Swiss exports of pharmaceuticals to Russia, which are not subject to sanctions, reached a 30-year record last year, buoyed by high prices. Roche, Novartis and the other Swiss pharma companies brought in CHF2.1 billion ($2.3 billion) from the export of pharmaceuticals to Russia in 2022.
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Tag Archive: Swiss Exports
Swiss Trade Balance November 2022: pharmaceuticals weigh down exports
In November 2022, seasonally adjusted exports plunged by almost a tenth while imports increased by 1.4% month on month. At the exit in particular, the chemical-pharmaceutical sector weighed down the result. The trade balance closes with a small surplus of half a billion francs.
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