Swiss Watch Exports Surge 11.2% in June 2026
Swiss Watch Exports Show Strong Recovery with 11.2% Growth in June 2026
The Federation of the Swiss Watch Industry (FHS) has reported a significant rebound in Swiss watch exports for June 2026, with values increasing by 11.2% to nearly CHF 2.4 billion. This marks the second consecutive month of rapid recovery following two years of declining exports in 2024 and 2025.
Export Performance by Material
| Category | Growth (Value) | Growth (Volume) |
|---|---|---|
| Precious Metals | +2.9% | - |
| Steel | +5.0% | +7.0% |
| Bimetallic | +42.1% | - |
| Other Materials (Ceramic/Titanium) | - | +21.9% |
Top Export Markets
| Market | Export Value | Growth |
|---|---|---|
| United States | CHF 349 million | +12.7% |
| France | - | +103%* |
| United Kingdom | - | Growth |
| Japan | - | Growth |
*Note: FHS indicates France results "remain broadly unrepresentative of actual demand" in that market.
Price Segment Analysis
Most price segments showed growth, with notable performance at both ends of the market:
- CHF 200-500 segment: +54% growth
- CHF 3,000+ segment: Strong growth confirming demand for high-end watches
- CHF 500-3,000 segment: Slight decline
Cautious Optimism
While the June figures are encouraging, analysts note several factors to consider:
- Exports may be driven by deliveries of new models from Watches & Wonders 2026
- H1 2026 total exports remain slightly down at -0.7% (CHF 12.8 billion)
- France's anomalous +103% growth skews overall figures; excluding France, growth was approximately 5.6%
Frequently Asked Questions
Q: What is driving the June 2026 export surge?
A: The growth is attributed to deliveries of new models showcased at Watches & Wonders 2026, strong US demand, and recovery from two years of declining exports.
Q: How does this compare to previous years?
A: After declines in 2024 (-3%) and 2025 (-2%), June 2026 represents the strongest monthly growth in over two years. However, H1 2026 remains slightly negative at -0.7%.
Q: Is the watch industry recovering?
A: The data suggests early signs of recovery, though the FHS cautions that a single strong month following a major trade show should be interpreted carefully before drawing broad conclusions.
Source: Monochrome Watches, Federation of the Swiss Watch Industry (FHS) Report (July 21, 2026)