In April, Switzerland's foreign trade surplus experienced a notable rise from the previous month, driven by a more significant increase in exports compared to imports, according to data released on Thursday by the Federal Customs Administration.
The trade surplus expanded to CHF 3.9 billion in April, up from CHF 3.1 billion in March.
On a real terms basis, exports jumped by 9.6 percent in April, reversing the 2.2 percent decline observed in March. Imports saw a growth of 3.2 percent, recovering from a 1.9 percent drop in the previous month.
The export of bijouterie and jewelry led the surge with a 30.4 percent increase over the month, while chemical and pharmaceutical items followed closely with a 20.3 percent rise.
In nominal terms, both exports and imports increased by 9.1 percent and 5.9 percent, respectively.
Furthermore, data from the Federation of the Swiss Watch Industry highlighted a 4.5 percent year-on-year rise in watch exports for April. Watches crafted from precious metals and bimetallic materials primarily drove this growth.
