- Analytics
- News and Tools
- Market News
- Switzerland's trade surplus declined moderately in May
Switzerland's trade surplus declined moderately in May
According to the report from Federal Statistical Office, in May 2019, the slowdown continued in both trading directions. For example, exports fell by 0.5 percent for the third time in succession. By contrast, imports grew by 0.9 percent. The trade balance showed a surplus of 1.7 billion francs compared to .1.9 billion francs in April.
In May 2019, exports recorded seasonally adjusted - 0.5 percent (real: - 1.2 percent) - the third monthly decline in a row. As a result, exports have tended to decline slightly overall since the beginning of the year. Meanwhile, imports increased by 0.9 per cent (in real terms: + 0.7 per cent), meaning that they have been on an upward trajectory since November 2018 - albeit now slowing. The surplus on the trade balance was 1.7 billion francs.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
