SZ Trade Balance
Track SZ Trade Balance to gauge export demand's impact on currency and production levels.
Overview
The demand for exports is closely tied to the demand for currency, as foreign buyers need to purchase the domestic currency to acquire the country's exports. This export demand also influences production levels and pricing among local manufacturers. A positive figure signifies that exports exceeded imports, making it one of the few numbers on the calendar that is not seasonally adjusted, as it is a frequently cited metric.
Key Information
What it Measures
The difference in value between goods imported and exported during the specified month.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is considered favorable for the currency.
Source & Frequency
Federal Statistical Office (latest release) - https://www.bfs.admin.ch/bfs/en/home.html • Published monthly, approximately 22 days after the conclusion of the month.
How Data is Derived
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Also Known As
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Acronym
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