Switzerland's trade surplus edged up to CHF 4.4 billion in October 2021 from CHF 4.3 billion in the previous month. Exports dropped 1.4 percent month-on-month, dragged down by sales of chemicals and pharmaceutical products (-2.8%), precision instruments (-2.4%) and vehicles (-12.7%). Among major trade partners, exports were down to the UK (-8.6%), China (-3.4%), Japan (-0.4%), and the US (-10.5%), but increased to the EU (3.7%). Meanwhile, imports fell at a faster 2.3 percent to a three-month low on lower purchases of chemicals and pharmaceutical products (-11.4%), food and beverages (-2.0%), vehicles (-9.4%) and plastics (-0.3%). Imports declined from the EU (-4.4%), Japan (-13.9%), and Singapore (-15.2%) but increased from China (4.1%), the US (6.4%), and the UK (5.2%). Considering the first ten months of the year, the trade surplus widened to CHF 40.6 billion from CHF 28.3 billion in the same period a year earlier. source: Federal Customs Administration

Balance of Trade in Switzerland averaged 193.50 CHF Million from 1950 until 2021, reaching an all time high of 4556 CHF Million in August 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 December of 2021.

Balance of Trade in Switzerland is expected to be 4000.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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


Calendar GMT Actual Previous Consensus TEForecast
2021-10-19 06:00 AM Sep CHF4.4B CHF4.6B CHF 4.1B
2021-11-18 07:00 AM Oct CHF4.4B CHF4.3B CHF4B
2021-12-21 07:00 AM Nov CHF4.4B


Related Last Previous Unit Reference
Balance of Trade 4409.00 4328.00 CHF Million Oct/21
Imports 16416.00 16804.00 CHF million Oct/21
Exports 20825.00 21132.00 CHF million Oct/21
Terms of Trade 110.51 118.25 points Oct/21

News Stream
Switzerland Trade Surplus Widens in October
Switzerland's trade surplus edged up to CHF 4.4 billion in October 2021 from CHF 4.3 billion in the previous month. Exports dropped 1.4 percent month-on-month, dragged down by sales of chemicals and pharmaceutical products (-2.8%), precision instruments (-2.4%) and vehicles (-12.7%). Among major trade partners, exports were down to the UK (-8.6%), China (-3.4%), Japan (-0.4%), and the US (-10.5%), but increased to the EU (3.7%). Meanwhile, imports fell at a faster 2.3 percent to a three-month low on lower purchases of chemicals and pharmaceutical products (-11.4%), food and beverages (-2.0%), vehicles (-9.4%) and plastics (-0.3%). Imports declined from the EU (-4.4%), Japan (-13.9%), and Singapore (-15.2%) but increased from China (4.1%), the US (6.4%), and the UK (5.2%). Considering the first ten months of the year, the trade surplus widened to CHF 40.6 billion from CHF 28.3 billion in the same period a year earlier.
2021-11-18
Swiss Trade Surplus Narrows in September
Switzerland's trade surplus narrowed to CHF 4.4 billion in September 2021, from an all-time high of CHF 4.6 billion in the previous month. Exports dropped 0.2 percent from August's record, dragged down by sales of chemicals and pharmaceutical products (-1.4 percent), machines and electronics (-2.7 percent) and metals (-0.5 percent). Among major trade partners, exports were down to the EU (-0.4 percent) and the US (-22.2 percent), but increased to China (8.8 percent). Meanwhile, imports rose 0.9 percent to a five-month high on higher purchases of chemicals and pharmaceutical products (5.2 percent), machines and electronics (0.4 percent), and vehicles (1.4 percent). Imports were up from the EU (2.8 percent) and China (2.8 percent) but decreased from the US (-2.7 percent). Considering the first nine months of the year, the trade surplus widened to CHF 36.3 billion from CHF 25.3 billion in the same period a year earlier.
2021-10-19
Switzerland Trade Surplus Hits New High
Switzerland's trade surplus widened to a fresh record high of CHF 4.5 billion in August 2021 from an upwardly revised CHF 4.2 billion in the previous month, as exports rose more than imports, amid improving global demand. Exports grew 2.1 percent month-on-month to an all-time high of CHF 20.9 billion, boosted by sales of pharmaceutical products (7.7 percent) and machines and electronics (1.8 percent). Among major trade partners, exports were up to the UK (1.3 percent); the US (51.2 percent); Japan (37.2 percent), but declined to the EU (-1.3 percent), China (-7.8 percent). Meanwhile, imports were up 1.2 percent from a month earlier to CHF 16.4 billion on higher purchases of vehicles (0.3 percent); metals (0.2 percent), and textile (3.1 percent). Imports advanced from the UK (2.5 percent) and China (3.0 percent), but decreased from Japan (-1.7 percent), the US (-6.0 percent) and the EU (-3.1 percent).
2021-09-21

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.