Trade Balance in Switzerland

Switzerland Trade Balance | Economic News & Forecasts

Switzerland - Trade Balance

In Q1, the economy likely recorded a mild expansion that was broadly in line with the European average. The lifting of virtually all Covid-19 restrictions from mid-February should have aided domestic demand, offsetting a more adverse external panorama following the outbreak of the war in Ukraine. Looking at available indicators, the manufacturing PMI averaged slightly lower in Q1 than in Q4 and the KOF Barometer declined through March. In contrast, the services PMI averaged higher in Q1 as the impact of the pandemic faded. Turning to Q2, in April both the manufacturing and services PMIs fell to their lowest levels since early 2021. However, they continued to point to robust growth in the economy. Moreover, while inflation has picked up it remains the lowest in Western Europe, which should be supporting consumer spending.

Switzerland - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)36.8  32.8  29.7  31.2  36.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Switzerland Trade Balance Chart


Switzerland Trade
Note: Trade balance (in USD bn).
Source: Swiss Federal Statistics Office (BFS).

Switzerland Facts

Value Change Date
Bond Yield-0.516.27 %Jan 01
Exchange Rate0.97-0.54 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form