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Swiss Watch Exports Decline 7.3% in November

MT Newswires·12/18/2025 02:25:32
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02:25 AM EST, 12/18/2025 (MT Newswires) -- Switzerland's watch exports fell 7.3% year over year in November to 2.25 billion francs due mainly to the downtrend in watches made of steel, other materials, and bimetallics, the Federation of the Swiss Watch Industry said Thursday. Exports of wristwatches decreased 7.5%, while the other products category dropped 2.4%. In the first 11 months of 2025, overseas shipments declined 2.2%.