Swiss Watch Exports Drop 16.6% in April as US Shipments Plunge 56%

1 articles · Updated · Bloomberg · Jun 2

April Swiss watch exports fell 16.6% from a year earlier, driven by a 56% collapse in shipments to the US.
The sharp decline was distorted by a high 2025 base, when brands rushed inventory into the US before higher tariffs took effect; US-bound exports had surged 149% in April last year.
Excluding the US, April exports rose 3%, suggesting demand elsewhere held up better than the headline figure indicates.
Year to date, non-US exports were up 1.7%, which Vontobel analyst Manuel Lang said better reflects a gradual recovery in the watch market.

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