Switzerland's trade surplus widened to CHF 3.2 billion in April 2026 from a downwardly revised and more-than-two-year low of CHF 2.6 billion in the previous month. Exports edged up 0.1% month-over-month to a three-month high of CHF 22.3 billion, as the decline in chemical and pharmaceutical products (-3.1%) was offset by stronger shipments of machinery, electronics and equipment (5.5%) and watches (5%). By destination, exports to Asia climbed 9.8%, while shipments to North America surged 16.2%. However, exports to Europe slumped by 11.6%, with shipments to EU countries falling 12.3%. Meanwhile, imports dropped 3.0% month-over-month to CHF 19.0 billion, mainly due to lower purchases of chemical and pharmaceutical products (-16.2%) and food, feed, and beverages (-1.3%). By region, the decline was led by lower imports from Europe (-1.1%), while arrivals from North America (7%) and Asia (4.4%) posted growth. source: Federal Customs Administration

Switzerland recorded a trade surplus of 3222 CHF Million in April of 2026. Balance of Trade in Switzerland averaged 390.52 CHF Million from 1950 until 2026, reaching an all time high of 6191.10 CHF Million in April of 2025 and a record low of -1452.80 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 2026.

Switzerland recorded a trade surplus of 3222 CHF Million in April of 2026. Balance of Trade in Switzerland is expected to be 500.00 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 5500.00 CHF Million in 2027 and 2500.00 CHF Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-21 06:00 AM
Balance of Trade
Mar CHF2.7B CHF4.3B CHF 4.5B
2026-06-02 06:00 AM
Balance of Trade
Apr CHF3.2B CHF2.6B CHF 2.3B
2026-06-18 06:00 AM
Balance of Trade
May CHF3.2B


Related Last Previous Unit Reference
Balance of Trade 3222.00 2611.00 CHF Million Apr 2026
Exports 22270.00 22255.00 CHF million Apr 2026
Imports 19048.00 19644.00 CHF million Apr 2026
Terms of Trade 97.30 99.50 points Apr 2026


Switzerland Balance of Trade
Switzerland has been running consistent trade surpluses. The biggest trade surpluses are 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
3222.00 2611.00 6191.10 -1452.80 1950 - 2026 CHF Million Monthly
SA

News Stream
Swiss Trade Surplus Widens in April
Switzerland's trade surplus widened to CHF 3.2 billion in April 2026 from a downwardly revised and more-than-two-year low of CHF 2.6 billion in the previous month. Exports edged up 0.1% month-over-month to a three-month high of CHF 22.3 billion, as the decline in chemical and pharmaceutical products (-3.1%) was offset by stronger shipments of machinery, electronics and equipment (5.5%) and watches (5%). By destination, exports to Asia climbed 9.8%, while shipments to North America surged 16.2%. However, exports to Europe slumped by 11.6%, with shipments to EU countries falling 12.3%. Meanwhile, imports dropped 3.0% month-over-month to CHF 19.0 billion, mainly due to lower purchases of chemical and pharmaceutical products (-16.2%) and food, feed, and beverages (-1.3%). By region, the decline was led by lower imports from Europe (-1.1%), while arrivals from North America (7%) and Asia (4.4%) posted growth.
2026-06-02
Swiss Trade Surplus Smallest Since 2024
Switzerland’s trade surplus narrowed to CHF 2.7 billion in March 2026, from a downwardly revised six-month high of CHF 4.4 billion in the prior month. It marked the smallest surplus since February 2024, as imports climbed 10.1% month-on-month to a four-month high of CHF 19.6 billion, driven mainly by higher purchases of chemical and pharmaceutical products (36.1%) and machinery, electronics and equipment (1.6%). Imports rose the most from Europe (9.5%) and Asia (4.2%). Meanwhile, exports rose just 1% to CHF 22.4 billion, with watch shipments slipping 5.4% as the sector grappled with disruptions in the Middle East and persistently high precious metal costs. Regionally, exports to Europe (5.8%) and Asia (6.2%) increased, while shipments to North America dropped 16.2%, driven by a 15.9% fall in exports to the US after a strong 17.9% growth in February. For the Q1 2026, Switzerland recorded a trade surplus of CHF 110.95 billion, with exports falling 4.2% and imports declining 4.7%.
2026-04-21
Swiss Trade Surplus at 6-Month High
Switzerland’s trade surplus widened to CHF 4.4 billion in February 2026, from a downwardly revised CHF 3.5 billion in January, marking the largest surplus since August 2025. Exports fell 2.7% month-over-month to CHF 22.2 billion, with declines recorded in nine of the ten main product groups. The largest drops were in chemical and pharmaceutical products (-3.1%) and machinery, electronics, and equipment (-2.6%), while watch exports (1.3%) were the only segment showing growth and continuing a five-month upward trend. Regionally, exports to Europe (-3.5%) and Asia (-12%) declined, while exports to North America surged 19.4%, led by the US (21.2%). Meanwhile, imports dropped even more sharply, falling 8.3% month-on-month to CHF 17.8 billion, primarily weighed down by a 23.5% slump in chemical and pharmaceutical products. Imports contracted across all major regions, namely Europe (-10.4%), North America (-27.7%), and Asia (-8.9%).
2026-03-19