Tag Archive: Switzerland Exports

The term export means shipping in the goods and services out of the jurisdiction of a country. The seller of such goods and services is referred to as an “exporter” and is based in the country of export whereas the overseas based buyer is referred to as an “importer”. In international trade, “exports” refers to selling goods and services produced in the home country to other markets.

Swiss Trade Balance January 2017: Pharma maintains the Exports in the black figures

2017-02-21

by George Dorgan

2017-02-21

Swiss exports and imports, seasonally adjusted (in bn CHF), Jan 2017

After adjusting for working days, exports increased by 5.3% (real: + 2.3%) in January 2017, boosted by chemicals and pharmaceuticals. Imports, on the other hand, fell by 1.2% (real: -6.8%). The trade balance loops on a record monthly surplus of 4.7 billion francs.

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2016: Swiss Exports and Swiss Trade Balance at New Record-Highs: Swiss Franc Shock Digested

2017-01-26

by George Dorgan

2017-01-26

Swiss exports and imports, seasonally adjusted (in bn CHF) September 2016

Following a decline the previous year, foreign trade grew again in 2016, with chemicals and pharmaceuticals shaping the trend. Exports climbed by a total of 3.8% (real: - 0.8%) to a record high of CHF 210.7 billion. However, the two other large groups – machinery and electronics, and watches – were unable to participate in the growth. Imports increased by 4.1% (real: +1.2%) to CHF 173.2 billion. The trade surplus reached a new peak of CHF 37.5...

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Swiss watch exports poised for worst year since 1984: chart

2016-12-21

by Investec

2016-12-21

The number of watches Switzerland exports is on track to reach the lowest level since 1984, when digital timepieces were in vogue and Swatch Group AG had just been formed in reaction to low-cost competition.

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Swiss Trade Surplus Shrinks in October

2016-11-22

by George Dorgan

2016-11-22

Swiss exports and imports, seasonally adjusted (in bn CHF)

In October 2016, Swiss exports were down 5.6% (in real terms: - 10.4%) against the previous year. Imports rose by 1.8%YoY (in real terms: -1%). The trade surplus diminished, after months of rising exports.

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Swiss Quarterly Trade Surplus over 10 bn CHF for the First Time. Exports + 8.1 percent YoY, Imports +7.9 percent in Q3/2016.

2016-10-21

by George Dorgan

2016-10-21

In the third quarter of 2016, the Swiss quarterly trade surplus rose over 10 bn. CHF for the first time in history. Exports rose by 8.1% and Imports by 7.9%.

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Swiss Exports + 7.0 percent YoY, Imports +8.4 percent. Trade Surplus +3 bn CHF, Exporters Increase Prices

2016-09-20

by George Dorgan

2016-09-20

We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity increases, while REER assumes constant productivity in comparison to trade partners. In August 2016, Swiss exports were up 7.0% YoY (in real terms: + 1.2%) and imports 8.4% YoY (in real terms: + 5.1%).

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Swiss Exports + 7.9 percent YoY, Imports +11.8 percent. Trade Surplus +2.9 bn CHF, Exporters Increase Prices

2016-08-23

by George Dorgan

2016-08-23

We do not like Purchasing Power or Real Effective Exchange Rate (REER). For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity increases, while REER assumes constant productivity in comparison to neighbours. In July 2016, Swiss Exports were up 7.9% YoY (in real terms: + 2.4%) and imports 11.8% YoY (in real terms: + 8.2%). Exporters could even raise prices, as we see in the difference...

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FX Daily: Yen Pares Gains, Dollar-Bloc Firms

2016-04-08

by Marc Chandler

2016-04-08

The surging yen has been the main feature in the foreign exchange market in recent days, but its advancing streak has been stopped with today's setback. The greenback traded briefly dipped below JPY107.70 in North America yesterday but has not ...

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Swiss and Eurozone Trade Anomalies

2016-03-28

by Marc Chandler

2016-03-28

Marc Chandler emphasises the discrepancies between overvalued franc and - despite being overvalued - the massive Swiss trade surplus. Will it continue like that?

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2015 Swiss Exports and Swiss Trade Balance: Decline at a High Level

2016-01-25

by George Dorgan

2016-01-25

Switzerland Trade Balance, December 2015

After several years of moderate growth, exports (-2.6%) and imports (-6.9%) fell in nominal terms in 2015. Nevertheless, exports were at their third-highest level ever at CHF 202.9 billion. Prices clearly declined, particularly for imports, against the backdrop of the strong Swiss franc.

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Impressive Swiss Recovery After SNB Peg Removal

Retail data shows that the SNB peg removal in January 2015 as early as April 2015 with minimal adverse impact on the economy. Trade surplus showed that Switzerland had fully recovered its lost trade surplus in May and expectations crossed an important threshold into positive territory in June. CHF strengthened since May end, as the market caught wind of the Swiss recovery, and the Grexit would further strengthen the CHF if it were to occur.

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