Swiss 2016 Exports Hit Record Thanks to Pharmaceuticals: Chart

Swiss exports touched a record 210.7 billion francs ($211 billion) in 2016, recovering from the previous year’s fall. Chemicals and pharmaceutical products were the big driver, with an increase of 11.4 percent, according to the Federal Customs Administration. The machine and electrical industry, where producers have battled with the strong franc, failed to post any growth and exports of precision instruments rose only 3.8 percent.

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