New members this month

Swiss foreign trade continues its forward march

On 21 November, the Federal Customs Administration (AFD) announced that in October Switzerland recorded a trade surplus of 2.4 billion francs, compared with 2.8 billion the previous month. Adjusted for price variations, exports climbed by 2.3%. In the machinery, equipment and metals (MEM) and watchmaking sectors, exports were one of the highlights of Swiss foreign trade in that same month. The remaining sectors are in good health, except for foreign sales of chemical and pharmaceutical products, which fell by 1%.