In the first month of 2022 the development of Foreign Trade was contradictory. Wheras the exports (seasonally adapted) were decreasing by 1.6 %, the imports were growing by markedly 7.0 %. Contradictory were also prices. Import prices increased contrary export goods were totally down, thus instead of the normal deficit resulted a surplus of CHF 2.2 billion.
Exports of Machinery and Electronics increased by a tenth. Deliveries to trhe United Kingdom grew by 22.5 %, export of watches registered the third monthly minus en suite. Exports to the USA sank by a fifth.
Total Swiss Exports in January 2022 amounted to 20898 million or nnominally -1.5 %, and real + 2.3 %. Total imports amounted to 18688 million, thius a pluis of 7.0 % nominally, and in real terms resultet -0.7 %.
Textiles, Clothing and Footwear were exported in January 2022 in the value of CHF 394 million, CHF 12 million less than in December of 2021, thus nominally -2.9 %, and in real terms -3.6 %. The imports in the first month of 2022 amounted to CHF 985 million or less CHF 33 million or – 3.2 % nominally and in real terms -3.0 %.
These figures derive from the Swiss Custom’s Authorities.