Balance of trade · Switzerland
Switzerland Balance of Trade
The Switzerland Balance of Trade shows the difference between the value of goods (and sometimes services) that Switzerland sells abroad and what it buys from abroad, or the growth of exports and imports.
- Wichtigkeit
- Medium
- Veröffentlicht
- Monthly
- Nächste Veröffentlichung
- Währung
- CHF · Swiss franc
- Zentralbank
- The Swiss National Bank
Neueste Zahlen
Die letzte Veröffentlichung, für SEP, erschien am 2026-10-20 und lag bei CHF1.4B.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 20 Oct 2026 | SEP | CHF1.4B | – | CHF5.4B ® |
| 17 Sep 2026 | AUG | CHF5.6B | – | CHF8.1B |
| 20 Aug 2026 | JUL | CHF8.1B | – | CHF3.8B |
| 21 Jul 2026 | JUN | CHF3.8B | – | CHF5.5B ® |
| 18 Jun 2026 | MAY | CHF5.6B | – | CHF3.3B ® |
| 2 Jun 2026 | APR | CHF3.2B | – | CHF2.6B ® |
| 21 Apr 2026 | MAR | CHF2.7B | – | CHF4.3B ® |
| 19 Mar 2026 | FEB | CHF4.4B | – | CHF3.5B ® |
| 19 Feb 2026 | JAN | CHF3.6B | – | CHF2.9B ® |
| 29 Jan 2026 | DEC | CHF3B | – | CHF3.9B ® |
| 18 Dec 2025 | NOV | CHF3B | – | CHF2.5B ® |
| 20 Nov 2025 | OCT | CHF2.6B | – | CHF2.7B ® |
Warum es wichtig ist
Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Swiss franc; strong imports signal domestic demand. China's figures are read as a gauge of world demand.
So wird gerechnet
Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.
Trade balance = exports − importsWas Veränderungen bedeuten
- Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
- Exchange-rate moves take months to affect trade volumes (the J-curve).
Höher als erwartet: A larger surplus (or smaller deficit) than expected tends to support the Swiss franc.
Niedriger als erwartet: A smaller surplus (or larger deficit) than expected tends to weigh on the Swiss franc.
Eine kurze Geschichte
Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.
Fragen
What is the Switzerland Balance of Trade?
The Switzerland Balance of Trade shows the difference between the value of goods (and sometimes services) that Switzerland sells abroad and what it buys from abroad, or the growth of exports and imports.
What was the latest Switzerland Balance of Trade?
CHF1.4B for SEP, published on 20 October 2026.
When is the next Switzerland Balance of Trade?
On Thursday 19 November 2026 at 07:00 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.