Swiss watch exports rose globally by 3.9% in November to CHF 2.06 billion.
This is the first time in three years that export value exceeded the CHF2-billion. The value of exports to the biggest market, Hong Kong, rose 9.5% to CHF287.1 million. Exports to mainland China, rose 15.1% to CHF187.4 million.
The current slowdown in the economy of China has not to day impacted Swiss watch exports. Exports have risen by double-digit percentages for four months in a row. The value of Swiss watch exports to China is up 14.2%. It’s up 21% to Hong Kong year-to-date.
