Swiss Trade Surplus Grows In Q3
5 Articles
5 Articles
In the third quarter, sales rose from 2.6% to almost 75 billion francs. Chemistry and pharmacy remain the backbone of this dynamic, while Europe compensates for the US decline Swiss exports increased by 2.6% in the third quarter, to 74.98 billion Swiss francs (almost 80.9 billion euros), confirming the recovery in foreign trade begun in the previous quarter, announced this Tuesday the customs.Imports reached a record level, rising by 1.8% compar…
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Swiss Trade Surplus Grows In Q3
Switzerland's foreign trade surplus increased in the third quarter as exports grew faster than imports. The trade surplus dropped to CHF 14.0 billion in the third quarter from CHF 13.2 billion in the second quarter. In real terms, exports rebounded 3.3 percent over the quarter versus a 0.8 percent decline in the June quarter.
The Swiss economy reinforces its commercial strength with exports of 75 billion francs in the third quarter, although the record of imports and the sharp increase in purchases in September anticipate new tensions.
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