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

Switzerland trade surplus decreased to CHF 1.97 billion in April of 2017 from CHF 2.42 billion a year earlier. It was the smallest trade surplus since December 2014 as exports fell more than imports. Year-on-year, sales went down by 10.4 percent to CHF 16 15 billion while purchases fell 9.1 percent to CHF 14.18 billion. In March 2017, trade surplus was recorded CHF 3.10 billion. Balance of Trade in Switzerland averaged 179.32 CHF million from 1950 until 2017, reaching an all time high of 4754.87 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 Reference Actual Previous Consensus Forecast (i)
2017-03-21 07:00 AM Feb CHF3.1B CHF4.8B CHF3.85B CHF4.2B
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 CHF1.97B
2017-07-20 06:00 AM Jun
2017-08-22 06:00 AM Jul




Switzerland Trade Surplus Narrows To Near 2-1/2 Year Low


Switzerland trade surplus decreased to CHF 1.97 billion in April of 2017 from CHF 2.42 billion a year earlier as exports fell more than imports. Year-on-year, sales went down by 10.4 percent to CHF 16.15 billion while purchases fell 9.1 percent to CHF 14.18 billion.

Year-on-year, sales went down by 10.4 percent to CHF 16.15 billion, due to a decrease in sales of metals (-4.9 percent), pharmaceuticals (-11.5 percent), machinery and electronics (-12.6 percent), watches (-5.7 percent), precision instruments (-13.1 percent), jewelry and bijouterie (-6.6 percent), food, beverages and tobacco (-5.9 percent), plastics (-17.1 percent), and vehicles (-20.6 percent). In contrast, exports increased for: textiles, clothing and footwear (6 percent) and paper and graphic products (4.0 percent). 

Among major trade partners, sales decreased to: the EU countries (-11.5 percent), Japan (-9.1 percent), Hong Kong (-11.60 percent), the US (-11.0 percent), South Africa (-35.5 percent), Singapore (-2.8 percent), South Korea (-7.7 percent), India (-7.7 percent),  Australia (-0.1 percent), the Middle east (-25.7 percent), Indonesia (-21.9 percent), Brazil (-12.0 percent), Nigeria (-24.3 percent), and Egypt (-36.3 percent).

In contrast, sales went up to China (9.0 percent) and Canada 12.8 percent).

Purchases fell 9.1 percent to CHF 14.18 billion, due to a decrease in purchases of plastics (-9.5 percent), machinery and electronic (-9 percent), metals (-5.4 percent), watches (-25.4 percent), food, beverages and tobacco (-4.6 percent), chemicals and pharmaceuticals (-15.7 percent), paper and graphic products (-11.5 percent), jewelry and bijouterie (-14.5 percent), and vehicles (-2.3 percent).

In contrast, import rose for: energy products (15.2 percent) and textiles, clothing and footwear (2.6 percent).

In March 2017, trade surplus was registered CHF 3.10 billion.
 

Swiss Customs Administration l Chusnul Ch Manan| chusnul@tradingeconomics.com
5/23/2017 8:32:58 AM



Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 1968.25 3038.08 4754.87 -1478.68 CHF million [+]
Exports 16149.39 19645.75 19778.73 245.90 CHF million [+]
Imports 14181.14 16607.66 17348.96 273.20 CHF million [+]
Current Account 22022.94 20619.00 25255.00 -2681.00 CHF Million [+]
Current Account to GDP 11.00 9.00 15.60 -0.60 percent [+]
External Debt 1721336.40 1672899.60 1721336.40 13293.30 CHF Million [+]
Terms of Trade 111.02 110.48 119.08 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 369.00 342.00 589.00 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1968.25 3038.08 4754.87 -1478.68 1950 - 2017 CHF million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17