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Switzerland’s export of aluminium cylinder for compressed gas during 2018-20 illustrates downfall to enterprising growth

EDITED BY : 1MINS READ

The economy of Switzerland is expected to grow at more than double its usual rate in 2021 and 2022, with GDP rising by around 4% in both years as output recovers from the coronavirus epidemic, as stated by the Swiss Government’s chief economist.

Switzerland’s export of aluminium cylinder for compressed gas

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The central European nation’s export of aluminium cylinder during 2018-19 has recorded at 397.02 tonnes and the revenue earnings accounted for $1.09 million. The export for 2020 remained at 534.65 tonnes and the earnings stood at $3.21million. However, when the export volume and earnings for 2020 gets assorted with the existing two years, it illustrates $931.67 tonnes and $4.30 million respectively.

Switzerland’s export of aluminium cylinder for compressed gas

The Swiss export of aluminium cylinder for compressed gas in 2018 was registered at 214.67 tonnes and the earnings occurred from the export was $0.89 million, in consideration that, the export in 2019 saw a drop by 15.05%, as the export volume declined to 182.35 tonnes and the earnings also plunged to $0.20 million.

In 2020, the export demonstrated an enterprising development by 193.19%, as the export volume rose to 534.65 tonnes and the earnings also inclined to $3.21 million.

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Switzerland’s major trading destinations for the export of aluminium cylinder for compressed gas are Austria, Germany, Netherlands, etc.

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