Tag Archive: Switzerland Imports by Sector

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 Q4 2019: Secondary sector shows positive growth rates again

20.02.2020 - Secondary sector production rose by 1.3% in 4th quarter 2019 in comparison with the same quarter a year earlier. Turnover rose by 0.3%. This rise has continued without interruption since the 1st quarter 2017 but was slightly weaker in the reporting quarter. This is shown by provisional results from the Federal Statistical Office (FSO).

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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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Swiss Trade Balance Q2 2019: the positive trend continues to export

In the second quarter of 2019, exports increased by 1.4% and imports by 0.2%. The two traffic departments have thus set a record quarterly result. The trade surplus, on the other hand, stood at 6.8 billion francs.

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Swiss Trade Balance Q1 2019: Foreign trade at a high level

Swiss foreign trade saw a mixed evolution during the first half of 2019. In seasonally adjusted terms, exports fell slightly, still remaining above the 57 billion franc mark. Imports, on the other hand, continued to rise (+1 , 0%) to reach a record level of 51.2 billion francs. The trade balance closes with a surplus of 6.2 billion francs.

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Swiss Trade Balance February 2019: New Peak of Exports

In February 2019, like the previous month, seasonally-adjusted exports increased (+ 2.3%), reaching a record level of 19.4 billion francs. On the other hand, imports fell by 1.2% in one month to 17.4 billion francs. The trade balance shows a surplus of 2.0 billion francs.

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Swiss Trade Balance January 2019: Start of a Positive year

Swiss foreign trade started the year 2019 in a positive way. Seasonally adjusted exports rose by 1.1% to 18.9 billion francs and imports by 3.4% to 17.5 billion. The trade balance closed with a surplus of 1.4 billion francs.

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Swiss Trade Balance November 2018: Exports pass for the first time the bar of 19 billion francs

In November 2018, exports confirmed their growth the previous month with a 1.8% increase, posting a new monthly peak. Imports, on the other hand, weakened by 1.2% and remain in a negative spiral. The trade balance closed with a surplus of 3.1 billion francs.

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Swiss Trade Balance October 2018: Record exports in October 2018

In October 2018, seasonally adjusted exports grew 6.0%, after their slightly negative evolution since June. They thus reach a level monthly record. Conversely, the decline in imports continued (-1.8%). The balance commercial loop with a surplus of 2.6 billion francs.

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Swiss Trade Balance Q3 2018: First Decline in Foreign Trade Over the Last Seven Quarters

After a year and a half of continued growth in Swiss foreign trade, exports in the third quarter of 2018 contracted by 2.9% compared with the previous quarter's record. However, they remained above the 54 billion franc mark. Evolving at a high level, imports fell by 1.5% (-768 million francs). The trade balance closes with a surplus of 3.5 billion francs.

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Swiss Trade Balance August 2018: Exports above the 18 billion Franc Mark

After the dynamism registered until May 2018, Swiss foreign trade has been stalled since. In August and after seasonal adjustment, exports stagnated at a high level and imports fell by 1.1%. The trade balance has a surplus of 1.4 billion francs.

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Swiss Trade Balance July 2018: Slowdown to a High Level

After stagnating the previous month, both exports and imports fell in July 2018. In seasonally adjusted terms, they fell by 3.0 and 2.8%, respectively. The decline in the chemicals-pharmaceuticals sector weighed on the result in both directions of the traffic. The trade balance is closing with a surplus of 1.2 billion francs.

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