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

Swiss trade surplus narrowed 23.9 percent to CHF 2.17 billion in August 2017 from CHF 2.85 billion a year earlier and below market expectations of CHF 2.41 billion. It was the smallest trade surplus since April, as exports rose less than imports. In July 2017, the trade surplus was marginally revised to CHF 3.49 billion. Balance of Trade in Switzerland averaged 190.32 CHF million from 1950 until 2017, reaching an all time high of 4774.02 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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Swiss Trade Surplus Smallest in 4 Months


Swiss trade surplus narrowed 23.9 percent to CHF 2.17 billion in August 2017 from CHF 2.85 billion a year earlier and below market expectations of CHF 2.41 billion. It was the smallest trade surplus since April, as exports rose less than imports.

Year-on-year, exports rose by 3.9 percent to CHF 16.67 billion, mainly driven by an increase in sales of machinery and electronic metals (10.8 percent); watches (4.2 percent), and precision instruments (10 percent). In contrast, sales fell for:  jewelry and bijouterie (-16.1 percent).
 
Among major trade partners, sales increased to: China (50.2 percent), Singapore (12.3 percent); Hong Kong (16.6 percent); South Korea (11.9 percent), and Taiwan (21.4 percent). In contrast sales went down to  Japan (-26.2 percent); the US (-0.9 percent).
 
Imports rose 9.8 percent to CHF 14.49 billion, boosted by an increase in purchases of vehicles  (9.2 percent); food, beverages and tobacco (10.3 percent); chemical and pharmaceutical products (10.3 percent); machinery and electronics (12.3 percent); metals (12 percent), and textiles, clothing, footwear (4.1 percent). In contrast purchases decreased for watches (-18.5 percent).
 
Among major trade partners, purchases went up from : China (5.5 percent); Japan (29.2 percent), and EU countries (11.2 percent), mainly Germany (12.9 percent), France (22.8 percent), and Italy (7.5 percent). In contrast, purchases fell from: Singapore (-3.6 percent); the US (-8.7 percent).
 
In July 2017, the trade surplus was marginally revised to CHF 3.49 billion.

In the January-August period 2017, the trade surplus widened  to CHF 24.52 billion from CHF 24.06 billion in the same period of 2016.
 
 

Swiss Customs Administration l Chusnul Ch Manan| chusnul@tradingeconomics.com
9/21/2017 9:04:37 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-20 06:00 AM Balance of Trade CHF2.8B CHF3.4B CHF2.89B CHF3.6B
2017-08-22 06:00 AM Balance of Trade CHF3.5B CHF2.8B CHF2.88B CHF 3.0B
2017-09-21 06:00 AM Balance of Trade CHF2.17B CHF3494M CHF 2.41B CHF3.2B
2017-10-19 06:00 AM Balance of Trade CHF2.17B CHF2,470M CHF2.9B
2017-11-21 07:00 AM Balance of Trade
2017-12-21 07:00 AM Balance of Trade


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2173.00 3494.00 4774.02 -1478.68 CHF million [+]
Exports 16667.00 18346.67 19778.73 245.90 CHF million [+]
Imports 14494.00 14835.61 17348.96 273.20 CHF million [+]
Current Account 18748.00 12055.00 25353.00 -2767.00 CHF Million [+]
Current Account to GDP 11.00 11.50 14.80 -0.60 percent [+]
External Debt 1712708.00 1705354.00 1721336.40 13293.30 CHF Million [+]
Terms of Trade 114.71 117.41 119.08 74.27 Index Points [+]
Capital Flows 12428.00 12832.00 44260.00 -53637.00 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 4175.95 3929.05 4852.69 999.10 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

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2173.00 3494.00 4774.02 -1478.68 1950 - 2017 CHF million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 113.64 Aug/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17