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HomeWorldSwiss Watch Exports Drop in July, Led by Decreased Shipments to China

Swiss Watch Exports Drop in July, Led by Decreased Shipments to China





Watch Exports from Switzerland Decline in July

Watch exports from Switzerland fell in July, the first monthly decline since January 2021.

Exports of watches from the country decreased by 0.9% to $2.5 billion, due to a decrease in exports to China.

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China is the second-largest importer of Swiss watches, as its Swiss watch imports fell 16.6% in July due to higher prices and concerns about the growth of the Chinese economy.


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Adrian Ovalle
Adrian Ovalle
Adrian is working as the Editor at World Weekly News. He tries to provide our readers with the fastest news from all around the world before anywhere else.

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