Swiss Garment Exports Fell 8.2% In The First Quarter Of 2011

According to Switzerland Customs General Office (EZV) released 2011 First season The foreign trade statistics report points out that even in the face of the Swiss Franc appreciation In the first quarter of 2011, Switzerland's foreign trade continued to grow. Its exports grew by 5.8% (+12.3% in real terms), the total amount was 49 billion 988 million Swiss francs, the prices of exports increased by 5.8%, nominal imports rose by 6.2% (+6.5% in real terms), the total amount was 44 billion 532 million Swiss francs, the prices of imports fell by 0.3%, and the trade balance reached 5 billion 405 million 600 thousand Swiss francs (3% in name). Among the top 10 export industries, the watch industry and machinery and electronics industry are the most growing industries. In addition to their undesirable exports to Europe, exports to other regions have continued to grow, of which Asia is the most growing region.

The industries that Switzerland exports most are: watch industry (+14.7%), metal industry (+14.3%), machinery and electronics industry (+13.9%), plastics synthesis industry (+3.3%), precision instrument category (+3.0%), textile industry (+1.6%), and industries with negative growth in exports are: chemical industry (-1.2%), food and luxury goods (-1.4%), paper making and drawing industry (-7.5%), and garments (-8.2%).