Swiss watch exports rose 11.2 percent in June to CHF 2.4 billion, with unit volumes up a similar 11.7 percent to 1.3 million pieces, according to the Federation of the Swiss Watch Industry. It was the clearest positive month in a choppy year: April fell sharply, May stabilized, June rebounded.
The first half still closed at CHF 12.8 billion, down 0.7 percent from a year earlier. Much of June’s unit growth came from mechanical watches exported below CHF 500, up 23.8 percent. Exports to the United States fell 14.8 percent for the half, though against an inflated 2025 comparison driven by tariff-timing shipments; measured against 2024 the U.S. market is up 2.6 percent. The Federation expects 2026 overall to land roughly level with 2025, with tariff policy and the Middle East the two stated uncertainties.