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The November exports of Swiss watches

The association of Swiss Watch Industry has once againThe November exports of Swiss watches released the statistics of chronographs exports. The November exports of watches continue to demonstrate strong growth of all indicators. This month, an increase is of 16% compared to November of last year. In addition, in November the record was set: the first Swiss watch exports exceeded $ 2 billion francs. It is the largest monthly figure for exports of watches for the country.

As in previous months, the leadership in the ranking of sales growth is holding by the watches in gold or gold-plated cases. The number of Swiss watches exports rose by 24.3%, which in monetary terms amounts to 688.4 million francs. But the brother of gold - silver - showed a negative trend. Wrist watch in silver was exported by 9.2% lower.

The amount of exported Swiss watches which value is equal to or less than 200 francs are at the 5% reduction. At the same time the most active growth registered in the most expensive category – the watches in the price of 3000 francs.

Nowadays the leader among the importers is Hong Kong. At the same time more than 50% in monetary terms exports of watches are increased for Germany and China. Russian Federation in this ranking is the 14th. In November of this year it were exported Swiss watches to Russia for 29 million francs - is nearly twice higher in comparison with the November 2010 figures.

22.12.2011

 


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