Switzerland Balance of Trade 1950-2015 | Data | Chart | Calendar

Switzerland recorded a trade surplus of 3578.49 CHF million in June of 2015. Balance of Trade in Switzerland averaged 97.49 CHF million from 1950 until 2015, reaching an all time high of 3894.91 CHF million in July of 2014 and a record low of -1478.68 CHF million in August of 1989. Balance of Trade in Switzerland is reported by the Swiss Customs Administration.

Switzerland Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
3578.49 3408.61 3894.91 -1478.68 1950 - 2015 CHF million Monthly
Trade has been the key to prosperity in Switzerland. Switzerland's annual trade balance is habitually in arrears, owing to the economy's reliance on large quantities of imported raw materials for industry. Swiss main exports are: medicinal and pharmaceutical products, watches and clocks, machinery for special industry and tools. The country imports mostly machinery, chemicals, vehicles, metals; agricultural products and textiles. European Union is by far its largest trading partner accounting for about 62% of exports and 79% of imports. 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. Content for - Switzerland Balance of Trade - was last refreshed on Saturday, August 1, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-28 07:00 AM Apr CHF 2.85B CHF 2.49B (R) CHF 2.77B CHF 2B
2015-06-18 07:00 AM May CHF3.43B CHF 2.66B (R) CHF 2.7B
2015-07-21 07:00 AM Jun CHF 3.578B CHF3.409B (R) CHF 2.1B
2015-08-21 07:00 AM Jul CHF 3.58B CHF 2.8B
2015-09-18 07:00 AM Aug CHF 2.4B
2015-10-21 07:00 AM Sep CHF 2.6B


Switzerland Trade Surplus Widens in June


Switzerland trade surplus increased to CHF 3.58 billion in June of 2015 from CHF 1.39 billion a year earlier, as exports rose 5.9 percent while imports fell 7.7 percent.

Exports expanded to CHF 17.91 billion from CHF 16.92 billion in June 2014, as sales increased for most of goods except plastics industry and paper and graphic arts. Outbond shipments of chemicals and pharmaceutical industry increased by 10.3 percent and machinery and electronic industry sales grew 0.6 percent. Watchmaking exports went up 3.3 percent; precision instruments increased by 4.4 percent; metallurgy sales expanded 1.6 percent; food, luxury items and vehicles increased by 11.5 percent, 0.3 percent and 13.6 percent, respectively; Also, exports of textiles, clothing, footwear went up 10.9 percent. In contrast, sales of plastic products and paper and graphic arts goods declined 1.4 percent and 7.8 percent, each.

Sales to North America, Latin America, Europe and Africa countries increased by 29.1 percent, 17.4 percent, 3.2 percent and 2.7 percent, respectively. While those to Oceania and Asia countries declined 3.1 percent and 0.1 percent, each.

Imports shrank to CHF 14.33 billion from CHF 15.53 billion a year earlier. Purchases fell for all categories:  energy sources (-32 percent, including crude oils and basic products by -97 percent and fuels by -21.3 percent). Imports of consumer goods declined by 10.9 percent, capital goods by 12.5 percent and raw materials by 2.3 percent.

During the first half 2015, exports (-2.6 percent) and imports (-7.4 percent) have moved below their levels of last year. The balance of trade balance rose to CHF 17.7 billion.

Swiss Customs Administration l joana.ferreira@tradingeconomics.com
7/21/2015 9:35:25 AM


Recent Releases

Switzerland Trade Surplus at 6-Month High
Switzerland trade surplus increased to CHF3.43 billion in May of 2015 from CHF2.87 billion a year earlier and beating market forecasts. It is the largest surplus since November last year, as imports fell more than exports.
Published on 2015-06-18

Switzerland Trade Surplus Widens in April
Switzerland trade surplus increased to CHF2.86 billion in April of 2015 from CHF2.55 billion a year earlier and beating market forecasts, as imports fell more than exports.
Published on 2015-05-28

Switzerland Trade Surplus Increases in March
Switzerland trade surplus widened to CHF 2.52 billion in March of 2015 from CHF 2.07 billion a year earlier as exports grew more than imports.
Published on 2015-04-23

Switzerland Trade Surplus Widens in February
Switzerland trade surplus increased slightly to CHF 2.47 billion in February of 2015 from CHF 2.36 billion a year earlier as imports declined more than exports.
Published on 2015-03-19


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 3578.49 3408.61 3894.91 -1478.68 CHF million [+]
Exports 17911.64 15489.67 19778.73 245.90 CHF million [+]
Imports 14333.15 12081.06 17348.96 273.20 CHF million [+]
Current Account 13741.68 17343.31 28384.74 -7228.00 CHF million [+]
Current Account to GDP 7.00 12.70 15.60 -0.60 percent [+]
External Debt 102536.70 102689.00 102689.00 13136.80 CHF Million [+]
Terms of Trade 113.85 103.71 115.96 74.27 Index Points [+]
Foreign Direct Investment 688084.40 671551.30 688084.40 20958.90 CHF million [+]
Tourist Arrivals 1420.00 1159.00 2056.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1040.00 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 13700.00 Jun/15 15309.00 20356.00 -185.00 USD Million [+]
South Korea 7760.00 Jul/15 9980.00 9980.00 -4043.45 USD Million [+]
Spain -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6205.89 Jun/15 -6753.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]