Swiss Watch Exports rise 6.3% in 2018 with a positive growth in Gulf region.

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30-Jan-2019

Swiss watch exports recorded 6.3% growth in the year 2018 worldwide, as a whole it recorded CHF 21.2 billion francs (19,500 mln precisely) against CHF 19.92 Billion for the same period in 2017 as per the Swiss Watch Federation statistics.
 
The Swiss Watches Exports in the world markets mostly recorded a positive growth with USA recording +8.2%, Hong Kong and China markets increased by 19.1% & 11.7% respectively, Japan showed a growth of 9.1%. In the Middle East UAE recorded a growth of +1.7%, Saudi Arabia – +5.9%, Qatar with +52.5% growth, Kuwait +9.1%. Bahrain and Oman recorded a growth of +27.9 and 36.5% respectively.

 

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