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

Switzerland recorded a trade surplus of 2856 CHF million in April of 2015. Balance of Trade in Switzerland averaged 89.08 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.

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Switzerland Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
2856.00 2497.00 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 - Switzerland Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Switzerland Balance of Trade - was last refreshed on Saturday, May 30, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-19 07:00 AM Feb CHF 2.47B CHF 3.4B 2.5B
2015-04-23 07:00 AM Mar CHF 2.52B CHF 2.31B (R) CHF 2.16B CHF 2.3B
2015-05-28 07:00 AM Apr CHF 2.85B CHF 2.49B (R) CHF 2.77B CHF 2B
2015-06-24 07:00 AM May CHF 2.85B 2.1B
2015-07-22 07:00 AM Jun 1.8B
2015-08-21 07:00 AM Jul 1.9B


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.

In April, exports declined by 5.1 percent year-on-year to CHF 16.29 billion, due to lower sales of  chemicals and pharmaceutical industry (-12.7 percent), including, pharmaceuticals, vitamin, diagnostics (-14.3 percent), medication (-16.7 percent), active pharmaceutical ingredients (-34.9 percent), raw materials and commdities (-5.6 percent), unshaped plastics (-11.8 percent) and essential oils & perfume (-10.8 percent). Lower outbond shipments were also seen for: machinery and electronic industry (-2.2 percent); engineering industries (-1.0 percent); electrical engineering and electronics (-4.5 percent); watchmaking (-0.8 percent); metallurgy (-3.5 percent); food and luxury items (-8.2 percent); plastics industry (-11.2 percent) and paper and graphic arts (-7.0 percent). In contrast, exports  increased for: precision instruments (+1.1 percent); rolling stock (+8.6 percent) and textiles, clothing and footwear (+2.6 percent).

Sales declined to the EU countries (-8.4 percent), the US (-5.2 percent), Hong Kong (-29.4 percent), Japan (-13.0 percent), the Middle East countries (-4.8 percent) and Africa (-31.1 percent). In contrast, outbound shipments increased to China (+22.0 percent), India (+21 percent), Taiwan (+171 percent) and Oceania (+8.1 percent).

Imports dropped by 8.1 percent year-on-year to CHF 13.44 billion. Purchases fell for all categories:  energy sources (-18.7 percent, including crude oils and commodities (- 44.4 percent) and fuels (- 4.5 percent). Imports of consumer goods declined by 6.4 percent, capital goods (-3.8 percent) and raw materials (-13.0 percent).

In March 2015, Switzerland registered a revised CHF 2.49 billion trade surplus.

Swiss customs Administration l Rida Husna l rida@tradingeconomics.com
5/28/2015 8:09:53 AM


Recent Releases

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 2856.00 2497.00 3894.91 -1478.68 CHF million [+]
Exports 16293.60 17970.21 19779.06 245.90 CHF million [+]
Imports 13437.64 15473.50 17348.96 273.20 CHF million [+]
Current Account 17343.31 11088.70 28384.74 -7228.00 CHF million [+]
Current Account to GDP 12.30 9.16 15.60 -0.60 percent [+]
External Debt 102689.00 87740.60 102689.00 13136.80 CHF Million [+]
Terms of Trade 110.36 111.25 115.96 74.27 Index Points [+]
Foreign Direct Investment 688084.40 671551.30 688084.40 20958.90 CHF million [+]
Tourist Arrivals 1318.00 1226.00 2056.00 600.00 Thousand [+]
Gold Reserves 1039.99 1039.99 2590.18 1039.99 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2856.00 Apr/15 2497.00 3894.91 -1478.68 CHF million [+]
Turkey -4966.00 Apr/15 -6153.67 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]