Switzerland November trade balance CHF 3.84 billion vs CHF 4.32 billion prior

  • Latest data released by the Federal Statistical Office - 18 December 2025
Switzerland
  • Prior CHF 4.32 billion; revised to CHF 4.20 billion

The Swiss trade surplus narrowed in November as exports were seen down 7.1% on the month while imports fell by 6.8% on the month. The Swiss numbers tend to be rather volatile, as they exclude precious metals and stones, works of art and antiques. As for Swiss watch exports, they are seen down 7.3% year-on-year in nominal terms to CHF 2.25 billion.

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