Watch Exports from Switzerland Decline in July
Watch exports from Switzerland fell in July, the first monthly decline since January 2021.
Exports of watches from the country decreased by 0.9% to $2.5 billion, due to a decrease in exports to China.
China is the second-largest importer of Swiss watches, as its Swiss watch imports fell 16.6% in July due to higher prices and concerns about the growth of the Chinese economy.
This Article Swiss Watch Exports Drop in July, Led by Decreased Shipments to China was first Published on World Weekly News
Source: Swiss Watch Exports Drop in July, Led by Decreased Shipments to China
