Trade Balance in Switzerland

Switzerland Trade Balance | Economic News & Forecasts

Switzerland - Trade Balance

Economic growth slowed only slightly in Q3, although the headline reading was flattered by changes in inventories and statistical discrepancies. Underlying momentum was more subdued, amid a slowdown in private consumption and contractions in public spending, fixed investment and exports. Turning to Q4, available signs suggest that the economy has lost steam amid supply constraints, higher input prices and rising Covid-19 cases: The manufacturing PMI, services PMI and KOF Economic Barometer all fell through November. Moreover, in mid-December the federal government announced a tightening of restrictions to tame the advance of Omicron. Unvaccinated people are now barred from most public venues and citizens must work from home whenever possible, which has likely weighed on activity towards the end of the year.

Switzerland - Trade Balance Data

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

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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

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