Switzerland balance of trade

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Switzerland balance of trade: 5974.29 (53.06%)
Last Update: October 31, 2024

Switzerland balance of trade closed down 5974.29 as of October 31, 2024 from 3903.13 from the previous month and 3401.72 from last year.


Switzerland balance of trade Analytics & Data




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Switzerland balance of trade

Date Values
2024-10-31 5974.29
2024-09-30 3903.13
2024-08-31 3856.89
2024-07-31 4102.84
2024-06-30 4900.15
2024-05-31 4128.45
2024-04-30 3909.55
2024-03-31 2845.26
2024-02-29 2233.03
2024-01-31 2834.72
2023-12-31 1374.49
2023-11-30 2014
2023-10-31 3401.72
2023-09-30 5015.42
2023-08-31 3062.49
2023-07-31 2305.72
2023-06-30 3255.41
2023-05-31 4221.58
2023-04-30 2165.63
2023-03-31 3128.54
2023-02-28 2486.76
2023-01-31 3138
2022-12-31 2614
2022-11-30 468.93

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Switzerland balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade ch.balanceoftrade 5974.29 3903.13 53 76 UP UP 87 2024-10-31

Switzerland balance of trade Quantitative Analysis, Charts & Factors

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Switzerland balance of trade Historical Data

The MacroVar database offers free access to historical data for the Switzerland balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Switzerland balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Switzerland balance of trade

Switzerland's balance of trade refers to the difference between the value of the country's exports and imports of goods and services. A positive balance of trade occurs when a country exports more than it imports, while a negative balance of trade occurs when a country imports more than it exports. Switzerland is known for having a strong balance of trade, as the country is a major exporter of high-quality products such as watches, pharmaceuticals, and machinery. This has helped Switzerland maintain a positive balance of trade and contribute to its overall economic stability and growth. Additionally, Switzerland's strong balance of trade has also allowed the country to accumulate foreign reserves and invest in research and development, further strengthening its economy.

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