Switzerland Balance of Trade  1950-2017 | Data | Chart | Calendar

Switzerland trade surplus rose to CHF 3.10 billion in March of 2017 from CHF 2.08 billion a year earlier and above market expectations of CHF 3.01 billion, as exports increased more than imports. Year-on-year, sales went up by 10.2 percent to CHF 19.60 billion while purchases rose 5.0 percent to CHF 16.50 billion. In February 2017, trade surplus was recorded CHF 3.12 billion. Considering the first three months of 2017 the trade surplus was recorded CHF 11 billion. Balance of Trade in Switzerland averaged 177.37 CHF million from 1950 until 2017, reaching an all time high of 4767.22 CHF million in January of 2017 and a record low of -1478.68 CHF million in August of 1989.

Switzerland Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-21 07:00 AM Jan CHF4.7B CHF2.7B CHF3.03B CHF 3.2B
2017-03-21 07:00 AM Feb CHF3.1B CHF4.8B CHF3.85B CHF4.2B
2017-04-27 06:00 AM Mar CHF3.1B CHF3.1B CHF3.01B CHF2.2B
2017-05-23 06:00 AM Apr CHF3.1B
2017-06-22 06:00 AM May
2017-07-20 06:00 AM Jun




Switzerland Trade Surplus Widens In March


Switzerland trade surplus rose to CHF 3.10 billion in March of 2017 from CHF 2.08 billion a year earlier and above market expectations of CHF 3.01 billion, as exports increased more than imports. Considering the first three months of 2017 the trade surplus was recorded CHF 11 billion.

Year-on-year, sales went up by 10.2 percent to CHF 19.60 billion, driven by metals (21.8 percent), textiles, clothing and footwear (32.9 percent), pharmaceuticals (12.2 percent), machinery and electronics (6.4 percent), watches (7.6 percent), precision instruments (13.4 percent), jewelry and bijouterie (4.9 percent), food, beverages and tobacco (1.1 percent), plasticts (5.4 percent), and paper and graphic products (4.0 percent). In contrast, exports decreased for: vehicles (-11.2 percent).
 
Among major trade partners, sales increased to: the EU countries (13.7 percent), Japan (20.1 percent), Hong Kong (17.0 percent), the US (11.1 percent), South Africa (38.5 percent), China (25.0 percent), Singapore (5.5 percent), South Korea (19.5 percent), India (9.0 percent), and Australia (0.7 percent).
 
In contrast, sales went down to the Middle east (-20.5 percent), Indoenesia (-34.5 percent), Canada (-4.2 percent), Brazil (-8.8 percent), Nigeria (-50.5 percent), and Egypt (-4.8 percent).
 
Purchases rose 5.0 percent to CHF 16.50 billion, boosted by energy products (42.0 percent), machinery and electronic (10.5 percent), metals (12.3 percent), textiles, clothing and footwear (18.4 percent), watches (10.3 percent), plastic products (8.6 percent), food, beverages and tobacco (7.1 percent), chemicals and pharmaceuticals (0.7 percent), and paper and graphic products (0.4 percent). In contrast, import fell for: jewelry and bijouterie (-7.6 percent) and vehicles (-6.3 percent).
 
In February 2017, trade surplus was registered CHF 3.12 billion.
 
 
 
 
 
 
 

Swiss Customs Administration l Chusnul Ch Manan| chusnul@tradingeconomics.com
4/27/2017 8:38:10 AM



Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 3101.03 3121.43 4767.22 -1478.68 CHF million [+]
Exports 19596.27 17117.96 19778.73 245.90 CHF million [+]
Imports 16495.24 13996.53 17348.96 273.20 CHF million [+]
Current Account 22022.94 20619.00 25255.00 -2681.00 CHF Million [+]
Current Account to GDP 11.00 9.00 15.60 -0.60 percent [+]
External Debt 1721336.40 1672899.60 1721336.40 13293.30 CHF Million [+]
Terms of Trade 110.48 114.60 119.08 74.27 Index Points [+]
Capital Flows 18026.84 37370.73 44259.81 -53639.84 CHF Million [+]
Foreign Direct Investment 833192.60 770570.00 833192.60 20958.90 CHF Million [+]
Tourist Arrivals 1247.00 1179.00 2083.00 600.00 Thousand [+]
Gold Reserves 1039.99 1039.99 2590.18 1039.99 Tonnes [+]
Weapons Sales 369.00 342.00 589.00 18.00 USD Million [+]
Terrorism Index 0.29 1.35 2.03 0.13 [+]
Tourism Revenues 3447.52 4587.21 4725.41 2179.85 CHF Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Switzerland Balance of Trade Notes

Since 2001 Switzerland has been reporting trade surpluses due to strong exports growth. Swiss main exports are: chemical and pharmaceutical products, machines and electronics, watches and precision instruments. The country imports mostly chemical and pharmaceutical products, machines and electronics, vehicles and metals. Its largest trading partner is Germany, followed by the US, Italy, France, China and the UK. 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3101.03 3121.43 4767.22 -1478.68 1950 - 2017 CHF million Monthly



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Hungary 281000.00 Feb/17
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Kuwait 1693.00 Dec/16
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Laos -339.15 Jun/16
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Liechtenstein 343493.00 Dec/16
Lithuania -250.20 Feb/17
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Macau -5347600.00 Mar/17
Macedonia -142509.00 Feb/17
Madagascar 20810.00 Dec/16
Malawi -52012.50 Sep/16
Malaysia 8708.72 Feb/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
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Mexico -183.00 Mar/17
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Mongolia 189.40 Mar/17
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Morocco -11927.00 Feb/17
Mozambique 18.20 Dec/16
Myanmar -332.60 Jul/16
Namibia -10235.56 Dec/16
Nepal -65907.40 Sep/16
Netherlands 5585.00 Feb/17
New Caledonia -10978.00 Dec/16
New Zealand 332.00 Mar/17
Nicaragua -268.30 Dec/16
Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 22719.43 Mar/17
Oman 205.90 Nov/16
Pakistan -336061.00 Mar/17
Palestine -334.00 Feb/17
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Papua New Guinea 4593.00 Sep/16
Paraguay 118135.00 Mar/17
Peru 741.00 Feb/17
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Russia 10171.00 Feb/17
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