Wednesday, December 07, 2022

Swiss watch exports increase again

Swiss watch exports rising in July

In July, Swiss watchmakers again exported more watches abroad than a year earlier. America remains the engine of growth, while the Chinese market is recovering from the Corona lockdown.

Watch exports have grown rapidly, especially in the United States. (archive image)

Watch exports rose 8.3 percent year-on-year to CHF 2.22 billion, according to data from the Swiss Watch Industry Association (FH) and the Federal Office for Customs and Border Security (BAZG).

The Watch Association continued the good development of the current year. The monthly growth rate since the beginning of the year has been between 7 and 24 percent. In the first seven months, watch exports grew by 11 percent to CHF 14.1 billion.

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