Exports rose marginally by 0.33 percent year-on-year to CHF 17 billion in April. Sales of chemicals grew 3 percent and jewelry rose 2 percent. Sales of chocolates were up 13 percent and those of cheese increased 14 percent. In contrast, shipments of precision instruments fell 5 percent. When adjusted for one less working day in April this year, total exports went up a real 5.5 percent.
Imports fell 5.3 percent over a year earlier to CHF 14.65 billion, mainly due to lower energy purchases.
Compared with the previous month, the trade surplus widened a nominal 21.5 in April from a revised CHF 1.99 billion in March. Seasonally adjusted exports increased a real 0.6 percent and imports fell 0.5 percent.