Imports to Switzerland dropped 1.1 percent from a month earlier to CHF 16.7 billion in November 2019, as purchases fell for chemical and pharmaceutical products (-9.0 percent) and energy products (-16.2 percent). On the other hand, imports rose for machinery and electronics (0.7 percent), vehicles (20.8 percent), jewellery (3.5 percent), metals (0.1 percent), textiles, clothing, footwear (2.0 percent), food, beverages and tobacco (0.4 percent), and precision instruments (2.6 percent). Among major trade partners, imports were down from Germany (-0.7 percent), Italy (-1.7 percent), France (-1.2 percent), Belgium (-0.9 percent), Austria (-9.0 percent), Ireland (-30.1 percent), the UK (-4.2 percent), Japan (-27.0 percent), Hong Kong (-7.6 percent), Singapore (-51.4 percent), and the Middle East (-0.9 percent). By contrast, imports increased from China (0.2 percent), the US (56.9 percent), Spain (9.3 percent), and the Netherlands (0.3 percent). Imports in Switzerland averaged 6589.88 CHF million from 1950 until 2019, reaching an all time high of 17704.58 CHF million in January of 2018 and a record low of 273.20 CHF million in February of 1950.

Imports in Switzerland is expected to be 18150.00 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 19980.00 in 12 months time. In the long-term, the Switzerland Imports is projected to trend around 21420.00 CHF million in 2020, according to our econometric models.


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Switzerland Imports

Actual Previous Highest Lowest Dates Unit Frequency
16723.15 16911.93 17704.58 273.20 1950 - 2019 CHF million Monthly
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Switzerland Imports
In 2018, Swiss imports rose the most since 2010 and surpassed the CHF 200 billion mark for the first time despite the global economic uncertainties. Main imports were: chemical and pharmaceutical products (25 percent of total imports), of which medicines (10 percent); machines and electronics (16 percent); vehicles (10 percent); jewellery (8 percent); metals (8 percent); textiles, clothing and shoes (6 percent); food, beverages and tobacco (5 percent) and energy sources (5 percent). Swiss main import partners were: Germany (27 percent of total imports), Italy (9 percent), France (8 percent), China (7 percent), the US (6 percent), Ireland, Austria and the UK (4 percent each).

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 Imports by Category Last Previous
Total 1 (wda) 17213.59 18072.20 CHF Million Nov/19
Total 1 16723.15 16951.47 CHF Million Nov/19
Consumer Goods 8423.60 9689.70 CHF Million Nov/19
Investment Goods 4373.40 4300.20 CHF Million Nov/19
Chemical Products 3945.60 4818.00 CHF Million Nov/19
Raw Materials & Semi Finished Goods 3447.60 3887.43 CHF Million Nov/19
Semi-manufactures & Intermediate Prds. 3309.02 3735.06 CHF Million Nov/19
Machines & Apparatus 3190.41 3373.85 CHF Million Nov/19
Machines & Electronic Equipment 2882.50 2957.70 CHF Million Nov/19
Medicine Goods Incl. Sanitary Articles 2879.59 3546.46 CHF Million Nov/19
Precision Instruments & Watches 2333.10 2850.20 CHF Million Nov/19
Vehicles 1876.30 1688.30 CHF Million Nov/19
Agriculture & Forestry 1279.50 1312.30 CHF Million Nov/19
Jewelry & Related Articles 1276.76 1653.68 CHF Million Nov/19
Metal Products 1193.60 1309.50 CHF Million Nov/19
Textiles, Wearing Apparel & Shoes 1040.69 1090.34 CHF Million Nov/19
Machines & Devices 952.96 1000.97 CHF Million Nov/19
Personal Automobiles 913.51 1009.38 CHF Million Nov/19
Chemicals Semi-manufactures 898.54 1095.64 CHF Million Nov/19
Clothing & Shoes 854.46 885.41 CHF Million Nov/19

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