Swiss Watch Exports Surpass $21 Million in 2011

Photo credit: Ulysse Nardin
Swiss watch exports grew by 19.2 percent in 2011 to 19.3 billion francs ($21.1 billion), according to the Federation of the Swiss Watch Industry. With the exception of 2010, which followed a major downturn, it is the strongest growth in the industry for the past 20 years. Each month in 2011 had double-digit growth, year-over-year, except for June, which posted a 9.2