Sunday 19.05.2013  
 
 
 

By the numbers

Charting the ups and downs of exports

Business  
Export-eng

June 27, 2012 - 11:00

In 2011, exports from Switzerland rose by 2.1 per cent to SFr197.6 billion ($205.4 billion).

Analysts say the negative impact of the strong franc was not as damaging as it could have been thanks to exchange rate insurance that many Swiss firms bought. However, these policies have now expired.

Swiss exports have dipped significantly this year, down 5.5 per cent in the first five months of 2012. The export sector expects the downward spiral for goods headed to European trading partners to continue, or at best sales to stagnate. It forecasts continued growth in other markets.

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