balance of Trade
Please Paste this Code in your Website
width
height
Receive the next reported value for Switzerland Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-23 06:00 AM Apr CHF1.97B CHF3.1B CHF2.6B
2017-06-22 06:00 AM May CHF3.4B CHF1.96B CHF2.44B CHF2.9B
2017-07-20 06:00 AM Jun CHF2.8B CHF3.4B CHF2.89B CHF3.6B
2017-08-22 06:00 AM Jul CHF2.8B
2017-09-21 06:00 AM Aug
2017-10-19 06:00 AM Sep




Swiss Trade Surplus Narrows 19% In June


Swiss trade surplus narrowed 19 percent to CHF 2.81 billion in June 2017 from CHF 3.47 billion a year earlier and below market expectations of CHF 2.89 billion as exports rose less than imports. Exports went up by 2.5 percent to CHF 18.74 billion while imports increased by 7.8 percent to CHF 15.93 billion. In May 2017, the trade balance was recorded CHF 3.40 billion surplus.

Year-on-year, exports rose by 2.7 percent to CHF 18.74 billion, mainly driven by an increase in sales of watches (5.3 percent), metals (11.5 percent), and jewelry and bijouterie (62.5 percent). In contrast sales fell for : chemical and pharmaceutical products (-4.0 percent), machinery and electronics (-1.6 percent) and precision instruments (-1 percent).

Among major trade partners, sales went up to: China (6.1 percent); Japan (5.1 percent); Hong Kong (21.8 percent), and the US (17.8 percent). In contrast sales went down to EU countries (-3.1 percent), mainly Germany (-12.1 percent) and France (-0.5 percent)

Imports rose 7.8 percent to CHF 15.93 billion, driven by an increase in purchases of chemical and pharmaceutical products (24.2 percent), machinery and electronics (-0.2 percent), metals (3.7 percent), jewelry and bijouterie (30.3 percent), and textiles, clothing, footwear (10.7 percent). In contrast purchases decreased for : vehicles (-11.1 percent) and food, beverages and tobacco (-1.0 percent).

Among major trade partners, purchases went up from: EU countries (9.7 percent), mainly Germany (4.7 percent), France (5.8 percent), and Italy (8.1 percent). Purcahes dropped from China (-0.5 percent) and the US (-30.3 percent).

In the January-June period 2017, the trade surplus widened to CHF 18.96 billion from CHF 18.59 billion in the same period of 2016.
 

Swiss Customs Administration l Chusnul Ch Manan| chusnul@tradingeconomics.com
7/20/2017 8:01:21 AM



Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2812.51 3388.17 4779.82 -1478.68 CHF million [+]
Exports 18738.41 19623.25 19778.73 245.90 CHF million [+]
Imports 15925.90 16235.08 17348.96 273.20 CHF million [+]
Current Account 11118.00 22023.00 25255.00 -2681.00 CHF Million [+]
Current Account to GDP 11.50 8.80 14.80 -0.60 percent [+]
External Debt 1705354.00 1721336.40 1721336.40 13293.30 CHF Million [+]
Terms of Trade 110.18 112.28 119.08 74.27 Index Points [+]
Capital Flows 18171.00 18027.00 44260.00 -53640.00 CHF Million [+]
Foreign Direct Investment 833192.60 770570.00 833192.60 20958.90 CHF Million [+]
Tourist Arrivals 1507.00 1294.00 2083.00 600.00 Thousand [+]
Gold Reserves 1039.99 1039.99 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.29 1.35 2.03 0.13 [+]
Tourism Revenues 3790.73 3447.52 4725.41 2179.85 CHF Million [+]
Weapons Sales 186.00 437.00 589.00 18.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Switzerland Balance of Trade Notes

Since 2001 Switzerland has been reporting trade surpluses due to strong exports growth. Swiss main exports are: chemical and pharmaceutical products, machines and electronics, watches and precision instruments. The country imports mostly chemical and pharmaceutical products, machines and electronics, vehicles and metals. Its largest trading partner is Germany, followed by the US, Italy, France, China and the UK. This page provides the latest reported value for - Switzerland Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2812.51 3388.17 4779.82 -1478.68 1950 - 2017 CHF million Monthly



balance of trade by Country

Last
Australia 2471.00 May/17
Brazil 7195.00 Jun/17
Canada -1085.90 May/17
China 427.70 Jun/17
Euro Area 21417.50 May/17
France -4886.00 May/17
Germany 22000.00 May/17
India -12959.90 Jun/17
Indonesia 1631.20 Jun/17
Italy 4341.51 May/17
Japan 439.91 Jun/17
Mexico -1079.20 May/17
Netherlands 4655.00 May/17
Russia 8519.00 May/17
South Korea 11400.00 Jun/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -7307.04 May/17
United Kingdom -3073.00 May/17
United States -46507.00 May/17