Key facts
- Swiss watch exports decreased in April compared to the previous year.
- Shipments were expedited to the US in the prior year to avoid higher tariffs.
The decline in Swiss watch exports in April reflects a normalization after a surge in the prior year, when companies rushed to export goods to the US to preempt potential tariff hikes. This suggests that the previous year's figures were artificially inflated due to anticipation of trade policy changes.