• Swiss trade balance surplus in line with expectations in September

Market news

18 October 2018

Swiss trade balance surplus in line with expectations in September

After one and a half years of continuous growth offoreign trade, Swiss Exports declined in the third quarter of 2018 compared to the previous record-high quarter by 2.9 percent. Nevertheless, they remained above the 54 billion franc mark. Imports sank at a high level of 1.5 percent, which corresponds to 768 million Swiss francs. The trade balance resulted in a surplus of 3.5 billion francs. After six quarters of positive growth, exports in the third quarter of 2018 were seasonally adjusted down 2.9 percent on the previous quarter (real: - 2.3 percent).

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