Financial News: Swiss Trade Surplus Grows In April

Swiss Trade Surplus Grows In April

05/27/2025 - 03:27:00 (RTTNews)

(RTTNews) - Switzerland's foreign trade surplus increased in April from a month earlier as imports fell faster than exports, data from the Federal Customs Administration showed on Tuesday.

The trade surplus rose to CHF 6.3 billion in April from CHF 5.4 billion in March.

In real terms, exports dropped 3.3 percent over the month, reversing a 5.4 percent increase in March. Imports slumped 10.0 percent after rising 5.0 percent in the prior month.

The overall decline in exports was driven by 10.3 percent fewer shipments of chemical and pharmaceutical products, and the imports of the same were 34.4 percent lower in April compared to last year.

In nominal terms, both exports and imports plunged by 9.2 percent and 15.6 percent, respectively.

According to the Federation of the Swiss Watch Industry, watch exports logged record growth of 18.2 percent year-on-year in April, largely driven by an exceptional increase in exports to the United States, which were up by 149.2 percent.

The surge in exports to the US was mainly the result of early shipments, motivated by the increase in US customs duties.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Russia Slashes Interest Rates Again On Easing Price Pressures (01 hr(s), 38 min(s), 25 sec(s) ago)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story»

UK Retail Sales Rebound As Warm Weather Boosts Spending (03 hr(s), 05 min(s), 25 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story»

Eurozone Bank Lending Growth Improves (03 hr(s), 58 min(s), 25 sec(s) ago)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story»

Russia Central Bank Cuts Interest Rate By 200 Bps (04 hr(s), 59 min(s), 25 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story»

German Business Sentiment Strongest In More Than A Year (05 hr(s), 37 min(s), 25 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (06 hr(s), 27 min(s), 25 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (07 hr(s), 58 min(s), 25 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (08 hr(s), 55 min(s), 25 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»