Switzerland balance of trade

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Switzerland balance of trade: 4900.15 (18.69%)
Last Update: June 30, 2024

Switzerland balance of trade closed down 4900.15 as of June 30, 2024 from 4128.45 from the previous month and 3255.41 from last year.


Switzerland balance of trade Analytics & Data




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Switzerland balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Switzerland balance of trade

DateValues
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
2022-10-31 3093.37
2022-09-30 3004.22
2022-08-31 2569.84
2022-07-31 2133.4

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Switzerland balance of trade Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
balance of tradech.balanceoftrade4128.453909.556-2UPDown402024-05-31

Switzerland balance of trade 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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