January – June 2008

Data collected and released by the Federation of the Swiss Watch Industry on Swiss watch export numbers was published in the October 2008 issue of WatchTime magazine. The following numbers rank the top 10 export markets for these time pieces, express in millions of Swiss francs, for the period covering January through June of this year.

1,314.8   Hong Kong
1,188.9   United States
561.4   Japan
523.9   France
502.9   Italy
433.0   Germany
397.4   China
382.6   Singapore
340.2   U.A.E.
293.5   United Kingdom

WatchTime further notes: “Exports of mechanical watches grew 22.6 percent, to SF 5.43 billion; those of quartz watches, 2.5 percent, to SF 2.27 billion. The former had an export price of SF 2,537; the latter, SF 216. Mechanical watches accounted for 70.6 percent of Swiss watch exports in terms of value and 16.9 percent in terms of pieces.