Swiss Trade Monitor - 3rd Quarterly Report 2025
Type
discussion paper
Date Issued
2025-10-21
Author(s)
Abstract
The Quarterly Reports of the Swiss Trade Monitor document time trends in Switzerland's foreign goods and services trade of the most recent completed quarter. Not only are exports and imports considered in total, but these are broken down to provide a detailed analysis of Switzerland's trade development with its largest trading partners and most important product groups. Due to differences in data release schedules, the third edition of 2025 sheds light on the first three quarters of the year for goods trade and the first two quarters for services trade. Here are key observations:
-- The value of Switzerland's foreign goods trade in the first three quarters of 2025 was about 4.4 percent higher than in 2024. Exports grew 4.6 percent while imports increased by 4.2 percent.
-- Chemicals and pharma exports stand out with high values in Q1 of 2025 but falling since --- Q3 2025 was below the previous year.
-- Among trade partners, Slovenia and the US stand out for high Swiss export growth in the past twelve months. Imports from Singapore fell by about two thirds, driven by chemicals and pharmaceuticals.
-- Exports of services in Q2 of 2025 were 3 percent lower than 2024 while imports fell 6 percent.
-- The decline in Swiss services imports is driven by transportation services in particular.
-- The value of Switzerland's foreign goods trade in the first three quarters of 2025 was about 4.4 percent higher than in 2024. Exports grew 4.6 percent while imports increased by 4.2 percent.
-- Chemicals and pharma exports stand out with high values in Q1 of 2025 but falling since --- Q3 2025 was below the previous year.
-- Among trade partners, Slovenia and the US stand out for high Swiss export growth in the past twelve months. Imports from Singapore fell by about two thirds, driven by chemicals and pharmaceuticals.
-- Exports of services in Q2 of 2025 were 3 percent lower than 2024 while imports fell 6 percent.
-- The decline in Swiss services imports is driven by transportation services in particular.
Language
English (United States)
Pages
156
File(s)![Thumbnail Image]()
Name
Swiss-Trade-Monitor_Quarterly-Report-2025-Q3.pdf
Size
27.86 MB
Format
Adobe PDF
Checksum (MD5)
81d6d4996b1733d0055844be70523c40