According to data released by the Federation of the Swiss Watch Industry, watch exports in 2023 grew by 7.6% to 26.7 billion Swiss Francs. However, the growth rate in the second half of the year decreased to 3.6% from 11.8% in the first half. December saw a notable increase of 5.5%, with an average growth of 3.6% in the second half of the year, reaching its peak in December 2023.
Swiss Watch Exports Reach 26.7 Billion Swiss Francs in 2023, Up by 7.6% Year-on-Year
Updated: Oct 8, 2024
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