Switzerland'S Exports Of Textiles And Clothing Increased In August.

In August 2014, Switzerland's trade development with other European countries was different. Although the growth of pharmaceutical products exported to Ireland was 4 times, the total exports to Europe decreased by 3%.

According to the latest information released by the General Administration of Customs of Swiss Confederation (EZV), in August 2014, Switzerland's exports to the United States increased by 17% to 1 billion 800 million Swiss francs, and exports to Asia also grew by 2.8%, especially for mainland China's exports, which increased by 20.9%, and the increase in exports to North America and Asia could not fully compensate for the decline in exports to Europe.

August 2014

Compared with the same period (2013), it appears to be stagnant, with a growth rate of only 0.5%, reaching 14 billion 900 million Swiss francs. The General Administration of Customs of Swiss Confederation said that the number of working days in August 2014 was reduced by one day compared with that of last year. If there is no such effect, the export list will grow by 5.5% and the real growth will reach 1.4%.

After seasonally adjusted, Swiss exports grew slightly by 0.6% in August 2014, the fourth growth in 5 months, but the growth trend was stagnant and the real growth was also slightly down by 0.7%.

In August 2014 Switzerland exported 78% of its jewellery exports, textiles,

Exports of footwear, food, luxury goods and chemical and pharmaceutical products increased, but exports of machinery and electronics decreased.

August 2014

A slight decrease of 0.2% from the same period last year to 1 billion 500 million Swiss francs, of which exports to Hongkong (accounting for 18.4% of watches and clocks) decreased by 8.4% to 274 million 500 thousand francs.