Switzerland's foreign trade surplus increased in November, as imports fell faster than exports, the State Secretariat for Economic Affairs said Tuesday.

The trade surplus rose to CHF 3.6 billion in November from CHF 2.7 billion in October. Economists had expected the surplus to climb to CHF 3.56 billion.

In real terms, exports dropped 0.4 percent month-over-month in November and their by reaching at its lowest level since September 2015. Imports declined 4.2 percent over the month, rttnews says.