The Swiss watchmaking industry

The Swiss watchmaking industry in 2007

2007 was an excellent year for Swiss watch exports which beat many records. The growth rate remained robust throughout the year and no weakness was reported. All the segments made a positive contribution to the final outcome, especially luxury products. The Swiss watch manufacturers accordingly experienced a fourth consecutive year of high growth.

Swiss watch exports were worth a total of 16 billion francs in 2007. This was 2.2 billion francs more than in the previous year, equivalent to 16.2% growth against 2006, the highest growth rate for 18 years.

 
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Source: Federation of the Swiss Watch Industry FH - www.fhs.ch