Swiss Exports Show Sharp Decline in Early 2025

January 2025 sees 6.9% drop in Swiss exports, primarily driven by chemical-pharmaceutical sector downturn despite machinery and watch industry growth.

Key Takeaways

AI

Swiss exports declined by 6.9% in January 2025 compared to December 2024
Chemical-pharmaceutical sector saw a 12.5% decline
Watch exports reached highest level since August 2024
Trade balance surplus decreased to CHF4.3 billion

By The Numbers

CHF22.7 billion

Total exports in January 2025

CHF18.7 billion

Total imports in January 2025

+44%

Growth in jewelry and jewelry goods exports

-18%

Decline in exports to North America

They Said

"The customs office speaks of a 'distorted' overall picture"
— Swiss customs administration

1

Sharp Decline in Swiss Exports

2

Chemical-Pharmaceutical Sector Leading the Decline

3

Mixed Performance Across Industries

4

Regional Trade Impact

5

Economic Implications

Sources & References

Swiss exports fell significantly at the start of 2025

SWI swissinfo.ch

Filed Under

economy trade industry exports

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