Swiss Watch Exports Were Reportedly Booming in Q1 2023

In a post-COVID world, Swiss watch brands are still thriving. A recent report from the Federation of the Swiss Watch Industry has indicated Swiss watch exports have been booming in the first quarter of 2023. Throughout the month of March, Swiss watch exports increased 13.8% and 11.8% for the whole quarter. Across regions, sales and price points, the export value went up in volumes to a total value of $2.7 billion USD. In March alone, 1.5 million timepieces were exported, which was almost a 24% r...