Navigation

Swiss exports reach three-year high

Strong domestic consumption and healthy demand abroad portend a bumper year for Swiss foreign trade. Latest figures show that trade expanded more in the first nine months than in the whole of last year.

This content was published on October 24, 2000 - 11:23

Domestic demand has stimulated imports, while exports have shown their best performance for three years.

The Finance Ministry on Tuesday released figures showing that nominal imports rose by 13.2 per cent (real 6.9 per cent) during the nine months to SFr93.93 billion ($52.18 billion).

Exports increased by 12.4 per cent (real 8.4 per cent) to reach almost SFr93 billion. The Ministry said that the trade deficit was SFr935.8 million, four times higher than a year ago.

It added that prices for both imports and export rose considerably, in part due to higher prices for petroleum products.

In exports, the metal, machine, watches and electronics sectors showed high growth rates, while chocolate and cheese recorded losses.

Strong import growth was recorded in the electric and electronic branches, software and jewellery.

swissinfo with agencies

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

Sort by

Change your password

Do you really want to delete your profile?

Your subscription could not be saved. Please try again.
Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.

Discover our weekly must-reads for free!

Sign up to get our top stories straight into your mailbox.

The SBC Privacy Policy provides additional information on how your data is processed.