Switzerland Imports

Switzerland imports were worth 13.9 Billion CHF in April of 2012. Historically, from 1989 until 2012, Switzerland Imports averaged 10.6100 Billion CHF reaching an all time high of 17.3500 Billion CHF in October of 2007 and a record low of 5.7700 Billion CHF in January of 1993. Switzerland imports mostly machinery, chemicals, vehicles, metals; agricultural products and textiles. Its main import partners are: European Union countries (Germany, Italy, France, Netherlands, Austria) and United States. This page includes a chart with historical data for Switzerland Imports.

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Imports
An import is any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country. Imports, along with exports, form the basis of international trade. Import of goods normally requires involvement of the Customs authorities in both the country of import and the country of export and are often subject to import quotas, tariffs and trade agreements. when the "imports" are the set of goods and services imported, "Imports" also means the economic value of all goods and services that are imported. The macroeconomic variable I usually stands for the value of these imports over a given period of time, usually one year.

SWITZERLAND NEWS

Swiss Trade Surplus Narrows in April
Published: 5/24/2012 3:36:57 PM By: TradingEconomics.com, Federal Customs Administration
Switzerland's trade surplus fell unexpectedly in April due to a fall in exports, the Federal Customs Administration reported.

Swiss Trade Surplus Widens in February
Published: 3/22/2012 12:50:26 PM By: TradingEconomics.com
Switzerland's trade surplus reached 2.7 billion francs in February, up from the 1.6 billion francs in January, with the watch industry leading export growth.

Swiss National Bank Keeps Minimum Exchange Rate Unchanged
Published: 3/15/2012 5:18:30 PM By: TradingEconomics.com, SNB
The Swiss National Bank will continue to enforce the minimum exchange rate of CHF 1.20 per euro with the utmost determination. It is prepared to buy foreign currency in unlimited quantities for this purpose. The target range for the three-month Libor will remain unchanged at 0.00–0.25%. The SNB will continue to maintain liquidity on the money market at an exceptionally high level.

Swiss Inflation Falls In February
Published: 3/8/2012 12:34:56 PM By: TradingEconomics.com, Swiss Federal Statistical Office
Consumer prices in Switzerland fell 0.9 percent year-on-year in February, after 0.8 percent decline in January. In February 2011, prices rose 0.5 percent on an yearly basis.

Swiss Economy Expands In Q4
Published: 3/1/2012 11:38:28 AM By: TradingEconomics.com, Bloomberg
The Swiss economy unexpectedly expanded in the fourth quarter, bolstered by strong private consumption, foreign trade and gross fixed investments.

Swiss Exports Declines in December
Published: 2/2/2012 2:55:20 PM By: TradingEconomics.com, ABS
Exports from Switzerland fell in December, hurt by turmoil in the Euro Zone which slashed demand for Swiss goods and drove the franc currency to unfavorably strong levels as investors looked for a safe place to park their money.

Swiss Trade Surplus Rises In November
Published: 12/20/2011 1:58:45 PM By: TradingEconomics.com, Federal Customs Administration
The Swiss trade surplus hit CHF 3 billion in November, the second largest on record, up from CHF 2.16 billion during October.

SNB Holds Franc Peg at 1.20 to the Euro
Published: 12/15/2011 12:52:14 PM By: TradingEconomics.com, SNB
The Swiss National Bank kept the minimum floor unchanged at 1.20 Swiss francs against the euro, even as it warned of a highly uncertain international economic outlook, saying that a further escalation of the European sovereign debt crisis can't be ruled out.

Swiss Inflation Rate Declines in November
Published: 12/6/2011 12:36:39 PM By: TradingEconomics.com, SECO
The Swiss consumer price index fell 0.2% on the month, and 0.5% on the year in November, as the strong franc pushed automobile and food costs lower, outweighing higher energy and accommodation costs.

Swiss GDP Growth Slows to 0.2% in Q3
Published: 12/1/2011 1:42:47 PM By: TradingEconomics.com, Bloomberg
Switzerland’s economy grew at the slowest pace in more than two years in the third quarter as companies cut spending and exports slumped.

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