SZ Trade Balance
It’s a leading indicator of consumer demand – a rising surplus indicates that foreigners are buying more of the country's resources;
A positive number indicates that more goods were exported than imported. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported;
- SZ Trade Balance Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Oct 17, 2024 | 4.95B | 4.85B | 4.74B |
Sep 19, 2024 | 4.58B | 5.05B | 4.88B |
Aug 20, 2024 | 4.89B | 5.44B | 6.12B |
Jul 18, 2024 | 6.18B | 5.05B | 5.79B |
Jun 20, 2024 | 5.81B | 3.84B | 4.34B |
May 30, 2024 | 4.32B | 3.98B | 3.77B |
Apr 18, 2024 | 3.54B | 3.22B | 3.68B |
Mar 19, 2024 | 3.66B | 3.50B | 4.70B |
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- SZ Trade Balance News
In August, the Swiss export industry continued the decline that has been ongoing for several months and sold slightly fewer goods abroad. Once again, the decline in exports of chemical-pharmaceutical products in particular pushed exports into negative territory.In total, exports amounted to CHF 22.13 billion in August, as reported by the Federal Office for Customs and Border Security (FOCBS) on Thursday. Seasonally adjusted, exports thus fell by 1.2 percent compared to the previous month. In real terms - i.e. adjusted for price ...
Monthly Swiss watch exports posted a surprise gain in April as a revival in demand for premium and luxury timepieces in the US and Japan offset continued weakness from China. Shipments rose 4.5 per cent by value to 2.1 billion Swiss francs (S$3.1 billion) in April from a year earlier, the Federation of the Swiss Watch Industry said on Thursday (May 30). The increase follows a sharp drop the month before. They were helped by an 11.6 per cent jump in exports to the US, the biggest market for Swiss watches, which reversed a fall ...
Swiss gold exports fell slightly in December vs November amid lower shipments to India and high prices, customs data showed on Tuesday. Switzerland is the world's biggest bullion refining and transit hub, while India and China are the largest consumer markets where local demand depends on the season and is sensitive to high gold prices. Gold prices XAU= hit a record of $2,135.40 per troy ounce in December and have held above the $2,000 psychological level so far this year. Reuters' latest poll of analysts expects the precious metal ...
Swiss watch exports rose in August, rebounding from a July decline that marked the first monthly drop in more than two years. Shipments rose by 4% last month to 1.8 billion francs ($2 billion), with the US, the top export market for the country’s timepieces, driving the increase with a 13.5% rise, the Federation of the Swiss Watch Industry said Tuesday. The bounceback shows demand remains solid despite higher prices and slowing economic growth. The industry is still on track for a better performance than 2022, when exports hit a ...
Swiss gold exports fell to their lowest in ten months in April as shipments to India, China and Turkey shrank, Swiss customs data showed. The decline coincided with a period of very high bullion prices, which tend to suppress consumer demand, particularly in Asia. Turkey has also imposed some restrictions on gold imports after a devastating earthquake in February. Switzerland is the world’s biggest bullion refining and transit hub. China and India are the largest consumer markets for gold and Turkey has been a major importer in ...
Swiss exports of gold to countries including China, Turkey, Singapore and Thailand surged to multi-year highs last year, Swiss customs data showed on Tuesday, as low prices boosted demand from consumers in Asia and the Middle East. Rising interest rates caused many financial investors in Europe and North America to sell gold in 2022, releasing large amounts of metal from storage and pushing down prices. This allowed bullion to flow to Asian markets, which are more focused on retail of jewellery and small gold bars to consumers who ...
Swiss watch exports jumped to a record high in November as Americans snapping up pricey timepieces outweighed slumping demand from China. Shipments rose 10.9% to a monthly record of 2.4 billion francs ($2.6 billion) last month, the Federation of the Swiss Watch Industry said Thursday. Exports totaled 22.9 billion francs from January to November, an 11.9% rise and on track for the industry’s best year ever. Retailers in Qatar stocked up on expensive watches ahead of the World Cup, the data show, with exports soaring 112% to 36 million ...
Swiss watch exports grew at a slower pace in October as shipments to China declined, suggesting a slight moderation in demand for high-end timepieces. Shipments rose 6.7% to 2.27 billion francs ($2.4 billion) last month, the Federation of the Swiss Watch Industry said Thursday. Exports are up 12% in the first ten months of the year, on track for a record. Demand for luxury watches has risen to record levels after more cash-flush consumers discovered Swiss brands from Rolex and Omega to Patek Philippe while stuck at home during the ...
Released on Sep 19, 2024 |
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Released on May 30, 2024 |
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Released on Sep 19, 2023 |
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Released on Jun 1, 2023 |
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Released on Jan 24, 2023 |
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Released on Dec 20, 2022 |
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Released on Nov 17, 2022 |
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