The trade surplus in Switzerland declined to CHF 2.0 billion in May of 2022 from a downwardly revised CHF 3.6 billion in April. Exports were up 1.2% from a month earlier to CHF 21.9 billion, boosted by sales of machinery and electronic; food, drinks and tobacco; watches; jewellery, precision instruments, and metals. Sales increased to Asia (12.4%), mainly China (47.4%), Japan (3.5%), and Singapore (3.6%). Conversely, sales declined to Europe (-1%). Meanwhile, imports rose at a faster 10.3% to a record high of CHF 19.8 billion, namely chemicals and pharmaceuticals; vehicles; machinery and electronics; metals; vehicles; and textiles and clothing. In contrast, purchases fell for energy. Imports grew from Europe (13.0%), namely Germany (8.0%), Italy (4.3%), French (6.8%), and Asia (10.0%), namely China (3.9%), Japan (1.6%). source: Federal Customs Administration

Balance of Trade in Switzerland averaged 218.61 CHF Million from 1950 until 2022, reaching an all time high of 5545.61 CHF Million in February of 2022 and a record low of -1452.84 CHF Million in January of 1990. 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 June of 2022.

Balance of Trade in Switzerland is expected to be 3910.00 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 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
2022-05-31 06:00 AM Apr CHF3.8B CHF1.8B CHF2.2B
2022-06-21 06:00 AM May CHF2.0B CHF3.6B CHF2.7B
2022-07-19 06:00 AM Jun CHF2.0B CHF 3.9B


Related Last Previous Unit Reference
Balance of Trade 2023.00 3611.00 CHF Million May 2022
Imports 19839.00 17994.00 CHF million May 2022
Exports 21867.00 21605.00 CHF million May 2022
Terms of Trade 112.47 110.14 points Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2023.00 3611.00 5464.00 -1452.84 1950 - 2022 CHF Million Monthly
SA

News Stream
Swiss Trade Surplus Narrows in May
The trade surplus in Switzerland declined to CHF 2.0 billion in May of 2022 from a downwardly revised CHF 3.6 billion in April. Exports were up 1.2% from a month earlier to CHF 21.9 billion, boosted by sales of machinery and electronic; food, drinks and tobacco; watches; jewellery, precision instruments, and metals. Sales increased to Asia (12.4%), mainly China (47.4%), Japan (3.5%), and Singapore (3.6%). Conversely, sales declined to Europe (-1%). Meanwhile, imports grew at a faster 10.3% to a record high of CHF 19.8 billion, namely chemicals and pharmaceuticals; vehicles; machinery and electronics; metals; vehicles; and textiles and clothing. In contrast, purchases fell for energy. Imports were up from Europe (13.0%), namely Germany (8.0%), Italy (4.3%), French (6.8%), and Asia (10.0%), namely China (3.9%), Japan (1.6%).
2022-06-21
Switzerland Trade Surplus at 4-Month High
The trade surplus in Switzerland widened to a four-month high of CHF 3.8 billion in April of 2022 from CHF 1.8 billion in March. Exports were up 2.5% to CHF 21.6 billion, boosted by sales of chemicals, pharmaceuticals, machinery, electronic, food, drinks and tobacco and metals. In contrast, sales fell for watches and jewellery. Sales to Europe rebounded (7.3%), namely to Spain, Slovenia and Germany, while sales to Asia (-5.6%) and specially to China declined. Meanwhile, imports went down 7.7% to CHF 17.8 billion, namely chemicals and pharmaceuticals, vehicles and energy due to a fall in prices. On the other hand, purchases rose for machinery, electronics, textiles and clothing. Imports fell from Europe (-13.6%), namely Russia (-25.3%) and Asia (-0.8%), namely South Korea (-46.6%).
2022-05-31
Switzerland Trade Surplus Smallest in 31 Months
Switzerland's trade surplus dropped to CHF 1.8 billion in March 2022 from a downwardly revised all-time high of CHF 5.5 billion in the prior month. It was the smallest trade surplus since August 2019, due to a weakening global demand, amid Russia's invasion of Ukraine. Exports plunged 12.3% month over month, dragged down by sales of chemicals and pharmaceutical products (-21.6%), machines and electronics (-4.7), and vehicles (-7.2%). Among major trade partners, exports fell to Germany (-6.3%), Italy (-4.1%), France (-6.7%), the UK (-19.9%), the US (-18.9%), China (-16.6%), Japan (-15.5%). Meanwhile, imports grew by 4.4% on higher purchases of chemicals and pharmaceutical products (9.6%), energy products (18.4%), and metals (0.6%). Imports rose from Germany (12.2%), Italy (1.2%), France (2.7%), China (1.8%), Japan (6.5%) but declined from the UK (-8.2%), the US (-2.9%). For the first quarter of 2022, the trade surplus narrowed to CHF 8.7 billion from CHF 11.1 billion in Q1 2021.
2022-04-26