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

The Swiss trade surplus narrowed to CHF 2.26 billion in May 2018 from a marginally revised CHF 2.72 billion in the previous month, as exports were almost unchanged at CHF 19.56 billion while imports increased 3.1 percent to CHF 17.30 billion. Considering the first five months of 2018, the trade surplus narrowed sharply to CHF 11.6 billion from CHF 16 billion surplus in the same period of 2017. Balance of Trade in Switzerland averaged 215.83 CHF million from 1950 until 2018, reaching an all time high of 4241.40 CHF million in September of 2016 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 in May


The Swiss trade surplus narrowed to CHF 2.26 billion in May 2018 from a marginally revised CHF 2.72 billion in the previous month, as exports barely unchanged while imports increased.

Exports were almost unchanged at CHF 19.56 billion in May, as a slightly decline in sales of chemical and pharmaceutical products (-0.4 percent); machinery and electronics (-0.1 percent), watchmaking (-0.2 percent), precision instruments (-2.8 percent), metals (-0.7 percent) was offset by increases in exports of jewelry and bijouterie (1.7 percent).
 
Among major trade partners, exports rose 2.8 percent to the EU mainly to Italy (12.6 percent), Germany (0.8 percent), and France (7.3 percent); Japan (5 percent); Singapore (30.7 percent); Canada (9.4 percent), but dropped to China (-5.8 percent); Australia (-13.6 percent), and Hong Kong (-3.9 percent).
 
Imports rose 3.1 percent to CHF 17.30 billion in May, driven by higher purchases of chemical and pharmaceutical products (14.5 percent); vehicles (9.7 percent), and jewelry and bijouterie (1.6 percent). In contrast, imports went down for machinery and electronics (-1 percent); metals (-2 percent), and textiles, clothing, footwear (-0.7 percent).
 
Among major trade partners, imports from the EU went up 3.2 percent, namely Germany (1.3 percent), France (11.1 percent), and Netherlands (5 percent). Also, imports from the US increased 14 percent, while those from China and Japan fell 5.3 percent and 2.2 percent respectively.
 
Considering the first five months of 2018, the trade surplus narrowed sharply to CHF 11.6 billion from CHF 16 billion surplus in the same period of 2017.


Swiss Customs Administration l Chusnul Ch Manan | chusnul@tradingeconomics.com
6/21/2018 11:19:38 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-24 06:00 AM Balance of Trade CHF2.3B CHF3.18B CHF2.9B
2018-05-29 06:00 AM Balance of Trade CHF2.80B CHF2.25B CHF2.23B CHF2.8B
2018-06-21 06:00 AM Balance of Trade CHF2.26B CHF2.72B CHF3.2B
2018-07-19 06:00 AM Balance of Trade CHF2.26B CHF 3B
2018-08-21 06:00 AM Balance of Trade
2018-09-20 06:00 AM Balance of Trade


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2255.00 2717.00 4241.40 -1478.68 CHF million [+]
Exports 19559.00 19387.00 19800.55 245.90 CHF million [+]
Imports 17304.00 16670.00 17922.55 273.20 CHF million [+]
Current Account 18134.28 19679.42 25353.43 -2766.94 CHF Million [+]
Current Account to GDP 9.80 9.40 14.80 -0.60 percent [+]
External Debt 1829754.10 1796783.40 1829754.10 13293.30 CHF Million [+]
Terms of Trade 118.78 118.08 121.41 74.27 Index Points [+]
Capital Flows 11440.23 578.27 44260.29 -53637.28 CHF Million [+]
Foreign Direct Investment 965478.00 842197.00 965478.00 20958.90 CHF Million [+]
Tourist Arrivals 1513.00 1301.00 2145.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.27 0.29 2.03 0.13 [+]
Tourism Revenues 4067.59 3677.75 4971.77 999.10 CHF Million [+]
Weapons Sales 186.00 186.00 589.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2255.00 2717.00 4241.40 -1478.68 1950 - 2018 CHF million Monthly
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balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16704.70 Apr/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia -1523.60 May/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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