Testimonials

RW Freight services are a very good company that always deliver my Imports from Sweden on time.

Sweden Import Freight
78654

I am very pleased the way RW Freight Services are dealing with my exports to Norway. There has never been any problems.

Norway Export Freight
74461

Import deliveries from Sweden are always on time when using RW Freight services.

Sweden Groupage Importer
89016

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Swiss watch exports to Asia fall

Tags:


Swiss watch exports to Hong Kong and mainland China fell deeply in February, as the coronavirus precautions took their toll.

Exports fell by 9.2% to 1.6 billion Swiss francs in February, with Hong Kong imports down 42.0% and imports to mainland China 51.5% lower, the Swiss watch federation (FH)said.
Swiss watchmakers are very dependent on Chinese imports, so the coronavirus outbreak in China severely impacted their business in February before, the virus spread out.
Cheaper watches with an export price of 200 to 500 francs fell by more than half, while watches over 3,000 francs were only slightly down compared with last year.