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According to the Federation of the Swiss Watch Industry, in February, there was a growth in exports of watches from Switzerland by 3.4% to 1 billion 755 million Swiss francs. Growth rates accelerated compared with the January increase of 0.2%. At the same time, such large sales markets of Swiss watches as Hong Kong and the United States showed a decline in exports last month. Supplies in Hong Kong fell by 3.8%, in the US - by 6.6%. The most significant growth in exports of Swiss watches - by 58.3% - was recorded in the UK. Supplies of watches to China also increased by 15.1%, to Japan - by 19.4%, and to Russia - by 39.3%. According to the country's customs administration, the trade surplus of Switzerland in February amounted to 2 billion 38 million francs, an increase from the January figure of 1 billion 390 million francs. Overall exports rose by 1.3% in February, while imports fell by 3%.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
The second quarter had seen South Korea slipping into recession. This came to be the country’s sharpest economic downturn in more than two decades as the novel coronavirus crisis weighed on exports and social distancing measures halted ...
June had seen Singapore’s non-oil domestic products advancing 16.1% from a year earlier. The reading managed to place above estimates backed by strong activity in shipments of pharmaceuticals, specialized machinery, and electronics, ...
China saw positive customs data on Tuesday, raising hopes that the world’s second-largest economy is on the way to recovering from the COVID-19 pandemic. Exports for June rose 0.5% year-on-year compared to an analysts’ forecast ...
Taiwan's exports for June has been forecasted to have dropped by 3% in contrast to a year earlier, according to a median forecast of 13 analysts polled by Reuters. The results are based on the uncertainties of the COVID-19 pandemic as it continues ...
KYC Policy