International Merchandise Trade Statistics: Exports: Commodities for Switzerland
XTEXVA01CHM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,631,860,000.00
Year-over-Year Change
5.50%
Date Range
1/1/1957 - 5/1/2025
Summary
This trend measures the value of exports of commodities from Switzerland to the rest of the world. It is an important economic indicator for understanding Switzerland's trade dynamics and global competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Merchandise Trade Statistics: Exports: Commodities for Switzerland tracks the monthly value of Switzerland's commodity exports, which include a range of finished and semi-finished goods. This data provides insights into Switzerland's trade balance, economic growth, and the strength of its export-oriented industries.
Methodology
The data is collected through customs declarations and surveys of Swiss exporters.
Historical Context
Policymakers and economists use this trend to assess Switzerland's international trade position and the health of its export sector.
Key Facts
- Switzerland is one of the world's largest exporters of chemicals, watches, and precision instruments.
- Exports account for over 60% of Switzerland's GDP.
- Germany is Switzerland's largest export market, followed by the United States and China.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly value of Switzerland's exports of commodities, including finished and semi-finished goods, to the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Switzerland's trade balance, economic growth, and the performance of its key export industries, which are critical to the Swiss economy.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of Swiss exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Switzerland's international trade position and the health of its export-oriented industries, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is reported monthly, with a typical release lag of 2-3 months.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Switzerland (XTEXVA01CHM667S), retrieved from FRED.