International Merchandise Trade Statistics: Exports: Commodities for Switzerland
XTEXVA01CHM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,909,820,000.00
Year-over-Year Change
-3.79%
Date Range
1/1/1955 - 5/1/2025
Summary
This economic trend measures Switzerland's exports of commodities, which are a key component of the country's international trade. Understanding Switzerland's export dynamics is crucial for analyzing its economic performance and trade relationships.
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: Exports: Commodities for Switzerland tracks the value of all goods and materials exported from Switzerland to other countries. This data provides insights into Switzerland's trade specialization, global competitiveness, and the composition of its export sector.
Methodology
The data is collected by the Swiss Federal Customs Administration through the monitoring of physical goods crossing Switzerland's borders.
Historical Context
Policymakers and economists use this trend to assess Switzerland's trade balance, exchange rate impacts, and the competitiveness of its export industries.
Key Facts
- Switzerland is a major exporter of chemicals, machinery, and watches.
- Commodity exports account for over 50% of Switzerland's total exports.
- Switzerland maintains a persistent trade surplus, driven by its export-oriented economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of commodities exported from Switzerland to other countries, providing insights into the country's trade dynamics and export composition.
Q: Why is this trend relevant for users or analysts?
A: Understanding Switzerland's commodity exports is crucial for evaluating its trade balance, economic performance, and the competitiveness of its export industries.
Q: How is this data collected or calculated?
A: The data is collected by the Swiss Federal Customs Administration through the monitoring of physical goods crossing Switzerland's borders.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Switzerland's trade balance, exchange rate impacts, and the competitiveness of its export industries.
Q: Are there update delays or limitations?
A: The data is reported monthly, with a lag of approximately 2-3 months, and may be subject to revisions.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Switzerland (XTEXVA01CHM664S), retrieved from FRED.