Swiss watch exports grew 11.8 percent in March

By: Trademagazin editor Date: 2022. 04. 26. 11:10

Exports of Swiss watches in March rose 11.8 percent year-on-year to 2.092 billion francs, according to the Swiss Watch Industry Association (FHS). In February, annual growth was higher at 24.4 percent.

Swiss watch exports increased

The watches, which make up the bulk of exports, were worth 1.977 billion francs, up 11.4 percent from a year earlier.

Swiss watch exports to the United States rose 31.8 percent year-on-year to 337.6 million francs, Exports increased in Japan by 23.5 percent to 153.4 million, iny the United Kingdom by 54.9 percent, to 137.5 million, and Singapore by 19.7 percent to 131.7 million francs. (MTI)