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

Switzerland trade surplus came in at CHF2.50 billion in April of 2016, unchanged from the figure a year earlier as exports fell while imports rose. Year-on-year, exports dropped by 0.6 percent to CHF17.99 billion. In contrast, imports rose 3.2 percent to CHF15.48 billion. In March, trade surplus was upwardly revised to CHF2.18 billion. Balance of Trade in Switzerland averaged 134.75 CHF million from 1950 until 2016, reaching an all time high of 4022 CHF million in February of 2016 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
2504.00 2180.00 4022.00 -1478.68 1950 - 2016 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. Switzerland Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-22 07:00 AM Feb CHF4.07B CHF 3.51B CHF 2.88B CHF 3.2B
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 CHF2.50B 3198.99
2016-07-21 06:00 AM Jun 3105.64
2016-08-23 06:00 AM Jul 2916.87

Switzerland Trade Surplus Stable in April


Switzerland trade surplus came in at CHF2.50 billion in April of 2016, unchanged from the figure a year earlier as exports fell while imports rose.

Year-on-year, exports dropped by 0.6 percent to CHF17.99 billion. Sales declined for: machinery and electronics (-4.1 percent), watches (-18.1 percent), precision instruments (-0.4 percent), costume & jewelry (-19.4 percent), vehicles (-0.1 percent) and paper and graphic products (-11.3 percent). In contrast, outbound shipments rose for: chemicals and pharmaceuticals (+7.3 percent), metals (+3.6 percent), food & beverages (+2.5 percent), plastics (+1.3 percent) and  textiles, clothing, footwear (+6.8 percent).

Sales fell to Asia (-2.6 percent year-on-year, including to China: -25.7 percent, Hong Kong: -21.3 percent and India: -10.9 percent), Latin America (-3.1 percent) and Oceania (-10.0 percent, including Australia: -10.4 percent). In contrast, exports grew to the EU countries (+10.2 percent), North America (+14.1 percent, including the US: +16.9 percent) and the Middle East (+4.0 percent).

Imports rose 3.2 percent to CHF15.48 billion, mainly driven by chemicals and pharmaceuticals (+12.9 percent), vehicles (+5.0 percent); textiles, clothing, footwear (+3.1 percent), precision instruments (+0.5 percent), fuels (+2.0 percent), plastics (+5.5 percent) and watches (+4.9 percent). In contrast, inbound shipments dropped for: machinery and electronics (-0.9 percent), metals (-1.5 percent), costumes & jewelry (-18.8 percent) and paper and graphic products (-6.3 percent).

In March 2016, trade surplus was upwardly revised to CHF2.18 billion. 

Rida | rida@tradingeconomics.com
5/24/2016 8:12:15 AM

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2504.00 2180.00 4022.00 -1478.68 CHF million [+]
Exports 17985.00 17809.00 19778.73 245.90 CHF million [+]
Imports 15482.00 15646.00 17348.96 273.20 CHF million [+]
Current Account 15908.00 22811.00 25252.90 -1870.49 CHF Million [+]
Current Account to GDP 7.00 12.70 15.60 -0.60 percent [+]
External Debt 141988.10 137392.60 141988.10 13136.80 CHF Million [+]
Terms of Trade 116.67 115.09 116.67 74.27 Index Points [+]
Capital Flows 8202.79 13153.29 44790.33 -54646.24 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 [+]
Terrorism Index 1.35 2.03 2.03 0.13 [+]
Tourism Revenues 3428.95 4540.52 4656.07 2179.85 CHF Million [+]




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