Switzerland January trade balance CHF 3.18 billion vs CHF 3.69 billion prior

• Prior CHF 3.69 billion; revised to CHF 3.54 billion

Exports were seen up 1.6% on the month while imports were up by 3.9% on the month, leading to the drop in trade surplus. Overall, trade conditions continue to mark a steady progression and that is a positive amid the pandemic recovery.