Foreign trade in 2020: pandemic causes historic decline
Bern, 28.01.2021 - In 2020, Swiss foreign trade was dominated by the COVID-19 pandemic: there was a historic decline in both exports (-7.1% to 225.1 bn) and imports (-11.2% to 182.1 bn). In the second quarter, imports and exports plummeted at an unprecedented pace. This development set foreign trade back by three years. Meanwhile, the trade balance posted a new record surplus of CHF 43.0 billion.
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