Watchmaking industry 2013

06/17/2014

For the year 2013 as a whole, the result is in line with forecasts. Growth slowed quickly during the fi rst half-year, recording a variation of +0.7% compared to January-June 2012. Watch exports improved in the second half of the year with an increase of 3.0%. Over twelve months, their value amounted to 21.8 billion francs. This sum exceeds by more than 400 million francs the performance achieved in 2012, corresponding to an increase of 1.9%.

While the rate of growth is no longer on a par with previous years, it has nonetheless consolidated recent gains in the sector at a very high level. In volume terms, Switzerland exported 28.1 million timepieces. This represents a downturn of slightly more than a million units (-3.6%) compared to 2012.