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19.02.202607:18:01UTC+00Swiss Trade Surplus Expands in January

Switzerland’s trade surplus widened to CHF 3.6 billion in January 2026, up from a downwardly revised CHF 2.9 billion in December, as exports increased and imports declined. Exports rose 2.3% month-on-month to CHF 23.0 billion, driven primarily by a 4.9% rebound in chemical and pharmaceutical shipments, following a 10.6% plunge in the previous month. Exports of machinery, electronics, and equipment also advanced, up 2.0%. In contrast, imports slipped 0.9% to CHF 19.4 billion, weighed down mainly by a 1.1% decrease in purchases of machinery, electronics, and equipment, which more than offset a modest 0.1% increase in imports of chemical and pharmaceutical products.

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