Exports from Switzerland decreased 1.7 percent from a month earlier to CHF 18.9 billion in November 2019, due to lower sales of chemical and pharmaceutical products (-1.9 percent), machinery and electronics (-2.3 percent), watches (-2.9 percent), precision instruments (-1.1 percent), metals (-3.5 percent), jewellery (-7.2 percent), and food, beverages and tobacco (-3.3 percent). Among major trade partners, exports dropped to Germany (-6.7 percent), the UK (-10.7 percent), China (-12.2 percent), Singapore (-2.4 percent), and the Middle East (-5.8 percent). Meanwhile, exports rose to Italy (4.3 percent), France (0.8 percent), Belgium (40.3 percent), Spain (7.0 percent), the Netherlands (11.9 percent), Austria (7.7 percent), the US (2.5 percent), Canada (5.3 percent), Japan (0.4 percent), and Hong Kong (3.8 percent). Exports in Switzerland averaged 6696.21 CHF million from 1950 until 2019, reaching an all time high of 20399.45 CHF million in June of 2019 and a record low of 245.90 CHF million in January of 1950.

Exports in Switzerland is expected to be 22200.00 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 23020.00 in 12 months time. In the long-term, the Switzerland Exports is projected to trend around 23900.00 CHF million in 2020, according to our econometric models.

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Switzerland Exports

Actual Previous Highest Lowest Dates Unit Frequency
18935.30 19269.17 20399.45 245.90 1950 - 2019 CHF million Monthly
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Switzerland Exports
In 2018, Swiss exports rose the most since 2010 and reached a record high of CHF 233 billion despite the global economic uncertainties. Main exports were: chemical and pharmaceutical products (45 percent of total exports), of which medicines (19 percent) and immunological products (12 percent); machines and electronics (14 percent); watches (9 percent); precision instruments (7 percent); metals (6 percent); and jewelry (5 percent). Swiss main export partners were: Germany (18 percent of total exports), the US (16 percent), France and Italy (6 percent each), China (5 percent) and the UK (4 percent).

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 2212.14 2357.24 3238.22 -1478.68 CHF million [+]
Current Account 18091.41 19214.28 25032.31 -2851.91 CHF Million [+]
Current Account to GDP 10.20 6.70 14.80 -0.60 percent [+]
Imports 16723.15 16911.93 17704.58 273.20 CHF million [+]
Exports 18935.30 19269.17 20399.45 245.90 CHF million [+]
External Debt 1884597.80 1839891.70 1893047.80 768352.30 CHF Million [+]
Terms of Trade 120.05 120.29 127.67 74.27 points [+]
Capital Flows 10028.69 2434.09 45027.22 -54755.04 CHF Million [+]
Foreign Direct Investment 1295914.40 1088433.00 1295914.40 20958.90 CHF Million [+]
Tourist Arrivals 1151.00 1607.00 2278.00 600.00 Thousand [+]
Gold Reserves 1040.00 1040.00 2590.18 1039.99 Tonnes [+]
Terrorism Index 0.19 0.13 2.03 0.13 [+]
Tourism Revenues 5020.43 4301.75 5020.43 999.10 CHF Million [+]
Weapons Sales 243.00 184.00 530.00 18.00 USD Million [+]

Switzerland Exports by Category Last Previous
Total 1 18935.30 19340.68 CHF Million Nov/19
Consumer Goods 12925.90 13976.60 CHF Million Nov/19
Non-European Countries 4702.00 5100.50 CHF Million Nov/19
Investment Goods 4487.40 4609.10 CHF Million Nov/19
Raw Materials & Semi Finished Goods 3226.50 3387.70 CHF Million Nov/19
Watches & Clocks 1992.80 2025.20 CHF Million Nov/19
Precision Instruments 1506.20 1510.40 CHF Million Nov/19
Basic Metals 1117.60 1243.70 CHF Million Nov/19
Jewelry & Related Articles 981.07 965.38 CHF Million Nov/19
Metal Goods 841.90 927.16 CHF Million Nov/19
Food Products, Beverage & Tobacco 824.58 878.28 CHF Million Nov/19
Electrical, Electronic Articles 651.61 711.73 CHF Million Nov/19
Vehicles 566.75 538.94 CHF Million Nov/19
Raw & Raw Materials 543.32 449.82 CHF Million Nov/19
Metal Working Machines 302.34 324.09 CHF Million Nov/19
Rubber & Plastic 277.45 304.14 CHF Million Nov/19
Wearing Apparel 248.07 267.19 CHF Million Nov/19
Generation of Current, Electric Motors 243.98 263.63 CHF Million Nov/19
Clothing 210.52 227.16 CHF Million Nov/19
Beverages 168.80 166.08 CHF Million Nov/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category