Imports to Switzerland fell 1.8 percent from a month earlier to CHF 14.9 billion in August 2020. Purchases declined for chemical & pharmaceutical products (-14.4 percent), machines & electronics (-1.5 percent), vehicles (-3.7 percent), precision instruments (-4.9 percent), and textiles and footwear (-4.7 percent). Imports were down from the Euro Area (-5.9 percent), China (-8.0 percent), Singapore (-22.4 percent), but were up from the UK (3.5 percent), Japan (9.7 percent), the US (4.3 percent).

Imports in Switzerland averaged 6680.98 CHF million from 1950 until 2020, reaching an all time high of 17737.42 CHF million in June of 2018 and a record low of 273.20 CHF million in February of 1950. This page provides - Switzerland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Imports - values, historical data and charts - was last updated on September of 2020.

Imports in Switzerland is expected to be 14180.00 CHF million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Switzerland to stand at 18500.00 in 12 months time. In the long-term, the Switzerland Imports is projected to trend around 18420.00 CHF million in 2021 and 21520.00 CHF million in 2022, according to our econometric models.

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Switzerland Imports

Actual Previous Highest Lowest Dates Unit Frequency
14914.47 15182.28 17737.42 273.20 1950 - 2020 CHF million Monthly
SA

Switzerland Trade Last Previous Highest Lowest Unit
Balance of Trade 3413.62 2489.22 4153.71 -1478.68 CHF Million [+]
Current Account 17359.51 20915.82 25032.31 -2851.91 CHF Million [+]
Current Account to GDP 10.20 6.70 14.80 -0.60 percent [+]
Imports 14914.47 15182.28 17737.42 273.20 CHF million [+]
Exports 18328.09 17671.50 20688.52 245.90 CHF million [+]
External Debt 1938247.20 1883924.30 1938247.20 768352.30 CHF Million [+]
Terms of Trade 117.96 119.01 127.67 74.27 points [+]
Capital Flows -1331.51 21844.03 45027.22 -54755.04 CHF Million [+]
Foreign Direct Investment 1295914.40 1088433.00 1295914.40 20958.90 CHF Million [+]
Tourist Arrivals 716.00 307.00 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 3611.34 3709.11 5020.43 999.10 CHF Million [+]
Weapons Sales 243.00 184.00 530.00 18.00 USD Million [+]


Switzerland Imports
In 2019, imports to Switzerland reached a record high of CHF 275 billion despite the global uncertainty surrounding trade disputes and the world economy. Main imports were: natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin (31 percent of total imports); pharmaceutical products (11 percent); nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (7 percent); vehicles (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 (5 percent); organic chemicals (5 percent); mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (3 percent); and optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (3 percent). Germany was the biggest source of imports (21 percent of total imports), followed by Italy (8 percent), France and the US (7 percent each), the UK and China (6 percent each), the UAE (5 percent), Austria and Ireland (3 percent each), Spain, Thailand, the Netherlands, Belgium and Japan (2 percent each).
Switzerland Imports by Category Last Previous
Total 1 14914.47 15123.81 CHF Million Aug/20
Total 1 (wda) 13305.79 15579.48 CHF Million Aug/20
Consumer Goods 6919.70 8658.60 CHF Million Aug/20
Chemical Products 3421.40 123.60 CHF Million Aug/20
Investment Goods 3048.80 3874.10 CHF Million Aug/20
Raw Materials & Semi Finished Goods 2789.81 3161.06 CHF Million Aug/20
Semi-manufactures & Intermediate Prds. 2670.01 3032.21 CHF Million Aug/20
Medicine Goods Incl. Sanitary Articles 2568.01 3748.59 CHF Million Aug/20
Machines & Apparatus 2452.07 2992.25 CHF Million Aug/20
Machines & Electronic Equipment 2245.10 578.30 CHF Million Aug/20
Precision Instruments & Watches 1659.80 90.60 CHF Million Aug/20
Agriculture & Forestry 1078.10 15.10 CHF Million Aug/20
Vehicles 1064.40 25.40 CHF Million Aug/20
Textiles, Wearing Apparel & Shoes 946.02 353.42 CHF Million Aug/20
Metal Products 931.80 66.00 CHF Million Aug/20
Jewelry & Related Articles 897.91 771.86 CHF Million Aug/20
Machines & Devices 777.98 974.84 CHF Million Aug/20
Clothing & Shoes 749.29 828.51 CHF Million Aug/20
Chemicals Semi-manufactures 707.35 765.95 CHF Million Aug/20
Personal Automobiles 609.70 851.19 CHF Million Aug/20

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