Imports to Switzerland dropped 21.9 percent from a month earlier to CHF 12.38 billion in April 2020, the lowest level since July 2005. That was also the largest monthly decline in decades as the lockdown measures imposed to contain the coronavirus pandemic weighed on domestic demand. Purchases were down for chemical & pharmaceutical products (-16.1 percent), machines & electronics (-9.2 percent), metals (-16.5 percent), food & beverage (-5.6 percent) and vehicles (-54.3 percent). Among key trading partner, imports fell from the Euro Area (-21.3 percent), in particular from Germany (-13.3 percent), Italy (-27.9 percent), France (-40.7 percent) and Austria (-22.2 percent). Purchases also decreased from the UK (-10.1 percent), the US (-20.5 percent), Japan (-10.5 percent), Singapore (-3.7 percent), Hong Kong (-84.4 percent) and the Middle East (-83.3 percent), while increases were seen in imports from China (14.4 percent) and South Korea (7.2 percent).

Imports in Switzerland averaged 6642.98 CHF million from 1950 until 2020, reaching an all time high of 17656.68 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 June of 2020.

Imports in Switzerland is expected to be 12420.00 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 17120.00 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
12379.70 15851.28 17656.68 273.20 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 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 12379.71 15849.16 CHF Million Apr/20
Total 1 (wda) 12199.24 17110.21 CHF Million Apr/20
Consumer Goods 6108.30 9560.30 CHF Million Apr/20
Chemical Products 4212.50 5261.80 CHF Million Apr/20
Medicine Goods Incl. Sanitary Articles 3250.83 4171.96 CHF Million Apr/20
Raw Materials & Semi Finished Goods 2925.83 3552.21 CHF Million Apr/20
Investment Goods 2836.30 3592.50 CHF Million Apr/20
Semi-manufactures & Intermediate Prds. 2776.75 3393.78 CHF Million Apr/20
Machines & Apparatus 2345.15 2870.03 CHF Million Apr/20
Machines & Electronic Equipment 2114.80 2516.90 CHF Million Apr/20
Agriculture & Forestry 1211.20 1344.80 CHF Million Apr/20
Metal Products 928.20 1202.60 CHF Million Apr/20
Textiles, Wearing Apparel & Shoes 881.34 854.40 CHF Million Apr/20
Chemicals Semi-manufactures 817.73 925.96 CHF Million Apr/20
Precision Instruments & Watches 748.00 2588.10 CHF Million Apr/20
Machines & Devices 740.14 959.16 CHF Million Apr/20
Food 614.74 653.39 CHF Million Apr/20
Vehicles 572.00 1389.00 CHF Million Apr/20
Clothing & Shoes 566.68 661.51 CHF Million Apr/20
Semi-manufactures Made of Metal 533.91 699.89 CHF Million Apr/20

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