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Swiss trade surplus climbed to CHF 6.3 billion in April, driven by a sharp rise in watch exports to the U.S.
Switzerland's trade surplus rose to CHF 6.3 billion in April, up from CHF 5.4 billion in March, as imports fell faster than exports.
Despite a 3.3% drop in exports and a 10.0% drop in imports, Swiss watch exports surged 18.2% year-over-year, with a dramatic 149.2% increase to the U.S.
This spike is attributed to companies frontloading shipments ahead of potential U.S. tariffs.
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El superávit comercial suizo subió a CHF 6.300 millones en abril, impulsado por un fuerte aumento en las exportaciones de relojes a los EE.UU.