Figures on SMEs: Exports

To what regions does Swiss industry export and how is the trade balance of the country changing? Here is a presentation of detailed figures.

Exports play a major role in the Swiss economy. Between 1980 and 2020, exports more than quintupled, increasing from CHF 45 billion to CHF 225 billion, while imports quadrupled, rising from CHF 54 billion to CHF 182 billion, according to the Analysis of Swiss Foreign Trade in 2020 performed by the Federal Customs Administration (FCA). The surplus trade balance was thus at CHF 43 billion in 2020, despite a historic drop provoked by the impact of the Covid-19 pandemic.

Trade balance
Source: FCA, Analysis of Swiss Foreign Trade in 2020 (next publication: 2022)

With regard to exports, Germany is Switzerland's primary trading partner followed by the United States, China and Italy, according to the FCA. Exports to North America doubled between 2010-2020, reaching 19% of total exports (+8 percentage points) notably due to the impetus of the United States.

Swiss exports
Source: FCA, Exports by Economic Zone and Country of Destination, 2020 (next publication 2022)

Switzerland exports, first and foremost, chemical products, precision instruments, timekeeping products, machines and electronics.



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Last modification 25.10.2021

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