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Swiss Trade Surplus Shrinks In 2022 As Export Growth Slows

Switzerland's foreign trade surplus decreased during the year 2022 compared to last year, as imports grew faster than exports, data from the Federal Customs Administration showed on Tuesday. Separate data showed that Swiss watch exports registered double-digit growth in 2022.

The trade surplus for 2022 was CHF 43.5 billion, down from CHF 58.5 billion in 2021.

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by RTTNews Staff Writer

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