Swiss Watch Exports increased by 3.8% in April with an increase of 4.8% in the Middle East

Swiss watch exports rose 1.7% year on year to $2 billion equivalent to CHF 1.834 billion in April this compared VS the same period in 2013. The Middle East, Hong Kong, the U.S. and Japan have shown strong figures. During the first four months of 2014, total Swiss watch exports rose by 3.8% to $7.55 billion as the number of wristwatches sold rose 1.1% to 8.5 million units. UAE imports increased by 14.1%, followed by Bahrain + 39.6, Lebanon + 14.6, Jordan 7% and Egypt 10.3%, while KSA decreased by 12.4, Qatar -1.4, Kuwait -18.2 and Oman -14.9.