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Switzerland: Chemical exports rise 3.9%, to $43.9 billion

11:37 AM MDT | July 18, 2013 | Michael Ravenscroft

Switzerland's exports of chemicals and pharmaceuticals rose to 41.3 billion Swiss francs ($43.9 billion) in the first half of 2013, up 3.9% versus the year-ago period, says Swiss trade association scienceindustries (Zürich). Major contributions to this growth were made by increasing demand for plant protection products (up 12.4%) and pharmaceuticals (up 5.4%). Exports of chemicals, pharmaceuticals, and biotechnology now make up 41% of Swiss exports. Imports of chemicals remained almost unchanged at SF20 billion, leading to a trade balance of SF21.3...

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