US Edition
U.S. Tariff Impact Weighs on January Swiss Watch Exports
January exports dropped 3.6% to 1.9 billion Swiss francs due to U.S. tariffs and weaker high-end watch sales, while some markets showed growth, the Federation reported.
7 Articles
7 Articles
Swiss exports grew over the month of January, mainly carried by the chemical-pharmaceutical sector. Watch manufacturers were penalized by two points of weakness: precious metals and the United States.The watchmaking industry distinguished itself from the rest of the Swiss export sectors in January, whose statistics were published on Thursday. Overall, Swiss foreign trade over the first month of the year appears to be contrasting. While exports g…
Swiss Watch Exports See Slow Start to New Year
Swiss watch exports fell in January as a decline in the US market impacted overall results. Shipments of luxury timepieces dropped 3.6% to CHF 1.92 billion ($2.49 billion) for the month, the Federation of the Swiss Watch Industry reported Thursday. The dip followed a rise of 3.3% in December, which ended a four-month downward trend. “The US returned to negative territories, weighing heavily on the overall performance,” the federation commented.…
The start of the year has not brought any improvement for the Swiss watch industry, which has suffered a decline in its exports after a bright spot in December.
Moneycab
HandelszeitungAt the beginning of the year 2026, Swiss watch manufacturers again exported fewer watches abroad compared to the same month of the previous year, thus continuing the negative trend.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
