Economy Swiss exports grew again in September - also to the USA
After a weak previous month, the Swiss export economy recovered in September. Exports to the USA also increased significantly.
21.10.2025, 08:10
SDA
Exports rose by a seasonally adjusted nominal 3.4 percent to CHF 22.8 billion, as reported by the Federal Office for Customs and Border Security (FOCBS) on Tuesday. In real terms - i.e. at constant prices - the increase was slightly lower at 2.7 percent.
Exports to the USA have also increased again. As recently as August, they had slumped by more than a fifth due to US President Donald Trump's tariff policy towards Switzerland, reaching their lowest level since the end of 2020. They have now risen again by 43%. Over the entire third quarter, however, there was still a decline of a good 8%.
Meanwhile, total imports rose by 9.4% (+1.9% in real terms) to CHF 19.9 billion in the reporting month of September. The export surplus thus amounted to a good 2.8 billion francs. In the two previous months, it was significantly higher at 3.9 and 4.2 billion respectively.
