Imports to Switzerland fell 1.8 percent from a month earlier to CHF 14.9 billion in August 2020. Purchases declined for chemical & pharmaceutical products (-14.4 percent), machines & electronics (-1.5 percent), vehicles (-3.7 percent), precision instruments (-4.9 percent), and textiles and footwear (-4.7 percent). Imports were down from the Euro Area (-5.9 percent), China (-8.0 percent), Singapore (-22.4 percent), but were up from the UK (3.5 percent), Japan (9.7 percent), the US (4.3 percent).
Imports in Switzerland averaged 6680.98 CHF million from 1950 until 2020, reaching an all time high of 17737.42 CHF million in June of 2018 and a record low of 273.20 CHF million in February of 1950. This page provides - Switzerland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Imports - values, historical data and charts - was last updated on September of 2020.
Imports in Switzerland is expected to be 14180.00 CHF million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Switzerland to stand at 18500.00 in 12 months time. In the long-term, the Switzerland Imports is projected to trend around 18420.00 CHF million in 2021 and 21520.00 CHF million in 2022, according to our econometric models.