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

Swiss trade surplus narrowed 8.27percent to CHF 2.33 billion in October 2017 from CHF 2.54 billion in the same month a year earlier and below market expectations of CHF 3.21 billion. Exports increased 8.4 percent year-on-year to CHF 19.33 billion while imports rose 11.1 percent to CHF 17 billion. In January-October 2017, the trade surplus narrowed to CHF 29.73 billion from CHF 30.89 billion in the same period of 2016. Balance of Trade in Switzerland averaged 198.66 CHF million from 1950 until 2017, reaching an all time high of 4774.95 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 Narrows 8.3% in October


Swiss trade surplus narrowed 8.27 percent to CHF 2.33 billion in October 2017 from CHF 2.54 billion in the same month a year earlier and below market expectations of CHF 3.21 billion.

Year-on-year, exports increased by 8.4 percent to CHF 19.33 billion in October, mainly due to a rise in sales of chemical and pharmaceutical products (3.2 percent); precision instruments (10.1 percent); jewelry and bijouterie (15.86 percent); machinery and electronics (8.8 percent); watches (9.3 percent); metal (20.9 percent), and food and beverages (10.6 percent).
 
Among major trade partners, sales increased to EU (4.9 percent), mainly from France (7 percent), Italy (20.6 percent), and Austria (31.6 percent); the US (15.8 percent); Japan (27.6 percent), and Hong Kong (19.3  percent). Meanwhile, sales went down to Germany (-2 percent); South Korea (-8.3 percent), and China (-4.1 percent).
 
Imports rose 11.1 percent to CHF 17 billion, boosted by an increase in purchases of chemical and pharmaceutical products (0.1 percent); machinery and electronics (5.9 percent); vehicles (5.2 percent); food, beverages and tobacco (8.7 percent); metals (22.5 percent); textiles, clothing, footwear (12 percent), and jewelry and bijouterie (73.9 percent).
 
Among major trade partners, purchases went up from China (11.3 percent); the EU (9.2 percent), mainly from Germany (15.2 percent), France (30.9 percent), and Italy (11 percent); Hong Kong (26.2 percent). In contrast, purchases fell from Japan (-45.4 percent) and the US (-3.3 percent).
 
In January-Octoberr 2017, the trade surplus narrowed to CHF 29.73 billion from CHF 30.89 billion in the same period of 2016.

Swiss Customs Administration l Chusnul Ch Manan | chusnul@tradingeconomics.com
11/21/2017 8:53:25 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-21 06:00 AM Balance of Trade CHF2170M CHF3494M CHF 2410M CHF3200M
2017-10-19 06:00 AM Balance of Trade CHF2.918B CHF2198M CHF2.47B CHF2.9B
2017-11-21 07:00 AM Balance of Trade CHF2.333B CHF2.815B CHF3,210M CHF2.7B
2017-12-21 07:00 AM Balance of Trade CHF2.333B
2018-01-26 07:00 AM Balance of Trade
2018-02-21 07:00 AM Balance of Trade


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2333.39 2814.83 4774.95 -1478.68 CHF million [+]
Exports 19332.75 18329.36 19778.73 245.90 CHF million [+]
Imports 16999.37 15514.54 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 109.59 108.21 119.08 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 1876.00 2110.00 2138.00 600.00 Thousand [+]
Gold Reserves 1039.99 1039.99 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.27 0.29 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2333.39 2814.83 4774.95 -1478.68 1950 - 2017 CHF million Monthly




balance of trade by Country
Country Last
Australia 105.00 Oct/17
Brazil 3545.75 Nov/17
Canada -1474.50 Oct/17
China 402.10 Nov/17
Euro Area 26364.90 Sep/17
France -4956.00 Oct/17
Germany 18900.00 Oct/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -2066.00 Oct/17
Netherlands 6258.00 Sep/17
Russia 9832.00 Oct/17
South Korea 7800.00 Nov/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -7324.23 Oct/17
United Kingdom -1405.00 Oct/17
United States -48731.00 Oct/17