Switzerland Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Switzerland's trade balance was $121.2B in 2025, ranked 7th globally. This represents a 26.6% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Switzerland's trade balance stood at $121.2B in 2025, a rise of +$25.5B from 2024. Based on recent trends, this figure is projected to reach $121.2B by 2025. Switzerland ranked 7th globally.
Switzerland’s trade balance has swung dramatically over the 56‑year series, moving from a modest deficit of –63,115,481.36 in 1970 to a record surplus of 121,192,627,811.09 in 2025, the highest figure recorded for the country and seventh‑largest globally. The all‑time trough occurred in 1980 when the balance fell to –2,747,267,410.63, reflecting a period of weak export performance and strong import demand. Since the early 1990s, successive surpluses have accumulated, propelled by high‑value manufacturing, pharmaceuticals and financial services, positioning Switzerland alongside peers such as Norway (117,780,235,966.07) and the Netherlands (133,515,071,565.84) in the top tier of surplus‑running economies. The 2025 peak underscores the resilience of Swiss export competitiveness despite global trade tensions, yet future trajectories will depend on exchange‑rate movements, the pace of technological innovation and the evolution of multilateral trade rules, which could either sustain the surplus or moderate its growth.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $140.8B | - | - |
| 2026* trend | $131.0B | - | - |
| 2025* trend | $121.2B | - | - |
| 2025 | $121.2B | +$25.5B | #7 |
| 2024 | $95.7B | −$5.7B | #152 |
| 2023 | $101.5B | −$12.7B | #165 |
| 2022 | $114.2B | +$14.5B | #173 |
| 2021 | $99.6B | +$52.1B | #173 |
| 2020 | $47.5B | −$23.2B | #172 |
| 2019 | $70.7B | −$5.7B | #174 |
| 2018 | $76.4B | +$13.3B | #173 |
| 2017 | $63.1B | −$6.2B | #174 |
| 2016 | $69.3B | −$3.7B | #175 |
| 2015 | $73.0B | −$3.0B | #175 |
| 2014 | $76.0B | +$2.3B | #173 |
| 2013 | $73.8B | +$11.3B | #170 |
| 2012 | $62.5B | +$9.9B | #166 |
| 2011 | $52.6B | −$5.0B | #165 |
Detected Pattern
Analysis
Switzerland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Switzerland's trade balance was $121.2B in 2025. Ranked 7th globally. This represents a 26.6% increase from the previous year.
Switzerland's trade balance peaked at $121.2B in 2025.
The lowest trade balance in Switzerland was $-2.7B in 1980.
Switzerland ranks 7th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Switzerland's trade balance is projected to reach $121.2B by 2025 based on trend extrapolation.
Switzerland's trade balance was approximately 121.19 billion ($121.2B) in 2025.
The trade balance of Switzerland in 2025 was $121.2B. This ranks 7th in the world.
Cite this page
@misc{historysaid_switzerland_trade-balance,
title = {Switzerland Trade Balance},
url = {https://historysaid.com/switzerland/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}