Switzerland Balance of Trade  1950-2018 | Data | Chart | Calendar

Swiss trade surplus narrowed 1.9 percent to CHF 2.63 billion in December 2017 from CHF 2.68 billion in the same month a year earlier and below market expectations of CHF 2.75 billion. Exports increased 3.6 percent year-on-year to CHF 17.11 billion while imports rose 4.7 percent to CHF 14.48 billion. Considering full 2017, the trade surplus declined to CHF 34.84 billion from CHF 36.93 billion in the same period of 2016. Balance of Trade in Switzerland averaged 204.71 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Swiss Trade Surplus Narrows 1.9% in December


Swiss trade surplus narrowed 1.9 percent to CHF 2.63 billion in December 2017 from CHF 2.68 billion in the same month a year earlier and below market expectations of CHF 2.75 billion.

Year-on-year, exports increased by 3.6 percent to CHF 17.1 billion in December, mainly due to a rise in sales of chemical and pharmaceutical products (0.3 percent); precision instruments (8.8 percent); jewelry and bijouterie (19.6 percent); machinery and electronics (3 percent); watches (0.7 percent); metal (9.7 percent), and food and beverages (4.6 percent).
 
Among major trade partners, sales increased to the US (17.3 percent); China (21.3 percent), and Hong Kong (16.8 percent). Meanwhile, sales went down to Japan (-27.7 percent); EU (-1.3 percent), mainly to Germany (-4.6 percent); France (-4.6 percent), and Italy (-0.7percent).
 
Imports rose 4.7 percent to CHF 14.48 billion, boosted by an increase in purchases of machinery and electronics (8.7 percent); food, beverages and tobacco (2.2 percent); metals (14.9 percent); textiles, clothing, footwear (4.9 percent), and jewelry and bijouterie (78.7 percent). In contrast, import fell for both chemical and pharmaceutical products (-10.7percent) and vehicles (-5.9 percent).

Among major trade partners, purchases went up from  the EU (0.5 percent), mainly from Germany (2.5 percent), France (12.2 percent), and Italy (14.4 percent); China (5.9 percent); Hong Kong (67.4 percent), and Japan (14.9 percent). In contrast, purchases fell from the US (-1.3 percent) .
 
Considering full  2017, the trade surplus declined to CHF 34.84 billion from CHF 36.93 billion in the same period of 2016.
 


Swiss Customs Administration l Chusnul Ch Manan| chusnul@tradingeconomics.com
1/30/2018 8:54:39 AM



Calendar GMT Actual Previous Consensus TEForecast
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 CHF2.633B CHF2.333B CHF2.877B CHF3.2B
2018-01-30 07:00 AM Balance of Trade CHF2.632B CHF2.582B CHF2.748B CHF2.9B
2018-02-20 07:00 AM Balance of Trade CHF2.632B CHF2.78B CHF 2.6B
2018-03-20 07:00 AM Balance of Trade CHF 2.5B
2018-04-24 06:00 AM Balance of Trade CHF 2.5B


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2632.00 2582.00 4774.95 -1478.68 CHF million [+]
Exports 17113.00 20504.00 20504.00 245.90 CHF million [+]
Imports 14481.00 17922.00 17922.00 273.20 CHF million [+]
Current Account 13029.77 18722.38 25353.43 -2766.94 CHF Million [+]
Current Account to GDP 11.00 11.50 14.80 -0.60 percent [+]
External Debt 1755869.00 1712708.00 1755869.00 13293.30 CHF Million [+]
Terms of Trade 119.83 109.46 119.83 74.27 Index Points [+]
Capital Flows 5130.76 18494.10 44260.29 -53637.28 CHF Million [+]
Foreign Direct Investment 965478.00 842197.00 965478.00 20958.90 CHF Million [+]
Tourist Arrivals 1076.00 1554.00 2138.00 600.00 Thousand [+]
Gold Reserves 1040.00 1039.99 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.27 0.29 2.03 0.13 [+]
Tourism Revenues 4942.59 4175.95 4942.59 999.10 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

In 2017, the Swiss trade surplus narrowed 6 percent from the previous year to CHF 34.8 billion, as imports advanced by 6.9 percent, the steepest increase since 2010 and exports rose by a slower 4.7 percent to a new record high. Aside from the improved economic situation worldwide, the weakening of the Swiss franc and price trends played a decisive role in both directions of trade. The biggest trade surpluses were recorded with the US, the UK, Hong Kong, Japan, Belgium, South Korea and Singapore; and the largest deficits were recorded with Germany, Ireland, Italy, China, Austria and France. 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2632.00 2582.00 4774.95 -1478.68 1950 - 2017 CHF million Monthly




balance of trade by Country
Country Last
Australia -1358.00 Dec/17
Brazil 2768.44 Jan/18
Canada -3186.30 Dec/17
China 203.40 Jan/18
Euro Area 25414.60 Dec/17
France -3468.00 Dec/17
Germany 18226.00 Dec/17
India -16298.47 Jan/18
Indonesia -676.90 Jan/18
Italy 5253.08 Dec/17
Japan -943.42 Jan/18
Mexico -156.97 Dec/17
Netherlands 4104.00 Dec/17
Russia 13700.00 Dec/17
South Korea 3700.00 Jan/18
Spain -1621000.00 Nov/17
Switzerland 2632.00 Dec/17
Turkey -9206.19 Dec/17
United Kingdom -4896.00 Dec/17
United States -53118.00 Dec/17


Related

Latest