According to the Federation of the Swiss Watch Industry, Swiss watch exports in April 2024 reached 2.147 billion CHF ($2.36 billion), up 4.5% YoY, recovering from last month's significant drop. The first four months of 2024 saw a 2.6% decrease compared to the previous year. Among the top 10 markets, only mainland China (-7.5%) declined, while Hong Kong (0.2%) stayed stable. Other Asian markets saw double-digit growth, including Japan (13.6%), Singapore (12.5%), UAE (13.3%), and South Korea (27.1%). The US, the largest market, grew by 11.6%, while Europe overall grew by 6%, with notable increases in the UK (4.6%), Germany (8.9%), and Italy (5.3%), but France remained stagnant (0.4%).