Category Archive: 2.) Trade Balance News Service Bunt [FR]

Swiss Trade Balance Q2 2020: historic decline in exports and imports

Swiss foreign trade recorded a record decline in the second quarter of 2020. In seasonally adjusted terms, exports plunged by 11.5% compared to the previous quarter and imports even by 16.0%. This result stems from the traffic collapse recorded in April in the wake of the coronavirus pandemic, with May and June having regained some color. The trade balance closed with a record surplus of 9.6 billion francs.

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Swiss Trade Balance May 2020: signs of recovery in foreign trade

After its historic setback of the previous month, foreign trade recovered a few colors in May 2020. Imports posted a seasonally adjusted increase of 9.8% to 13.6 billion francs; however, they are still below their March 2020 level. Although exports fell again (-1.2%), they eased compared to April. The trade balance closed with a surplus of 2.8 billion francs.

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Swiss Trade Balance April 2020: foreign trade collapses

Compared with the previous month, April 2020 exports contracted by 11.7% (actual: -10.0%); this is the largest seasonally adjusted decline ever recorded. They retracted by 2.2 billion to reach 16.7 billion francs. Imports even plunged by 21.9%, that is, by a drop of 3.5 billion francs, to 12.4 billion francs (actual: -17.8%); they thus fell almost to their July 2005 level. The trade balance closed with a record monthly surplus of 4.3 billion francs.

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Swiss Trade Balance Q1 2020 : chemistry-pharma keeps exports in black numbers

The boom in chemicals and pharmaceuticals enabled Swiss exports to increase in March as well as in the first quarter of 2020 (+ 2.2% respectively + 1.0%). Despite the global economic situation linked to the “Covid-19”, the performance of this sector offset the decline suffered by most of the other groups. As in the previous quarter, seasonally adjusted imports fell (- 2.8%). The trade balance for the first three months of 2020 ends with a surplus...

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Swiss Trade Balance February 2020: decline in foreign trade

After their strong increase the previous month, exports plunged 5.0% in February 2020 and thus continue on their negative trend that started in September 2019. Imports weakened by 1.4%. The trade balance closed with a surplus of 2.0 billion francs.

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Swiss Trade Balance December 2019: Chemistry-pharma propels foreign trade 2019 to new heights

Despite a climate of uncertainty linked to trade tensions and the global economy, Swiss foreign trade grew in 2019, albeit at a slower pace. Exports increased by 3.9% to 242.3 billion francs while imports increased by 1.6% to 205.0 billion francs, the two directions of traffic thus reaching an historic peak. The trade balance closed with a record surplus of 37.3 billion francs.

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Swiss Trade Balance November 2019: Foreign trade continues to contract

As in the previous month, cross-border flows of goods fell in both directions of traffic in November 2019. In seasonally adjusted terms, exports fell 1.7% on a month compared to 1.1% for imports. Swiss sales fell back to their level at the start of 2019, while admissions fell by almost a billion francs. The trade balance closed with a surplus of 2.2 billion francs.

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Swiss Trade Balance October 2019: exports fall but remain stable

In October 2019, Swiss foreign trade declined in both traffic directions. Exports fell sharply (-5.3%); however, they had jumped 8.8% the previous month, setting the bar very high. Imports fell 2.4%. Since the beginning of the year, foreign trade has thus revealed stagnation. The trade balance closes with a surplus of 2.4 billion francs.

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Swiss Trade Balance Q3 2019: exports still rising thanks to chemistry-pharma

In the third quarter of 2019, foreign trade showed a positive trend: while exports rose by 0.9%, imports posted double growth (+ 1.8%). Both the first and the second have achieved a record quarterly result. The trade balance is closing with a surplus of 5.9 billion francs.

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Swiss Trade Balance August 2019: the decline in exports continues

In August 2019, Swiss exports fell for the second month in a row. Down 4.3% year-on-year, they dropped below 19 billion francs. On the other hand, imports rose by 3.4% and thus regained their level at the beginning of the year. The trade balance closed with a surplus of 1.2 billion francs.

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Swiss Trade Balance July 2019: foreign trade decelerates in July 2019

After shining the previous month, foreign trade turned red in July 2019. Despite a decline of 3.9% to 19.6 billion francs, exports had their second largest monthly result ever reached. Down 1.7%, imports were close to CHF 17 billion. The chemistry-pharma has greatly impacted both directions of the traffic. The trade balance is closing with a surplus of 2.7 billion francs.

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