Swiss Economicblogs.org
In 2020, the Covid-19 pandemic weighed heavily on Swiss foreign trade. But in 2021, exports bounced back, rising 15.2% to reach a record high of CHF 260 billion. © Maen Zayyad | Dreamstime.comThe sharp jump in exports in 2021 caused Switzerland’s trade surplus to reach CHF 58.7 billion, despite rising imports, which were pushed up by rising energy prices and chemical imports. A significant driver behind Switzerland’s higher exports was increased exports of immunological products. These...
Read More »