Exports from Switzerland dropped 1.2 percent from a month earlier to CHF 16.45 billion in May 2020, the lowest level since November 2016, as several countries imposed coronavirus-related restrictions. Sales declined for chemical & pharmaceutical products (-6 percent), machines & electronics (-1.5 percent), and precision instruments (-2.8 percent). Among key trade partners, exports were down to the UK (-8.8 percent), the US (-3 percent), China (-9.4 percent), Japan (-20.8 percent), Singapore (-27 percent), and the Middle East (-20.1 percent).

Exports in Switzerland averaged 6765.87 CHF million from 1950 until 2020, reaching an all time high of 20695.14 CHF million in June of 2019 and a record low of 245.90 CHF million in January of 1950. This page provides the latest reported value for - Switzerland Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Exports - values, historical data and charts - was last updated on July of 2020.

Exports in Switzerland is expected to be 14920.00 CHF million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Switzerland to stand at 19100.00 in 12 months time. In the long-term, the Switzerland Exports is projected to trend around 21900.00 CHF million in 2021 and 23700.00 CHF million in 2022, according to our econometric models.

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Switzerland Exports

Actual Previous Highest Lowest Dates Unit Frequency
16448.00 16649.00 20695.14 245.90 1950 - 2020 CHF million Monthly
SA

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2811.00 4232.00 4232.00 -1478.68 CHF million [+]
Current Account 17359.51 20915.82 25032.31 -2851.91 CHF Million [+]
Current Account to GDP 10.20 6.70 14.80 -0.60 percent [+]
Imports 13637.00 12417.00 17656.68 273.20 CHF million [+]
Exports 16448.00 16649.00 20695.14 245.90 CHF million [+]
External Debt 1938247.20 1883924.30 1938247.20 768352.30 CHF Million [+]
Terms of Trade 126.18 125.54 127.67 74.27 points [+]
Capital Flows -1331.51 21844.03 45027.22 -54755.04 CHF Million [+]
Foreign Direct Investment 1295914.40 1088433.00 1295914.40 20958.90 CHF Million [+]
Tourist Arrivals 1343.00 1329.00 2284.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.19 0.13 2.03 0.13 [+]
Tourism Revenues 3611.34 3709.11 5020.43 999.10 CHF Million [+]
Weapons Sales 243.00 184.00 530.00 18.00 USD Million [+]


Switzerland Exports
In 2019, Swiss exports reached an all-time high of CHF 312 billion despite the global uncertainty surrounding trade disputes and the world economy. Main exports were: pharmaceutical products (26 percent of total exports); natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin (25 percent); nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (7 percent); organic chemicals (7 percent); clocks and watches and parts thereof (7 percent); optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (6 percent); electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (4 percent); and plastics and articles thereof (2 percent). Germany was the largest destination of Swiss shipments (15 percent of total exports), followed by the US (14 percent), the UK (9 percent), China (7 percent), France and India (6 percent each), Italy (5 percent), Hong Kong, Japan and Spain (3 percent each), Austria, Singapore, the Netherlands and Belgium (2 percent each).
Switzerland Exports by Category Last Previous
Total 1 16447.59 16706.40 CHF Million May/20
Consumer Goods 10103.70 10229.30 CHF Million May/20
Non-European Countries 3732.40 3955.70 CHF Million May/20
Investment Goods 3113.50 3156.80 CHF Million May/20
Raw Materials & Semi Finished Goods 2524.10 2747.70 CHF Million May/20
Precision Instruments 988.90 1042.80 CHF Million May/20
Basic Metals 842.30 844.20 CHF Million May/20
Watches & Clocks 655.60 328.80 CHF Million May/20
Metal Goods 653.82 673.29 CHF Million May/20
Food Products, Beverage & Tobacco 604.79 640.69 CHF Million May/20
Raw & Raw Materials 490.71 601.36 CHF Million May/20
Electrical, Electronic Articles 485.08 536.47 CHF Million May/20
Vehicles 273.70 227.74 CHF Million May/20
Rubber & Plastic 232.74 251.09 CHF Million May/20
Wearing Apparel 203.04 149.35 CHF Million May/20
Metal Working Machines 194.81 184.60 CHF Million May/20
Electricity 193.45 143.03 CHF Million May/20
Generation of Current, Electric Motors 190.25 186.59 CHF Million May/20
Jewelry & Related Articles 180.67 140.42 CHF Million May/20
Clothing 165.39 123.83 CHF Million May/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category