Switzerland March trade balance CHF 4.53 billion vs CHF 3.31 billion prior

• Prior CHF 3.31 billion; revised to CHF 3.14 billion

The Swiss trade surplus expanded in March as exports grew by 19.9% while imports also jumped up by a whopping 15.9% on the month. Overall trade conditions have been a bit swingy to start the new year but is rather typical of the type of seasonal trade movements that we have seen in the Swiss economy in the past.