Exports from Switzerland slumped 11.7 percent from a month earlier to CHF 16.71 billion in April 2020, the lowest level since November 2016, as several countries imposed coronavirus-related restrictions. It was also the largest monthly decline in decades, due to plunging sales of watches (-72.6 percent), chemical & pharmaceutical products (-4.8 percent), machines & electronics (-4.5 percent), precision instruments (-18.2 percent) and metals (-13.1 percent). Among key trade partners, exports were down to the Euro Area (-14.1 percent), in particular to Germany (-16.4 percent), Italy (-13.0 percent), France (-17.4 percent) and Austria (-21.8 percent). Exports also dropped to the UK (-24.0 percent), the US (-35.2 percent), China (-3.9 percent), Japan (-5.8 percent), South Korea (-8.8 percent), Hong Kong (-43.8 percent) and the Middle East (-7.7 percent). On the other hand, exports increased to Singapore (1.3 percent), Canada (24.2 percent) and Brazil (51.9 percent).

Exports in Switzerland averaged 6765.87 CHF million from 1950 until 2020, reaching an all time high of 20695.14 CHF million in June of 2019 and a record low of 245.90 CHF million in January of 1950. This page provides the latest reported value for - Switzerland Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Exports - values, historical data and charts - was last updated on June of 2020.

Exports in Switzerland is expected to be 14920.00 CHF million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Switzerland to stand at 19100.00 in 12 months time. In the long-term, the Switzerland Exports is projected to trend around 21900.00 CHF million in 2021 and 23700.00 CHF million in 2022, according to our econometric models.

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Switzerland Exports

Actual Previous Highest Lowest Dates Unit Frequency
16706.40 18929.61 20695.14 245.90 1950 - 2020 CHF million Monthly
SA

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 4326.69 3078.33 4326.69 -1478.68 CHF million [+]
Current Account 25834.98 20327.21 25834.98 -2851.91 CHF Million [+]
Current Account to GDP 10.20 6.70 14.80 -0.60 percent [+]
Imports 12379.70 15851.28 17656.68 273.20 CHF million [+]
Exports 16706.40 18929.61 20695.14 245.90 CHF million [+]
External Debt 1883924.30 1884597.80 1893047.80 768352.30 CHF Million [+]
Terms of Trade 125.54 122.45 127.67 74.27 points [+]
Capital Flows 21844.03 10028.69 45027.22 -54755.04 CHF Million [+]
Foreign Direct Investment 1295914.40 1088433.00 1295914.40 20958.90 CHF Million [+]
Tourist Arrivals 1343.00 1329.00 2284.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.19 0.13 2.03 0.13 [+]
Tourism Revenues 3709.11 5020.43 5020.43 999.10 CHF Million [+]
Weapons Sales 243.00 184.00 530.00 18.00 USD Million [+]


Switzerland Exports
In 2019, Swiss exports reached an all-time high of CHF 312 billion despite the global uncertainty surrounding trade disputes and the world economy. Main exports were: pharmaceutical products (26 percent of total exports); natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin (25 percent); nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (7 percent); organic chemicals (7 percent); clocks and watches and parts thereof (7 percent); optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (6 percent); electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (4 percent); and plastics and articles thereof (2 percent). Germany was the largest destination of Swiss shipments (15 percent of total exports), followed by the US (14 percent), the UK (9 percent), China (7 percent), France and India (6 percent each), Italy (5 percent), Hong Kong, Japan and Spain (3 percent each), Austria, Singapore, the Netherlands and Belgium (2 percent each).
Switzerland Exports by Category Last Previous
Total 1 16706.40 19006.01 CHF Million Apr/20
Consumer Goods 10229.30 13941.30 CHF Million Apr/20
Non-European Countries 3955.70 5755.00 CHF Million Apr/20
Investment Goods 3156.80 3863.50 CHF Million Apr/20
Raw Materials & Semi Finished Goods 2747.70 3341.60 CHF Million Apr/20
Precision Instruments 1042.80 1434.90 CHF Million Apr/20
Basic Metals 844.20 1088.00 CHF Million Apr/20
Metal Goods 673.29 830.30 CHF Million Apr/20
Food Products, Beverage & Tobacco 640.69 748.84 CHF Million Apr/20
Raw & Raw Materials 601.36 622.83 CHF Million Apr/20
Electrical, Electronic Articles 536.47 630.54 CHF Million Apr/20
Watches & Clocks 328.80 1359.00 CHF Million Apr/20
Rubber & Plastic 251.09 294.80 CHF Million Apr/20
Vehicles 227.74 298.24 CHF Million Apr/20
Generation of Current, Electric Motors 186.59 231.15 CHF Million Apr/20
Agrochemical Products 184.95 216.81 CHF Million Apr/20
Metal Working Machines 184.60 210.51 CHF Million Apr/20
Pumps, Compressor, Etc. 178.53 160.78 CHF Million Apr/20
Beverages 152.97 166.41 CHF Million Apr/20
Wearing Apparel 149.35 187.72 CHF Million Apr/20

United Nations Comtrade Database
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