Description
Total Swiss Watch Export Value is an indicator published by the Federation of the Swiss Watch Industry (FH). This indicator measures the total export value of Swiss watches. It is used to observe the performance and health of the Swiss watch industry, while also serving as an important reference for global luxury market trends and Switzerland's overall economic performance. Higher export values typically indicate strong demand and industry prosperity, while lower export values may suggest weak demand and potential challenges.
The Total Swiss Watch Export Value is calculated by summing up the total value of all watches and their components exported from Switzerland during a specific period. The statistical coverage includes all categories of Swiss watches, including mechanical watches, quartz watches, smartwatches, etc., regardless of price range. The data is primarily sourced from export declaration records of Swiss customs.
This data is updated monthly, with the latest figures typically released within the first few weeks of the following month.