2025年5月，瑞士的贸易顺差从上个月向下修正的54亿瑞士法郎收窄至20亿瑞士法郎。这标志着自2023年12月以来的最小顺差，出口环比下降13.6%，至330亿瑞士法郎，受化学药品（-18.9%）和手表（-21.1%）销售下降的拖累。对美国的出货量下降了41.7%，主要是由于征收了关税，从4月5日起又征收了10%的关税，自4月9日起又增加了21%，使瑞士商品的总关税达到31%。对捷克（-37.4%）、斯洛文尼亚（-31.4%）和爱尔兰（-26.6%）的出口也有所下降。与此同时，进口增长0.8%，至190亿瑞士法郎，主要受能源载体（+15.4%）和化学药品（+8.1%）购买量增加的推动。在主要贸易伙伴中，来自沙特阿拉伯（+220%）、爱尔兰（+109%）和新加坡（+59.5%）的进口激增。
Switzerland’s trade surplus narrowed to CHF 2.0 billion in May 2025 from a downwardly revised CHF 5.4 billion in the previous month. This marked the smallest surplus since December 2023, as exports dropped 13.6% month-on-month to CHF 33.0 billion, weighed down by lower sales of chemical-pharmaceutical products (-18.9%) and watches (-21.1%). Shipments to the US plunged 41.7%, largely due to imposed tariffs, with an additional 10% applied from April 5 and a further 21% from April 9, bringing the total tariff on Swiss goods to 31%. Exports also declined to Czechia (-37.4%), Slovenia (-31.4%), and Ireland (-26.6%). Meanwhile, imports rose 0.8% to CHF 19.0 billion, driven by higher purchases of energy carriers (+15.4%) and chemical-pharmaceutical products (+8.1%). Among key trading partners, imports surged from Saudi Arabia (+220%), Ireland (+109%), and Singapore (+59.5%).
