• Swiss trade balance surplus lower than expected

Market news

21 December 2017

Swiss trade balance surplus lower than expected

Foreign trade developed dynamically in November 2017. Within a year, exports rose by 9.5 per cent on a working day adjusted basis, while imports even grew by 16.4 per cent. Higher prices of goods played an important role here: real exports rose by 4.4 percent and imports by 6.8 percent. The trade balance closed with a surplus of 2.7 billion francs. Compared to the same month last year, exports increased by 9.5 on a working day adjusted basis Percent (real: + 4.4 percent). Relative to October 2017, exports decreased seasonally adjusted by 1.5 percent.

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