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The first half of the Swiss watch exports in 2010 – active recovery

August 19th, 2010

After a negative growth in 2009 , Swiss watch exports in the first half of 2010 to resume a steady growth trend. Within six months, exported products worth 7.3 billion francs the previous year exceeded 1.2 billion francs more than 19.7%. This result is comparable to 2007.

After 14 months of decline , in January showed signs of recovery , from February onwards to achieve double-digit growth. In the first half rose by more than 30% two months ( March and June ) .

Watch the export recovery is very clear. Although the low-end products can not make up for the decline in 2009 , but 2010 growth forecast is indeed remarkable that the crisis is over.


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