Liechtenstein exported goods totalling 3.372 billion Swiss francs last year, according to the main findings of the export statistics. This equates to an increase of 0.5 per cent over 2016.
In the same period, goods worth 2.001 billion francs were imported. This is a rise of 1 per cent over the previous year. The balance of trade witnessed a slight decline of 0.3 per cent to 1.371 billion francs.
Responsible for the largest proportion of the export growth last year were the metals and machine construction sectors. Metals exports rose by 5.6 per cent and machines, appliances and electronics by 5.9 per cent.
Exports of stones and earth fell, as in the previous year. Exports in the chemical and pharmaceuticals industry also declined in 2017.
The most important category for imports was investment goods, accounting for a proportion of 42.4 per cent. This sector also recorded the greatest increase in imports of 5.2 per cent.
Imports of consumer goods and energy sources fell by 6.9 per cent and 15.8 per cent respectively compared to 2016. On a relatively comparable level to 2016 were imports of raw materials and semi-finished products, which were up by 0.4 per cent.
With a proportion of 60.9 per cent of exports and 79.7 per cent of imports, Europe continued to be Liechtenstein’s most important trade partner.
Trade relations with Switzerland are not included in the findings, because they are generally not covered in the Office for Statistics’ reports.