International Merchandise Trade Statistics: Imports: Commodities for Switzerland
XTIMVA01CHM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,526,660,000.00
Year-over-Year Change
5.98%
Date Range
1/1/1955 - 5/1/2025
Summary
This economic trend measures Switzerland's imports of commodities, providing insight into the country's international trade activity and economic health.
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: Imports: Commodities for Switzerland tracks the value of goods imported into Switzerland, categorized by commodity type. This data is a key indicator of Switzerland's trade balance and can inform economic policy decisions.
Methodology
The data is collected through customs declarations and other administrative sources by the Swiss Federal Customs Administration.
Historical Context
Policymakers and analysts use this trend to assess Switzerland's trade position and competitiveness in global markets.
Key Facts
- Switzerland is a major global trading hub.
- Commodity imports account for a significant portion of Switzerland's total imports.
- Trade data is closely monitored by policymakers and analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of commodities imported into Switzerland, providing insight into the country's international trade activity.
Q: Why is this trend relevant for users or analysts?
A: Tracking Switzerland's commodity imports is crucial for understanding the country's trade balance, economic competitiveness, and the overall health of its economy.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and other administrative sources by the Swiss Federal Customs Administration.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Switzerland's trade position and make informed decisions about economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Swiss Federal Customs Administration, but there may be occasional delays or limitations in reporting.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Switzerland (XTIMVA01CHM664S), retrieved from FRED.