Throughout the January-November interval, the export of watches elevated by 11.9% and amounted to 22 million euros and 809.1 million francs.

The export of Swiss watches to the USA on an annual foundation c 32.9%, to 400.1 million francs, to the UK – by 17.6%, to 158.3 million, to Japan – by 20.2%, to 157, 3 million, for Singapore – c 29.1%, as much as 157 million. On the similar time, exports to China decreased by 11.5%, to 212 million francs, to Hong Kong – by 8.9%, to 183.8 million francs.

These 6 international locations in November account for 52.5% of the marketplace for watches produced by Switzerland. The entire supply of glasses for this quarter elevated by 12.3% – as much as 1.268 billion CHF.

Switzerland’s commerce surplus fell to 494 million Swiss francs in November 2022 from 2.902 billion in October, customs knowledge confirmed.

In nominal phrases, exports decreased by 9.2% in comparison with the earlier month and amounted to twenty.916 billion francs, curiosity elevated by 1.4%, as much as 20.422 billion. fpanĸa. The quantity of exports from Switzerland within the final month decreased by 2.8%, the import – by 0.6%.

Exports on a month-to-month foundation fell to twenty.9 billion Swiss francs, primarily for chemical compounds and prescription drugs (-19.0%), precision devices (-0.2%) and jewellery (-6.9%). Deliveries elevated primarily in Italy (-15.9%), Slovenia (-1.5%), China (-4.3%) and the US (-38.7%). In distinction, gross sales fell in Germany (6.5%), France (1.6%), the UK (3.2%) and Japan (0.5%).

In the meantime, inflows elevated by 1.4% to twenty.4 billion Swiss francs, particularly chemical compounds and prescription drugs (6.1%), power (7.1%), textiles, clothes and attire (1.3%) and Spanish , drinks and tobacco (0.1%).

Photograph by Sami Aksu: https://www.pexels.com/picture/window-display-of-an-antique-shop-14355677/