Middle East conflict causes significant drop in Swiss watch exports

lesechos.fr (French)

Swiss watch exports dropped significantly in March, primarily due to the conflict in the Middle East, a key market. This decline follows a period of slowing demand, with exports to the Middle East falling by 21% in March, impacting the recovering watchmaking sector. The Middle East accounts for 10% of Swiss watch sales, and the war in Iran is a major concern for the industry.


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Middle East conflict causes significant drop in Swiss watch exports | News Minimalist