Key facts
- Total Swiss watch exports fell by about 17% in April year-over-year.
- The decline was driven by a pronounced decrease in shipments to the U.S.
- U.S. tariff volatility is cited as a contributing factor.
Swiss watch exports experienced a significant downturn in April, with total exports falling by approximately 17% compared to the same period last year. This contraction is largely due to a pronounced decline in shipments destined for the United States. The ongoing volatility surrounding U.S. tariffs is identified as a key factor contributing to this sharp decrease in export value.