Switzerland's foreign trade surplus decreased notably in May from a month earlier as exports plunged amid an increase in imports, data from the Federal Customs Administration showed on Thursday.
The trade surplus dropped to CHF 1.98 billion in May from CHF 5.43 billion in April.
In real terms, exports fell sharply by 10.2 percent over the month, faster than the 3.7 percent decline in April. Meanwhile, imports rebounded 0.5 percent after a 10.4 percent slump in the prior month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.