Swiss Exports to US Rose as Countries Reached Trade Deal (1)

December 18, 2025, 9:30 AM UTC

Switzerland’s exports to the US expanded in the month the Swiss struck a deal to remove outsized American tariffs.

Sales to the world’s largest economy — excluding gold and adjusted for seasonal swings — were 7.6% higher in November than in October, the country’s customs office said on Thursday. The total of Swiss shipments to the world decreased slightly.

Imports from the US fell 3.5%. That means Switzerland’s trade surplus with the nation increased to 3.4 billion francs ($4.2 billion), from 3 billion francs the previous month.

The two countries announced a framework trade deal ...





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