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Thus far in 2025, Swiss watch exports are up by a slight 1.1% in comparison with 2024. Nonetheless, in a uncommon touch upon precise watch gross sales, the Federation warns, “This consequence doesn’t replicate the precise gross sales state of affairs, which has adopted a much less optimistic pattern.” Vontobel analyst and head of Swiss fairness analysis, Jean-Philippe Bertschy says, ”such a cautious or unfavorable assertion from the Federation is uncommon and noteworthy.” In a be aware to shoppers, Bertschy says that the Might export knowledge displays the primary indicators of a slowdown this yr. And whereas the Might U.S. Swiss watch import decline was due largely to an anticipated surge in April in response to tariffs, “the downward pattern in different markets is a rising concern,” he says
