Switzerland's trade surplus widened to CHF 8.1 billion in July 2026 from CHF 3.8 billion in the previous month, marking the largest surplus since records began in January 1950. Exports jumped 13.8% month-on-month to a more than one-year high of CHF 27.8 billion, driven by a sharp rebound in chemical and pharmaceutical products (25.7%) and a second consecutive monthly increase in watch exports (5.8%). Shipments to Europe surged 22.9%, led by strong growth in exports to Slovenia (127.5%), Italy (25.5%), and Germany (6.7%). However, exports to North America retreated 3%, with sales to the US and Canada falling 1.8% and 15.1%, respectively. Meanwhile, imports fell 4.5% from a month earlier to a three-month low of CHF 19.6 billion, weighed down by declines in chemical and pharmaceutical products (-10.2%) and vehicles (-6%). By region, imports from Europe decreased 3.4%, while purchases from Asia and Central and South America fell 3.4% and 8.4%, respectively. source: Federal Customs Administration

Switzerland recorded a trade surplus of 8141 CHF Million in July of 2026. Balance of Trade in Switzerland averaged 409.10 CHF Million from 1950 until 2026, reaching an all time high of 8141.00 CHF Million in July of 2026 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 September of 2026.

Switzerland recorded a trade surplus of 8141 CHF Million in July of 2026. Balance of Trade in Switzerland is expected to be 4900.00 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 4400.00 CHF Million in 2027 and 3700.00 CHF Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-21 06:00 AM
Balance of Trade
Jun CHF3.8B CHF5.5B CHF 3.9B
2026-08-20 06:00 AM
Balance of Trade
Jul CHF8.1B CHF3.8B CHF4.1B
2026-09-17 06:00 AM
Balance of Trade
Aug CHF8.1B CHF7.5B


Related Last Previous Unit Reference
Balance of Trade 8141.00 3834.00 CHF Million Jul 2026
Exports 27790.00 24411.00 CHF million Jul 2026
Imports 19649.00 20576.00 CHF million Jul 2026
Terms of Trade 98.10 97.30 points Jul 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
8141.00 3834.00 8141.00 -1452.80 1950 - 2026 CHF Million Monthly
SA

News Stream
Swiss Trade Surplus Hit Record Peak
Switzerland's trade surplus widened to CHF 8.1 billion in July 2026 from CHF 3.8 billion in the previous month, marking the largest surplus since records began in January 1950. Exports jumped 13.8% month-on-month to a more than one-year high of CHF 27.8 billion, driven by a sharp rebound in chemical and pharmaceutical products (25.7%) and a second consecutive monthly increase in watch exports (5.8%). Shipments to Europe surged 22.9%, led by strong growth in exports to Slovenia (127.5%), Italy (25.5%), and Germany (6.7%). However, exports to North America retreated 3%, with sales to the US and Canada falling 1.8% and 15.1%, respectively. Meanwhile, imports fell 4.5% from a month earlier to a three-month low of CHF 19.6 billion, weighed down by declines in chemical and pharmaceutical products (-10.2%) and vehicles (-6%). By region, imports from Europe decreased 3.4%, while purchases from Asia and Central and South America fell 3.4% and 8.4%, respectively.
2026-08-20
Swiss Trade Surplus Narrows in June
Switzerland’s trade surplus narrowed to CHF 3.8 billion in June 2026 from a downwardly revised CHF 5.5 billion in the previous month. Exports fell 4.3% year-on-year to CHF 24.3 billion, weighed down by lower sales of chemical and pharmaceutical products (-8.5%), machinery, electronics, and appliances (-0.3%), electricity (-6.9%), and textiles, clothing, and footwear (-1.6%). Exports to Europe declined 9.4%, with notable decreases in shipments to Slovenia (-27.8%), Belgium (-20.7%), and France (-5.1%), while exports to North America rose 9.2%, led by Canada (+18.4%) and the US (+8.6%). Meanwhile, imports increased 3.3% to CHF 20.5 billion, driven largely by higher purchases of chemical and pharmaceutical products (+10.7%), energy carriers (+1.3%), and paper and cardboard products (+2.0%). By region, imports from Asia rose 7.3%, supported by stronger inflows from the UAE (+32.5%), Hong Kong (+13.1%), Saudi Arabia (+36.9%), and Singapore (+15.1%).
2026-07-21
Swiss Trade Surplus Widens to Over 1-Year High
Switzerland’s trade surplus widened sharply to CHF 5.6 billion in May 2026 from an upwardly revised CHF 3.3 billion in the previous month, marking the largest surplus since April 2025. Exports climbed 13.4% month-on-month to a more than one-year high of CHF 25.4 billion, driven mainly by chemical and pharmaceutical products (25.7%) and jewellery and precious metal goods (14.7%), despite a 4% decline in watch. Exports to Europe rose the most, up 18.5%, with shipments to Slovenia more than doubling (111.8%), while exports to North America increased 10.3%, led by the US (11.5%). Meanwhile, imports rose 3.4% from a month earlier to a three-month high of CHF 19.8 billion, led by higher purchases of chemical and pharmaceutical products (11.7%) and machinery, electronics and equipment (1.1%). By region, imports increased from Europe (5.9%) and the US (11.2%). In contrast, imports declined from Asia (-2.6%), led by China (-4.3%), Japan (-19.6%), and Hong Kong (-24.4%).
2026-06-18