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

Switzerland recorded a trade surplus of 2525 CHF million in March of 2015. Balance of Trade in Switzerland averaged 85.78 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.

     Forecast  
Switzerland Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
2525.00 2316.16 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, April 25, 2015.


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.

In March, exports rose by 3.2 percent year-on-year to CHF 17.95 billion, due to higher sales of  pharmaceuticals, vitamin, diagnostics (+1.7 percent); immunological products (+5.9 percent) and medication (+2.1 percent). Sales also increased for: raw materials and commodities (+25.3 percent); agro-chemical products (+12.7 percent); essentials oils, flavors and fragrances (+4.7 percent); textile machinery (+11.5 percent); household appliances (+13.4 percent) office machines (+20.7 percent; electrical engineering and electronics (+4.8 percent); electrical and electronic products (+5.8 percent); telecommunications (+27.0 percent); watch industry (+6.3 percent); precision instruments (+12.2 percent); medical instruments and apparatus (+18.0 percent);  aluminium (+14.7 percent);costumes & jewelry (+3.1 percent); food and beverages (+5.7 percent); coffee (+5.0 percent); benerages (+13.9 percent); chocolate (+2.1 percent); cheese (+15.0 percent); aircraft and spacecraft (+133.6 percent); rail vehicles (+67.3 percent) and textiles, clothing, footwear (+2.9 percent).

In contrast, exports  declined for: active pharmaceutical ingredients (-6.1 percent); unshaped plastics (-2.8 percent); body color (-1.1 percent); non-electric engines (-27.5 percent); pumps, compressors (-25.1 percent); textile machinery (-6.5 percent); power generator (-2.3 percent); iron and steel (-10.0 percent); tobacco brands (-6.9 percent); plastic industry (-8.7 percent) and paper and printing industry (-12.8 percent).

Sales increased to China (+12.4 percent),  the US (+23.6 percent), Japan (+5.6 percent), South Kore (+30.6 percent), Malaysia (+54.4 percent), Thailand (+31.2 percent) and Vietnam (+39.6 percent). In contrast, outbound shipments declined to the EU countries  (-3.1 percent), Russia (-29.6 percent), Hong Kong (-12.2 percent), Taiwan (-3.3 percent) and Africa (-1.2 percent).

Imports rose by 0.7 percent year-on-year to CHF 15.42 billion. Purchases of energy sources dropped by 14.8 percent. Among the category, crude oils and commodities declined by 21.5 percent, fuels (-21.2 percent) while electrical current increased by 3.0 percent. In contrast, imports increased for consumer goods (+4.5 percent), capital goods (+2.7 percent) while those of raw materials declined by 4.2 percent.

In February 2015, Switzerland registered a revised CHF 2.32 billion trade surplus.

Swiss Customs Administration l Rida Husna l rida@tradingeconomics.com
4/23/2015 8:31:15 AM


Recent Releases

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 Surplus Increases in January
Switzerland trade surplus widened to CHF 3.43 billion in January of 2015 from CHF 2.52 billion a year earlier as imports declined faster than exports. Published on 2015-02-19


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-19 07:00 AM
Balance of Trade  Jan
CHF 3.4B CHF 1.5B 2.3B
2015-03-19 07:00 AM
Balance of Trade  Feb
CHF 2.47B CHF 3.4B 2.5B
2015-04-23 07:00 AM
Balance of Trade  Mar
CHF 2.52B CHF 2.31B (R) CHF 2.16B CHF 2.3B
2015-05-27 07:00 AM
Balance of Trade  Apr
CHF 2.52B 2B
2015-06-24 07:00 AM
Balance of Trade  May
2.1B
2015-07-22 07:00 AM
Balance of Trade  Jun
1.8B


Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2525.00 2316.16 3894.91 -1478.68 CHF million [+]
Exports 17945.00 16198.00 19779.06 245.90 CHF million [+]
Imports 15420.45 13881.83 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 109.10 108.81 115.96 74.27 Index Points [+]
Foreign Direct Investment 688084.40 671551.30 688084.40 20958.90 CHF million [+]
Tourist Arrivals 1138.00 1195.00 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 -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19174.00 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 6923.00 -6389.30 EUR Million [+]
Japan 229.26 Mar/15 -425.00 1608.67 -2795.04 JPY Billion [+]
Mexico 558.30 Feb/15 -3248.00 1710.25 -3292.30 USD Million [+]
Netherlands 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8380.51 Mar/15 7706.30 8380.51 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -4655.64 Feb/15 -4320.27 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]