As Sascha Jucker, Credit Suisse economist says: “The export prospects for 2018 are excellent. The Credit Suisse Export Barometer is at a higher level than in the boom years from 2004 to 2007. We expect the appreciation of the euro also to continue in 2018. That and higher inflation in the key sales markets will additionally help to strengthen the competitiveness of Swiss SMEs.”
Alberto Silini, Head of Consulting at Switzerland Global Enterprise (S-GE), adds: “Export sentiment at record levels reflects the outstanding underlying situation for Swiss SMEs. Above all the MEM industry can hope for a strong upturn after having suffered greatly in recent years. Germany remains by far the most important sales market for Swiss exporters. Having said this, the excellent prospects now also offer SMEs an ideal opportunity to discover new markets.”
Video statements (in German) on current export sentiment by Sascha Jucker, Credit Suisse economist, and Alberto Silini, Head of Consulting at Switzerland Global Enterprise:
The SME Export Outlook for the second quarter of 2018 will be published on 12 April 2018.