Switzerland Balance of Trade  1950-2016 | Data | Chart | Calendar

Switzerland trade surplus increased to CHF3.79 billion in May of 2016 from CHF3.39 billion a year earlier as exports rose slightly more than imports. Year-on-year, exports increased 11.2 percent to CHF17.25 billion while imports went up 11 percent to CHF13.47 billion. In April 2016, trade surplus was marginally revised to CHF2.50 billion. Balance of Trade in Switzerland averaged 139.10 CHF million from 1950 until 2016, reaching an all time high of 4014.24 CHF million in October of 2015 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
3785.97 2508.36 4014.24 -1478.68 1950 - 2016 CHF million Monthly
Since 2001 Switzerland has been reporting trade surpluses due to strong exports growth. Swiss main exports are: chemical and pharmaceutical products, electronics, watches and precision instruments. The country imports mostly machinery, pharmaceutical, chemicals, vehicles and metals. European Union is its largest trading partner, accounting for about 56% of exports and 74% of imports follows by the United States and China. 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-21 06:00 AM Mar CHF2.16B CHF4.02B CHF 3B
2016-05-24 06:00 AM Apr CHF2.50B CHF2.18B CHF 2.8B
2016-06-21 06:00 AM May CHF3.79B CHF2.50B CHF 2.88B CHF 3.2B
2016-07-21 06:00 AM Jun CHF3.79B 3.1B
2016-08-23 06:00 AM Jul 2.9B
2016-09-20 06:00 AM Aug 3.1B

Switzerland Trade Surplus Widens Slightly in May


Switzerland trade surplus came in at CHF3.79 billion in May of 2016, up from CHF3.39 billion a year earlier and beating market expectations. It was the largest trade surplus since March, as exports rose slightly more than imports.

Exports from Switzerland rose 11.2 percent year-on-year to CHF17.25 billion in May of 2016. Sales increased for chemicals and pharmaceuticals (29.1 percent); precision instruments (10.2 percent); jewelry and bijouterie (2.1 percent); metals (6.1 percent); food & beverages (16.3 percent); textiles, clothing, footwear (11.7 percent); plastics (5.7 percent) and paper and graphic products (1.6 percent). In contrast, shipments fell for machinery and electronics (-1.9 percent); watches (-9.7 percent) and vehicles (-24.8 percent). Among major trade partners, exports to the Eurozone went up 10.7 percent and to other EU countries sales rose 12.5 percent. In addition, exports to the United States jumped 52.1 percent. 

Imports to Switzerland went up 11 percent year-on-year to CHF13.47 billion in May of 2016, mainly driven by chemicals and pharmaceuticals (34.7 percent); machinery and electronics (8.8 percent); metals (4.7 percent); food & beverages (12.6 percent); textiles, clothing, footwear (17.5 percent); precision instruments (8.5 percent); plastics (16.5 percent); watches (0.5 percent) and paper and graphic art products (11.9 percent). Among trading partners, imports from the Eurozone grew 8.7 percent and from other EU countries were up 12.3 percent.

In April 2016, trade surplus was marginally revised to CHF2.50 billion. 



Swiss Customs Administration l Rida Husna | rida@tradingeconomics.com
6/21/2016 12:32:10 PM

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 3785.97 2508.36 4014.24 -1478.68 CHF million [+]
Exports 17252.00 17985.00 19778.73 245.90 CHF million [+]
Imports 13466.00 15482.00 17348.96 273.20 CHF million [+]
Current Account 9898.35 15908.22 25252.92 -2680.96 CHF Million [+]
Current Account to GDP 11.00 9.00 15.60 -0.60 percent [+]
External Debt 118233.10 141988.10 141988.10 13136.80 CHF Million [+]
Terms of Trade 118.18 114.26 118.18 74.27 Index Points [+]
Capital Flows 18012.91 6460.36 44515.93 -53434.44 CHF Million [+]
Foreign Direct Investment 755784.60 697722.60 755784.60 20958.90 CHF Million [+]
Tourist Arrivals 1677.00 1420.00 2056.00 600.00 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 1.35 2.03 2.03 0.13 [+]
Tourism Revenues 3777.64 3428.95 4656.07 2179.85 CHF Million [+]




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