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

Switzerland recorded a trade surplus of 3741 CHF million in July of 2015. Balance of Trade in Switzerland averaged 102.03 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
3741.00 3509.00 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 29, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-18 07:00 AM May SF3.43B SF2.66B(R) 2.7B
2015-07-21 07:00 AM Jun SF3.578B SF3.409B(R) 2.1B
2015-08-20 07:00 AM Jul SF3.74B SF3.51B (R) 3B
2015-09-18 07:00 AM Aug SF3.74B 2.9B
2015-10-21 07:00 AM Sep 3.5B
2015-11-20 07:00 AM Oct 3.2B


Switzerland Trade Surplus Narrows in July


Switzerland trade surplus decreased to SF3.74 billion in July of 2015 from SF3.89 billion a year earlier, as imports fell more than exports.

In July, exports  declined by 7.4 percent to SF17.93 billion, following a SF 17.92 billion in June 2015. Sales decreased for most of goods except costume & jewelry and textiles, clothing and footwear. Outbond shipments of chemical and pharmaceutical industry dropped by 5.9 percent), machinery and electronic industry (-12.4 percent), machinery industry (-11.8 percent), electrical engineering and electronics (-13.7 percent), watchmaking (-9.3 percent), precision instruments (-3.8 percent), metallurgy (-8.8 percent), food and beverage (-9.5 percent), vehicles (-18.5 percent), plastics industry (-10.4 percent) and paper and graphic arts (-7.7 percent). In contrast, export increased by 6.0 percent for costume & jewelry and by 0.7 percent for textiles, clothing and footwear.

Sales fell to: Europe (-8.3 percent), the EU countries (-7.1 percent), Russia (-42.6 percent), Asia (-14.9 percent), Middle East (-17.2 percent) and Latin America (-8.5 percent). In contrast, outbond shipments rose to: North America (+4.5 percent; including to the US rising 7.9 percent), Africa (+25.1 percent) and Oceania (+1.8 percent) 

Imports dropped by 8.3 percent to CHF 14.19 billion, after registering SF 14.41 billion a month earlier. Purchases fell for all categories:  energy sources (-33.3 percent, including crude oils and basic products by -68.1 percent and fuels by -17.1 percent). Imports of consumer goods declined by 3.4 percent, capital goods (-5.9 percent) and raw materials (-13.3 percent.

In June, Switzerland registered a revised SF3.51 billion trade surplus.

From January to July 2015, exports dropped by 3.3 percent and imports declined by 7.4 percent. The trade balance during the period was recorded a surplus SF21.29 billion.

Swiss Customs Administration l Rida Husna l rida@tradingeconomics.com
8/20/2015 8:08:19 AM


Recent Releases

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.
Published on 2015-07-21

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 Last Previous Highest Lowest Unit
Balance of Trade 3741.00 3509.00 3894.91 -1478.68 CHF million [+]
Exports 17929.24 17921.20 19778.73 245.90 CHF million [+]
Imports 14188.29 14412.10 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 112.26 113.85 115.96 74.27 Index Points [+]
Foreign Direct Investment 688084.40 671551.30 688084.40 20958.90 CHF million [+]
Tourist Arrivals 1677.00 1420.00 2056.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1040.00 Tonnes [+]
Capital Flows 20198.85 23507.29 63048.63 -52499.66 CHF Million [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2933.00 Jun/15 -2677.00 2254.00 -4156.00 AUD Million [+]
Brazil 2379.00 Jul/15 4527.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 7760.00 Jul/15 9980.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -6205.89 Jun/15 -6753.00 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]