The trade surplus in Switzerland increased to CHF 3 billion in October of 2022, the largest trade surplus since April, from an upwardly revised CHF 2.9 billion in September. Exports declined 1.1% from a month earlier to CHF 22.9 billion, notably for vehicles (-25.7%), watches (-4.3%), machinery & electronics (-2.8%) and metals (-2.7%). Sales grew mainly to Canada (41.7%), the US (7.3%), Italy (26.5%) and Singapore (13.3%). In contrast, sales fell to Austria (-46.2%), Spain (-23.2%), Slovenia (-9.7%), Japan (-8.9%) and China (-8.5%). Meanwhile, imports shrank 1.4% to CHF 20 billion, namely chemicals and pharmaceuticals (-8.8%). Imports were up from Belgium (22.8%), Japan (31.1%) and China (5.5%), while dropped from Slovenia (-26.5%), Spain (-16%) and Singapore (-27.9%). source: Federal Customs Administration

Balance of Trade in Switzerland averaged 232.14 CHF Million from 1950 until 2022, reaching an all time high of 5406.62 CHF Million in February of 2022 and a record low of -1452.84 CHF Million in January of 1990. This page provides the latest reported value for - Switzerland Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Balance of Trade in Switzerland is expected to be 2580.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Balance of Trade is projected to trend around 2660.00 CHF Million in 2023 and 2060.00 CHF Million in 2024, according to our econometric models.

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Switzerland Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 06:00 AM Sep CHF2.78B CHF2.30B CHF 2.6B
2022-11-17 07:00 AM Oct CHF3B CHF2.9B CHF2.9B
2022-12-20 07:00 AM Nov CHF3B CHF3.2B


Related Last Previous Unit Reference
Balance of Trade 2978.43 2934.13 CHF Million Oct 2022
Imports 19964.73 20254.70 CHF million Oct 2022
Exports 22943.16 23188.83 CHF million Oct 2022
Terms of Trade 109.57 109.38 points Oct 2022

Switzerland Balance of Trade
In 2019, the Swiss trade surplus widened 19 percent from the previous year to CHF 37 billion, as both imports and exports reached new records despite global trade tensions, Brexit uncertainty and Hong Kong protests. The biggest trade surpluses were recorded with the US, India, the UK, China, Hong Kong, Japan and Singapore; and the largest deficits were recorded with the UAE, Germany, Ireland, Italy and Thailand.
Actual Previous Highest Lowest Dates Unit Frequency
2978.43 2934.13 5406.62 -1452.84 1950 - 2022 CHF Million Monthly
SA

News Stream
Swiss Trade Surplus Largest in 6 Months
The trade surplus in Switzerland increased to CHF 3 billion in October of 2022, the largest trade surplus since April, from an upwardly revised CHF 2.9 billion in September. Exports declined 1.1% from a month earlier to CHF 22.9 billion, notably for vehicles (-25.7%), watches (-4.3%), machinery & electronics (-2.8%) and metals (-2.7%). Sales grew mainly to Canada (41.7%), the US (7.3%), Italy (26.5%) and Singapore (13.3%). In contrast, sales fell to Austria (-46.2%), Spain (-23.2%), Slovenia (-9.7%), Japan (-8.9%) and China (-8.5%). Meanwhile, imports shrank 1.4% to CHF 20 billion, namely chemicals and pharmaceuticals (-8.8%). Imports were up from Belgium (22.8%), Japan (31.1%) and China (5.5%), while dropped from Slovenia (-26.5%), Spain (-16%) and Singapore (-27.9%).
2022-11-17
Swiss Trade Surplus Largest in 5 Months
The trade surplus in Switzerland increased to CHF 2.8 billion in September of 2022 from a marginally revised CHF 2.3 in August. It was the largest trade surplus since April, as exports rose more than imports. Exports increased 4.1% from a month earlier to CHF 22.8 billion, underpinned by sales of chemicals and pharmaceuticals; machinery and electronics; watches, and precision instruments. Sales grew mainly to France (4.3%), Spain (107.0%), Japan (2.9%), and the US (5.4%). By contrast, sales dropped to China (-2.6%), Singapore (-10.5%), Germany (-14.7%), and Italy (-3.4%). Meanwhile, imports climbed 2.2% to CHF 19.9 billion, namely chemicals and pharmaceuticals; machines and electronics; energy products; textiles, clothing and shoes. Imports were up from Italy (4.6%), Slovenia (44.1%), the UK (7.4%), China (4.8%), while declined from Japan (-13.1%), the US (-4.2%). In the third quarter, the trade surplus widened to CHF 8 billion from CHF 7.6 billion in the second quarter.
2022-10-20
Switzerland Trade Surplus Unchanged in August
The trade surplus in Switzerland stood at CHF 2.3 billion in August of 2022, unchanged from a marginally revised figure in July. Exports grew 1.4% from a month earlier to CHF 21.8 billion, boosted by sales of chemicals and pharmaceuticals; machinery and electronics; and jewelry. Sales increased mainly to Germany (5.7%), Slovenia (19.2%), the UK (5.7%), and the US (13.4%). Conversely, sales fell to China (-3.2%), Japan (-4.8%). Italy (-9.4%), and France (-1.2%). Meanwhile, imports rose 1.5% to CHF 19.5 billion, namely machines and electronics; metals; vehicles; textiles, clothing and shoes. Imports went up from Italy (8.9%), France (9.6%), the UK (6.8%), Japan (21.4%), and China (0.9%), while declined from the US (-6.1%).
2022-09-20