After a stable January, Swiss watch exports grew 3.4% in February 2019. This is even despite a high comparison base, as exports grew more than 10% in February 2018. it’s a good sign that there may be additional room to run for the Swiss watch industry. Total exports totaled CHF 1.8 billion in February 2019, slightly higher than January’s CHF 1.6 billion total.

In a trend we’ve been tracking for awhile now, precious metal and bi-metal (gold-steel) watches drove much of the growth, while steel exports were stable. Gold-steel exports saw the most growth, with a 12.4% bump in terms of CHF sold.