Switzerland again with less textile machinery exports in May, but better textile trade

Switzerland again with less textile machinery exports in May, but better textile trade

According to Custom Authority readings, the export of textile machinery in May suffered of a another decline, whereas textiles, clothing and footwear exports increased

Swiss textile machinery exports diminished in real terms in May by 23 % or less CHF 20 million to a total of CHF 70 million, compared to the same month in 2015. Working days adjusted the nominal value decreased by 26.1 % and in real terms 27.1 %.

Textiles, Clothing and Footwear exports amounted to CHF 283 million, a plus of 30 million, resulting in a nominal increase of 11.7 % and in real terms of 13.5 % in May and as against May 2015. Working days adjusted the nominal value was + 6.1 % and the real term value +6.9 %.

Switzerland imported clothing in the value of CHF 381 million in May, a plus of CHF 59 million resulting in a nominal value of 18.4 % and in real terms of 17.0 %. Working days adjusted the increase amounts to 12.3 % nominal and 11.0 % in real terms.

Textile imports had a value tag of CHF 168 or a plus of CHF 19 million resulting in an increase of 12.4 % nominal and 9.6 % in real terms, working days adjusted the real nominal growth was 6.9 % and in real terms 4.3 %.

Footwear imports increased by CHF 21 million to a total of CHF 111 million or 22.9 % nominal and 15.4 % in real terms, working days adjusted the increase was 16.6 % nominal and 9.5 % real. Total exports of the two textile sectors and footwear amounted to CHF 659 million, a plus of 98 million and a nominal increase of 17.5 % and 14.6 % real, working day adjusted the plus was CHF 72 million or +11.5 % nominal and +8.8 % in real terms.

Total Swiss Exports amounted to CHF 17252 million, a plus of CHF 1733 million or 11.2 % nominal and 1.4 % real, working days adjusted resulted a plus of CHF 978 million or + 5.7 % nominal and 3,6 % real against May 2015.

Total Swiss Imports were CHF 13466 million, a plus of CHF 1338 million resulting in a plus of 11.0 % nominal and 9.5 % real, working days adjusted resulted a plus of CHF 745 million, an increase of 5.5 % nominal and 4.1 % real.

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