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flag Swiss watch exports dropped 3.1% in Sept. 2025, hit by a 56% plunge to the U.S. due to new tariffs.

flag Swiss watch exports fell 3.1% year-on-year in September 2025, totaling 1.99 billion Swiss francs, driven by a 56% drop in shipments to the U.S. due to a 39% tariff under new U.S. policy. flag Despite gains in China and Hong Kong, the overall decline continued a trend, with the first nine months of 2025 showing a 1.2% drop. flag Excluding the U.S., exports would have grown 7.8%. flag Industry experts remain cautious amid ongoing trade tensions, weak consumer sentiment, and geopolitical risks, though upcoming earnings from major players may offer clearer insight.

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