Watch Exports Bounced Back in February Before War in Middle East

Swiss watch exports returned to growth last month as US demand continued an uneven recovery from the fallout over trade tariffs.

Overall exports rose 9.2% in February from a year earlier, the Federation of the Swiss Watch Industry said Thursday, with watches priced over 500 Swiss francs ($630) leading the gains across all segments. Exports to the US, the industry’s largest market, were up 26.8% after a drop in January.