Swiss watch exports rise in April

According to the Federation of the Swiss Watch Industry the value of Swiss watch exports gained 1.7 percent in April from the last year to CHF 1.8 billion. In the first four months, total exports for the sector totaled CHF 6.8 billion.

Watch exports to Hong Kong registered strong growth, providing a further clear indication of their recovery. The United States continued on a trajectory of moderate growth, albeit with some important fluctuations, it said.

At the same time, Japan logged the highest increase, lifting it into third place in April, while the main European markets revealed mixed results.

IWC Boutique, Amsterdam