Exports from Switzerland fell 1.9 percent from a month earlier to CHF 17.9 billion in September 2020, amid the coronavirus pandemic. Sales declined for chemical & pharmaceutical products (-3.6 percent), machines & electronics (-2.2 percent), watches (-0.8 percent), metals (-2.6 percent), and jewelry (-29.6 percent). Among key trade partners, exports declined to the Euro Area (-0.9 percent), the US (-20.6 percent), Japan (-27.5 percent), Singapore (-17.3 percent), Hong Kong (-37.2 percent) and the Middle East (-18.7 percent).

Exports in Switzerland averaged 6816.20 CHF million from 1950 until 2020, reaching an all time high of 20688.52 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 October of 2020.

Exports in Switzerland is expected to be 18020.00 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 19700.00 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
17908.00 18251.00 20688.52 245.90 1950 - 2020 CHF million Monthly
SA

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2673.00 3298.00 4153.71 -1478.68 CHF Million [+]
Current Account 9877.53 14534.75 25242.98 -3125.98 CHF Million [+]
Current Account to GDP 10.20 6.70 14.80 -0.60 percent [+]
Imports 15235.00 14953.00 17737.42 273.20 CHF million [+]
Exports 17908.00 18251.00 20688.52 245.90 CHF million [+]
External Debt 1977691.00 1938247.20 1977691.00 768352.30 CHF Million [+]
Terms of Trade 117.46 126.18 127.67 74.27 points [+]
Capital Flows 8721.81 4034.20 44347.68 -31816.47 CHF Million [+]
Foreign Direct Investment 1295914.40 1088433.00 1295914.40 20958.90 CHF Million [+]
Tourist Arrivals 1540.00 716.00 2284.00 51.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.19 0.13 2.03 0.13 [+]
Tourism Revenues 885.98 3611.34 5020.43 885.98 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 17908.24 18328.09 CHF Million Sep/20
Consumer Goods 11419.60 10710.10 CHF Million Sep/20
Non-European Countries 4040.10 4430.20 CHF Million Sep/20
Investment Goods 4016.30 3273.90 CHF Million Sep/20
Raw Materials & Semi Finished Goods 3130.60 2529.40 CHF Million Sep/20
Watches & Clocks 1604.70 1343.90 CHF Million Sep/20
Precision Instruments 1434.50 1115.70 CHF Million Sep/20
Basic Metals 1071.40 858.50 CHF Million Sep/20
Metal Goods 810.77 676.52 CHF Million Sep/20
Food Products, Beverage & Tobacco 807.80 680.94 CHF Million Sep/20
Jewelry & Related Articles 629.02 557.19 CHF Million Sep/20
Raw & Raw Materials 590.57 449.82 CHF Million Sep/20
Electrical, Electronic Articles 585.76 506.62 CHF Million Sep/20
Vehicles 405.64 342.29 CHF Million Sep/20
Rubber & Plastic 279.67 225.31 CHF Million Sep/20
Generation of Current, Electric Motors 248.05 192.74 CHF Million Sep/20
Wearing Apparel 230.46 188.19 CHF Million Sep/20
Metal Working Machines 215.10 162.82 CHF Million Sep/20
Clothing 192.17 155.86 CHF Million Sep/20
Machines 184.54 116.77 CHF Million Sep/20

United Nations Comtrade Database
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