Swiss watchmaking and French winemaking - what more profitable?
As you know, the watch industry is the main branch of the Swiss economy, and the wine industry - the French. The experts of Challenges compared, which of these two industries more profitable. At the end of 2011, Swiss watchmaking has brought more income than the production of wine and brandy in France.
In the first semester of 2012 watchmaking brought to the Swiss treasury 10 billion Swiss francs (8.3 billion euros). Over the past six months, watch exports increased by more than 10 billion francs, in this scenario we can expect 10% growth in sales, that is, revenues will grow to 16.7 billion euros.
Swiss watchmaking and French winemaking - what more profitable?
However, the French wine industry is not standing still. Over the past year there has been significant growth in production, set a new sales record. From 1 July 2011 to June 30 this year, winemaking brought country 11.1 billion euros (more than a historical record of 1 billion). As experts of Challenges note, success was achieved by increasing sales of champagne and cognac.
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