Switzerland posted a record trade surplus of CHF 4.3 billion in June 2021, as exports fell less than imports. Exports dropped 2.7 percent month-on-month to CHF 20.2 billion, dragged down by sales of pharmaceutical products (-4.3 percent), precision instruments (-2.4 percent) and machines and electronics (-2.4 percent). Among major trade partners, exports were down to the EU (-3.3 percent), in particular Germany (-4.3 percent) and France (-4.4 percent); the UK (-22.8 percent); the US (-8.7 percent). Meanwhile, imports declined 3.8 percent from a month earlier to CHF 15.9 billion on lower purchases of pharmaceutical products (-10.7 percent), machines and electronics (-2.5 percent), food and beverages (-2.7 percent) and textiles, clothing, shoes (-1.8 percent). Imports decreased from the EU (-1.3 percent), the UK (-16.7 percent), China (-0.6 percent) and the US (-1.1 percent). source: Federal Customs Administration

Balance of Trade in Switzerland averaged 168.81 CHF Million from 1950 until 2021, reaching an all time high of 4264.21 CHF Million in May of 2021 and a record low of -1478.68 CHF Million in August of 1989. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Balance of Trade in Switzerland is expected to be 4100.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Switzerland to stand at 3910.00 in 12 months time. In the long-term, the Switzerland Balance of Trade is projected to trend around 3880.00 CHF Million in 2022 and 2460.00 CHF Million in 2023, according to our econometric models.

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Switzerland Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
4314.00 4248.00 4314.00 -1478.68 1950 - 2021 CHF Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 06:00 AM Mar CHF3.9B CHF3.4B CHF2.9B
2021-05-27 06:00 AM Apr CHF3.3B CHF3.9B CHF3.6B
2021-06-17 06:00 AM May CHF4.3B CHF3.3B CHF2.9B
2021-07-20 06:00 AM Jun CHF4.3B CHF4.2B CHF 4.1B
2021-08-19 06:00 AM Jul CHF4.3B
2021-09-21 06:00 AM Aug
2021-10-19 06:00 AM Sep CHF 4.1B
2021-11-18 07:00 AM Oct


News Stream
Swiss Trade Surplus Largest on Record
Switzerland posted a record trade surplus of CHF 4.3 billion in June 2021, as exports fell less than imports. Exports dropped 2.7 percent month-on-month to CHF 20.2 billion, dragged down by sales of pharmaceutical products (-4.3 percent), precision instruments (-2.4 percent) and machines and electronics (-2.4 percent). Among major trade partners, exports were down to the EU (-3.3 percent), in particular Germany (-4.3 percent) and France (-4.4 percent); the UK (-22.8 percent); the US (-8.7 percent). Meanwhile, imports declined 3.8 percent from a month earlier to CHF 15.9 billion on lower purchases of pharmaceutical products (-10.7 percent), machines and electronics (-2.5 percent), food and beverages (-2.7 percent) and textiles, clothing, shoes (-1.8 percent). Imports decreased from the EU (-1.3 percent), the UK (-16.7 percent), China (-0.6 percent) and the US (-1.1 percent).
2021-07-20
Swiss Trade Surplus Largest on Record
Switzerland posted a record trade surplus of CHF 4.3 billion in May 2021, as exports jumped 3.5 percent to an all-time high of CHF 20.8 billion, boosted by sales of pharmaceutical products (7.4 percent), precision instruments (1.2 percent), and food and beverages (1.6 percent). Among major trade partners, exports were up to the EU (2.2 percent), in particular Germany and France, the UK (10 percent), the US (9.5 percent), and China (2.4 percent).. Meanwhile, imports declined 1.6 percent from the previous month's 16-month high to CHF 16.5 billion on lower purchases of machines and electronics (-0.7 percent), vehicles (-2.6 percent), and textiles, clothing, shoes (-2.6 percent). Imports were down from the EU (-0.9 percent), the UK (-2.3 percent), and China (-3.2 percent). Imports from the US rose 2.2 percent.
2021-06-17
Swiss Posts Smallest Trade Surplus in 4 Months
Switzerland's trade surplus narrowed to CHF 3.29 billion in April of 2021 from CHF 3.88 billion in the previous month. It was the smallest trade surplus since last December, amid the pandemic crisis. Exports showed no growth at CHF 20 billion. Exports rose for machines and electronics, watches, precision instruments, and metals, while fell for chemical & pharmaceutical products. Among key trade partners, exports increased to Japan, Hong Kong, Singapore, the UK and the EU, while decreased to the US and China. Meanwhile, imports advanced 3.5 percent to CHF 16.75 billion led by chemical & pharmaceutical products, machines and electronics, metals, and energy. Imports were up from the US, Hong Kong, the UK, and the EU, while declined from China and Japan. Considering the first four months of the year, the trade surplus widened to CHF 14.10 billion from CHF 11.91 billion in the same period of 2020.
2021-05-27
Switzerland Trade Surplus Largest in 11 Months
Switzerland's trade surplus widened to CHF 3.88 billion in March of 2021 from a marginally revised CHF 3.36 billion in the previous month. It was the largest trade surplus since last April, amid an improving global demand. Exports increased by 5.4 percent from a month earlier to CHF 19.89 billion, boosted by higher sales of chemical & pharmaceutical products; machines and electronics; precision instruments, and metals. Among key trade partners, exports increased to China, Singapore, the US, the UK and the EU. Meanwhile, imports rose at a softer 3.2 percent to CHF 16.01 billion led by machines and electronics; metals; textiles, clothing, shoes; food and beverages, and precision instruments. Imports were up from China, the US, Hong Kong, and the EU. Considering the first three months of the year, the trade surplus widened to CHF 11.28 billion from CHF 8.42 billion in the same period of 2020.
2021-04-22

Switzerland Balance of Trade
In 2019, the Swiss trade surplus widened 19 percent from the previous year to CHF 37 billion, as both imports and exports reached new records despite global trade tensions, Brexit uncertainty and Hong Kong protests. The biggest trade surpluses were recorded with the US, India, the UK, China, Hong Kong, Japan and Singapore; and the largest deficits were recorded with the UAE, Germany, Ireland, Italy and Thailand.