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

Swiss trade surplus widened to CHF 3.40 billion in May 2017 from CHF 3.34 billion a year earlier and above market expectations of CHF 2.44 billion. It was the largest trade surplus since January, as exports went up by 13.5 percent to CHF 19.56 billion while imports increased by 16.3 percent to CHF 16.16 billion. In April 2017, the trade surplus was downwardly revised to CHF 1.96 billion. Balance of Trade in Switzerland averaged 183.28 CHF million from 1950 until 2017, reaching an all time high of 4772.91 CHF million in January of 2017 and a record low of -1478.68 CHF million in August of 1989.

Switzerland Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-27 06:00 AM Mar CHF3.1B CHF3.1B CHF3.01B CHF2.2B
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 CHF3.4B
2017-08-22 06:00 AM Jul
2017-09-21 06:00 AM Aug




Swiss Trade Surplus Widens To 4-Month High In May


Swiss trade surplus widened to CHF 3.40 billion in May 2017 from CHF 3.34 billion a year earlier and above market expectations of CHF 2.44 billion. It was the largest trade surplus since January, as exports went up by 13.5 percent to CHF 19.56 billion while imports increased by 16.3 percent to CHF 16.16 billion.

Year-on-year, exports rose by 13.5 percent to CHF 19.56 billion, mainly driven by an increase in sales of chemical and pharmaceutical products (16.4 percent), machinery and electronics (7 percent), watches (9 percent), precision instruments (10.9 percent), and metals (20.5 percent).
 
Among major trade partners, sales went up to: EU countries (16.5 percent), mainly Germany (23.7 percent), Italy (17.1 percent) and France (2.1 percent); China (41.8 percent); Japan (39.3 percent); and the US (3.2 percent).

Imports went up 16.3 percent to CHF 16.16 billion, boosted by an increase in purchases of chemical and pharmaceutical products (35.2 percent), machinery and electronics (12.1 percent), vehicles (5 percent), metals (19 percent), food, beverages and tobacco (6.2 percent), and textiles, clothing, footwear (23 percent).

Among major trade partners, purchases went up from: EU countries (21.6 percent), mainly Germany (25.5 percent) and France (22.3 percent); and China (10.2 percent). Imports from the US dropped 22.6 percent.

In the January-May period, the trade surplus widened to CHF 16.17 billion from CHF 15.11 billion in the same period of 2016.
 
 

Swiss Customs Administration l Chusnul Ch Manan | chusnul@tradingeconomics.com
6/22/2017 8:43:02 AM



Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 3400.03 1959.82 4772.91 -1478.68 CHF million [+]
Exports 19564.49 16196.49 19778.73 245.90 CHF million [+]
Imports 16164.46 14236.67 17348.96 273.20 CHF million [+]
Current Account 22022.94 20619.00 25255.00 -2681.00 CHF Million [+]
Current Account to GDP 11.50 8.80 14.80 -0.60 percent [+]
External Debt 1721336.40 1672899.60 1721336.40 13293.30 CHF Million [+]
Terms of Trade 112.28 111.02 119.08 74.27 Index Points [+]
Capital Flows 18026.84 37370.73 44259.81 -53639.84 CHF Million [+]
Foreign Direct Investment 833192.60 770570.00 833192.60 20958.90 CHF Million [+]
Tourist Arrivals 1406.00 1247.00 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 3447.52 4587.21 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3400.03 1959.82 4772.91 -1478.68 1950 - 2017 CHF million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17