Swiss Export Has Reached a Record in The First Term

by swisscham in BUSINESS NEWS

Swiss export has reached a record of CHF 109, 6 billion during the first semester whilst import hit CHF 90.7 billion, the highest in 8 years. In terms of industry, chemistry/pharmacy shows an increase in export of 7% or CHF 32 billion, reaching a historical level. Export to North America and Asia has increased by 6%. With a raise by a fifth, the turnover with China has reached a new peak. But the Middle East has fallen by 16%. The European continent has increased by 4%. After a bounce back in May, Swiss horology continues to recover. Its deliveries abroad are of 5.3% in June at CHF 1.7 billion. In the first semester, it stagnated (+0,1% at 9,5 billion). China (+21,7%) and the United Kingdom (+16,3%) particularly contributed to the performance. Hong Kong is slightly higher (+0,5%). However, the United States shows a clear fall back (-5,9%).

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