Exports from Switzerland dropped 4.3 percent from a month earlier to CHF 18.7 billion in August 2019, due to lower sales of chemical and pharmaceutical products (-5.0 percent), jewellery (-9.8 percent), machinery and electronics (-5.1 percent); food, beverages and tobacco (-1.0 percent); and metals (-2.8 percent). Conversely, sales rose for watchmaking (1.7 percent); precision instruments (0.5 percent). Among major trade partners, exports declined to Germany (-13.6 percent), Italy (-4.6 percent), France (-4.3 percent), Belgium (-10.4 percent), Russia (-22.3 percent), the US (-2.2 percent), the Middle East (-8.0 percent), Hong Kong (-16.0 percent), and Singapore (-17.2 percent). Meanwhile, there were increases in exports to the UK (5.8 percent), the Netherlands (0.7 percent), Spain (0.4 percent), Austria (23.5 percent), Canada (1.9 percent), China (10.4 percent), and Japan (2.7 percent). Exports in Switzerland averaged 6650.05 CHF million from 1950 until 2019, reaching an all time high of 20381.94 CHF million in June of 2019 and a record low of 245.90 CHF million in January of 1950.

Exports in Switzerland is expected to be 21750.00 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 22920.00 in 12 months time. In the long-term, the Switzerland Exports is projected to trend around 23900.00 CHF million in 2020, according to our econometric models.

Switzerland Exports
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Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 1152.71 2582.24 3302.89 -1478.68 CHF million [+]
Current Account 21272.85 20553.43 25032.31 -2851.91 CHF Million [+]
Current Account to GDP 10.20 6.70 14.80 -0.60 percent [+]
Imports 17579.05 16995.39 17708.65 273.20 CHF million [+]
Exports 18731.77 19577.64 20381.94 245.90 CHF million [+]
External Debt 1839891.70 1825537.90 1893047.80 768352.30 CHF Million [+]
Terms of Trade 120.73 121.59 127.67 74.27 Index Points [+]
Capital Flows 5849.35 -2299.83 45027.22 -54755.04 CHF Million [+]
Foreign Direct Investment 1088433.00 1061331.00 1088433.00 20958.90 CHF Million [+]
Tourist Arrivals 2278.00 2003.00 2278.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.13 0.27 2.03 0.13 [+]
Tourism Revenues 4301.75 3949.18 4946.97 999.10 CHF Million [+]
Weapons Sales 243.00 184.00 530.00 18.00 USD Million [+]

Switzerland Exports by Category Last Previous
Total 1 18731.77 19577.64 CHF Million Aug/19
Consumer Goods 10218.30 13626.60 CHF Million Aug/19
Pharmaceuticals, Vitamin, Diagnostic P 6780.13 8806.44 CHF Million Aug/19
Non-European Countries 4019.70 4999.60 CHF Million Aug/19
Investment Goods 3721.40 4569.20 CHF Million Aug/19
Raw Materials & Semi Finished Goods 2723.80 3511.10 CHF Million Aug/19
Watches & Clocks 1521.80 1902.30 CHF Million Aug/19
Precision Instruments 1233.00 1465.40 CHF Million Aug/19
Basic Metals 921.00 1227.40 CHF Million Aug/19
Metal Goods 711.06 917.30 CHF Million Aug/19
Food Products, Beverage & Tobacco 708.52 780.58 CHF Million Aug/19
Jewelry & Related Articles 573.86 988.89 CHF Million Aug/19
Electrical, Electronic Articles 568.54 682.95 CHF Million Aug/19
Raw & Raw Materials 450.32 610.72 CHF Million Aug/19
Vehicles 447.92 456.62 CHF Million Aug/19
Metal Working Machines 270.26 342.25 CHF Million Aug/19
Rubber & Plastic 239.31 309.86 CHF Million Aug/19
Generation of Current, Electric Motors 194.38 258.04 CHF Million Aug/19
Wearing Apparel 185.15 265.13 CHF Million Aug/19
Beverages 165.77 200.90 CHF Million Aug/19

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

Switzerland Exports

In 2018, Swiss exports rose the most since 2010 and reached a record high of CHF 233 billion despite the global economic uncertainties. Main exports were: chemical and pharmaceutical products (45 percent of total exports), of which medicines (19 percent) and immunological products (12 percent); machines and electronics (14 percent); watches (9 percent); precision instruments (7 percent); metals (6 percent); and jewelry (5 percent). Swiss main export partners were: Germany (18 percent of total exports), the US (16 percent), France and Italy (6 percent each), China (5 percent) and the UK (4 percent). 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18731.77 19577.64 20381.94 245.90 1950 - 2019 CHF million Monthly
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