Trade Resources Economy Brief Report of Switzerland's Trade in July 2016

Brief Report of Switzerland's Trade in July 2016

According to the statistics of Switzerland’s customs, its volume of goods trade was USD326.71 billion from January to July in 2016, up 2.8% year-on-year (the same below). Exports grew by 1.9% to USD172.29 billion, and imports grew by 3.9% to USD154.42 billion. The trade surplus was USD17.88 billion, down 12.5%.

In July, Switzerland’s volume of goods trade grew by 4.9% to USD49.07 billion. Exports grew by 3.8% to USD26.78 billion and imports grew by 6.2% to USD22.29 billion. And the trade surplus fell by 6.5% to USD4.49 billion.

Since January to July, bilateral trade volume between Switzerland and China grew by 5.5% to USD19.41 billion. Switzerland’s exports to China grew by 11.0% to USD12.42 billion. It accounted for 7.2% of Switzerland’s overall export, up 0.6%. And Switzerland’s imports from China fell by 3.0% to USD6.99 billion. It accounted for 4.5% of Switzerland’s overall imports, down 0.3% over the previous year. Switzerland’s trade surplus with China grew by 36.3% to USD5.43 billion.

China was the 4th export market of Switzerland and its 7th largest source of imports up to July in 2016.

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