Financial News: Swiss Trade Surplus Shrinks In Q1

Swiss Trade Surplus Shrinks In Q1

04/17/2025 - 04:03:00 (RTTNews)

(RTTNews) - Switzerland's foreign trade surplus decreased in the first quarter as exports fell amid an increase in imports, data from the Federal Customs Administration showed on Thursday.

The trade balance registered a surplus of CHF 13.7 billion, which was below the CHF 14.4 billion logged in the final quarter of 2024. In the same period last year, the surplus was CHF 9.7 billion.

In real terms, exports declined 5.7 percent, reversing a 7.2 percent increase a quarter ago. At the same time, imports rebounded 3.1 percent versus a 0.2 percent drop seen in the previous three-month period.

In March, the trade surplus rose to CHF 5.3 billion from CHF 4.3 billion in February, data showed. In nominal terms, both exports and imports climbed by 12.6 percent and 10.4 percent, respectively, from a month earlier.

Another report from the Federation of the Swiss Watch Industry showed that watch exports increased 1.5 percent annually in March. Nonetheless, the trend for the first quarter as a whole was slightly negative, with a decline of 1.1 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan GDP Flat On Quarter In Q1 (03 min(s), 34 sec(s) ago)
(RTTNews) - Japan's gross domestic product was unchanged on a seasonally adjusted quarterly ba ...Full Story»

Japan GDP Data Due On Monday (01 hr(s), 59 min(s), 34 sec(s) ago)
(RTTNews) - Japan will on Monday release Q1 numbers for gross domestic product, highlighting a bus ...Full Story»

Slovakia GDP Growth Eases As Estimated (08 hr(s), 42 min(s), 34 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (09 hr(s), 27 min(s), 34 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (10 hr(s), 14 min(s), 34 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (10 hr(s), 19 min(s), 34 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (11 hr(s), 22 min(s), 34 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (11 hr(s), 29 min(s), 34 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»