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

The Swiss trade surplus widened to CHF 2.80 billion in April 2018 from a marginally revised CHF 2.25 billion in the previous month and beating market expectations of a CHF 2.23 billion surplus. 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 Widens in April


The Swiss trade surplus widened to CHF 2.80 billion in April 2018 from a marginally revised CHF 2.25 billion in the previous month and beating market expectations of a CHF 2.23 billion surplus.

Exports edged down 0.2 percent to CHF 19.36 billion in April, as a steep decline in sales of chemical and pharmaceutical products (-3.6 percent) was partially offset by increases in exports of machinery and electronics (3.3 percent), watchmaking (2.1 percent), precision instruments (0.7 percent), metals (0.5 percent), and jewelery and bijouterie (13.6 percent).
 
Among major trade partners, exports dropped to the UK (-0.8 percent), Singapore (-23.5 percent), Canada (-20.3 percent) and Australia (-31.7 percent), but increased to China (0.2 percent), Japan (1.8 percent) and Hong Kong (11.1 percent); the EU (0.1 percent), mainly to Germany (2.9 percent), Italy (8.3 percent) and France (5.8 percent); and the US (4.3 percent).
 
Imports slumped 3.4 percent to CHF 16.56 billion in April, dragged by lower purchases of: chemical and pharmaceutical products (-16.6 percent); machinery and electronics (-0.2 percent); and vehicles (-17.2 percent). In contrast, imports went up for: jewelery and bijouterie (17.7 percent); metals (1.3 percent); and textiles, clothing, footwear (8.6 percent).
 
Among major trade partners, imports from the EU went down 4.2 percent, in particular from the UK (-22.6 percent), Germany (-0.3 percent), Italy (-2.7 percent) and France (-6.5 percent). Also, imports from the US declined 28.2 percent, while those from China and Singapore increased 8.4 percent and 46.5 percent respectively.
 
Considering the first four months of 2018, the trade surplus narrowed sharply to CHF 9.42 billion from CHF 13.15 billion surplus in the same period of 2017.


Swiss Customs Administration | Chusnul Ch Manan | chusnul@tradingeconomics.com
5/29/2018 10:02:18 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-20 07:00 AM Balance of Trade CHF3.2B CHF1.1B CHF2.641B CHF2.2B
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 CHF2.80B CHF3.2B
2018-07-19 06:00 AM Balance of Trade CHF 3B
2018-08-21 06:00 AM Balance of Trade


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2798.79 2248.09 4241.40 -1478.68 CHF million [+]
Exports 19358.57 19393.33 19800.55 245.90 CHF million [+]
Imports 16559.79 17145.24 17922.55 273.20 CHF million [+]
Current Account 19679.42 13307.09 25353.43 -2766.94 CHF Million [+]
Current Account to GDP 9.80 9.40 14.80 -0.60 percent [+]
External Debt 1796783.40 1755869.00 1796783.40 13293.30 CHF Million [+]
Terms of Trade 118.08 113.52 121.41 74.27 Index Points [+]
Capital Flows 578.27 -147.62 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 3677.75 4971.77 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2798.79 2248.09 4241.40 -1478.68 1950 - 2018 CHF million Monthly
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balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2798.79 Apr/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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