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Swiss trade surplus widens to 3.51 bln Sfr in July

Swiss trade surplus widens to 3.51 bln Sfr in July

ZURICH: Exports from Switzerland rose year on year by a real, work-day adjusted 0.6 percent in July to 19.1 billion Swiss francs ($19.8 billion), the Federal Customs Office said on Tuesday. Overall Switzerland ran a merchandise trade surplus of 3.51 billion Swiss francs in July. Watch exports rose 3.6 percent year on year in nominal terms to 1.70 billion francs.

KEY FIGURES (millions of Swiss francs) July 2017 June 2017 July 2016 Imports 14,836 16,035 14,854 Exports 18,347 18,799 17,596 Balance 3,511 2,764 2,742 The figures exclude precious metals and stones, works of art and antiques.