Swiss trade surplus nearly doubles in Q2 on export boom
Switzerland's trade surplus nearly doubled to 23.7 billion Swiss francs ($28.86 billion) in the second quarter, the Swiss National Bank said, as exports increased 5.5% and the government upgraded its economic growth forecast.
86 billion) during the second quarter of 2026, the Swiss National Bank said on Tuesday, as the country sold more goods abroad. 8 billion francs a year earlier, due mainly to a increase in goods trade, the SNB said, although it noted the comparable surplus was relatively low for the same period in 2025. 4 billion francs for services. The overall current account surplus was the widest since the first quarter of 2025, and reflected the recovery of Switzerland's export-orientated economy, which was shaken last year by higher tariffs imposed by the United States.
5% in the second quarter, leading to the government last week upgrading its forecast for economic growth this year. There was also an increased in the transit trade — where companies buy goods and services abroad and resell them directly to another country without the goods ever passing through Switzerland. The deficit on gold trading was also smaller than a year earlier, the SNB said. net)