During the January-November period, the export of watches increased by 11.9% and amounted to 22 million euros and 809.1 million francs.
The export of Swiss watches to the USA on an annual basis c 32.9%, to 400.1 million francs, to the United Kingdom – by 17.6%, to 158.3 million, to Japan – by 20.2%, to 157, 3 million, for Singapore – c 29.1%, up to 157 million. At the same time, exports to China decreased by 11.5%, to 212 million francs, to Hong Kong – by 8.9%, to 183.8 million francs.
These 6 countries in November account for 52.5% of the market for watches produced by Switzerland. The total delivery of glasses for this quarter increased by 12.3% – up to 1.268 billion CHF.
Switzerland’s trade surplus fell to 494 million Swiss francs in November 2022 from 2.902 billion in October, customs data showed.
In nominal terms, exports decreased by 9.2% compared to the previous month and amounted to 20.916 billion francs, interest increased by 1.4%, up to 20.422 billion. fpanĸa. The volume of exports from Switzerland in the last month decreased by 2.8%, the import – by 0.6%.
Exports on a monthly basis fell to 20.9 billion Swiss francs, mainly for chemicals and pharmaceuticals (-19.0%), precision instruments (-0.2%) and jewelry (-6.9%). Deliveries increased mainly in Italy (-15.9%), Slovenia (-1.5%), China (-4.3%) and the United States (-38.7%). In contrast, sales fell in Germany (6.5%), France (1.6%), the United Kingdom (3.2%) and Japan (0.5%).
Meanwhile, inflows increased by 1.4% to 20.4 billion Swiss francs, namely chemicals and pharmaceuticals (6.1%), energy (7.1%), textiles, clothing and apparel (1.3%) and Spanish , beverages and tobacco (0.1%).
Photo by Sami Aksu: https://www.pexels.com/photo/window-display-of-an-antique-shop-14355677/
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