Tag Archive: Switzerland Trade Balance

Swiss Trade Balance February 2018: Foreign Trade at a High Level

In February 2018, exports increased by 1.8%, confirming their positive trend. After their January record, imports fell back (-9.8%). However, they continued to grow at a high level, at 16.1 billion francs. At the entrance, the flagship markets Europe and North America led the result.

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Swiss Trade Balance January 2018: Imports Cross the 17 Billion Franc Mark

Although exports fell in January 2018 from the December peak, their trend remains upward. Imports, for their part, began the year with fanfare to sign a record result. In both traffic directions, chemicals and pharmaceuticals made rain and shine.

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Swiss Trade 2017: Exports at all-time high

Last year, Swiss foreign trade accelerated yet again relative to 2016: exports rose by 4.7% to reach a new record high. Imports grew by 6.9%, posting their strongest growth rate since 2010. Aside from the improved economic situation worldwide, the weakening of the Swiss franc and price trends played a decisive role in both directions of trade. With a surplus of CHF 34.8 billion, the balance of trade closed the year 6% (or CHF 2.1bn) lower than the...

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Swiss Trade Balance November 2017: Foreign Trade in Verve

Swiss foreign trade proved dynamic in November 2017. After correction of working days, exports grew by 9.5% and imports even 16.4% year on year, both boosted by rising prices. In real terms, they increased by 4.4 and 6.8%, respectively. The balance commercial loop with a surplus of 2.7 billion francs.

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Swiss Trade Balance October 2017: A Slowdown at a High Level

In October 2017, Swiss foreign trade continued its advance. Adjusted for working days, exports grew by 5% against 7% for imports. Growth, however, weakened slightly compared to previous months. The trade balance is closing with a surplus of 2.4 billion francs.

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Swiss Trade Balance 3rd Quarter 2017: Foreign Trade at a High Level

With adjusted working days, exports grew by 2.5% and imports by 7.4% in the third quarter of 2017. Trade was thus consolidated at a high level. The balance of the trade balance contracted from 10.3 to 8.5 billion francs.

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Swiss Trade Balance August 2017: Dynamism of Imports

In August 2017, Swiss foreign trade grew stronger both at entry and exit. With growth of 9.9%, imports were much more dynamic than exports (+ 3.9%). The balance of trade closed with a surplus of 2.2 billion francs.

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Swiss Trade July 2017: Exports and Imports Decline after Reaching Highest in History

In July 2017, after adjusting for working days, exports grew by 4.5%, which were less dynamic than the previous two months. Imports rose red (-0.5%). The trade balance loops with a surplus of 3.6 billion francs.

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Swiss Trade Balance First half of 2017: Exports with record value

In the first half of 2017, both exports (+ 4.4%) and imports (+ 4.8%) were dynamic. While the former scored a record result, the latter scored a higher in eight years. In both directions of traffic, chemicals and pharmaceuticals contributed decisively to growth. The trade balance loops with a surplus of 19 billion francs.

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FX Daily, June 22: Greenback Goes Nowhere Quickly, While Yen Remains Bid

The summer doldrums begin early. The US dollar is little changed against most of the major currencies. Bond yields are mostly one-two basis points lower, and equity markets are mixed but with a downside bias. Oil prices slump more than 2% on Tuesday and again on Wednesday. This is weighing on bond yields and equities.

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Swiss Trade Balance May 2017: Foreign Trade is Strengthening

In May 2017, Swiss foreign trade was dynamic. Adjusted for working days, exports increased by 7.5% and imports by 8.7%. Chemicals and pharma boosted growth in both directions. The balance of trade closed with an impressive surplus of 3.4 billion francs.

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Swiss Trade Balance April 2017: Exports Stagnate

In April 2017, adjusted exports of working days shrank as imports strengthened by 2.3%. Changes in sales were marked by the reluctance of the chemical and pharmaceutical sector. The trade balance has closed with the smallest surplus in the last two years.

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Swiss Trade Balance March 2017: Increase in Exports and Stagnation of Imports

Swiss exports are moving more and more toward higher value sectors: away from watches, jewelry and manufacturing towards chemicals and pharmaceuticals. With currency interventions, the SNB is trying to keep sectors alive, that would not survive without interventions.

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Swiss Trade Balance February 2017: Swiss imports finally rising more than exports

Swiss exports are moving more and more toward higher value sectors: away from watches, jewelry and manufacturing towards chemicals and pharmaceuticals. With currency interventions, the SNB is trying to keep sectors alive, that would not survive without interventions.

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

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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FX Daily, February 21: Dollar Bounces Back

Some profit-taking in the middle of last week pushed the dollar lower and gave rise in some quarters that the run was over. However, the greenback has come back the bid. It is gaining against all the major currencies today and most of the emerging market currencies.

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

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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