Editing Economy of Switzerland (section)

===Watches===
Switzerland is a leading exporter of high-end watches and clocks. Swiss companies produce most of the world's high-end watches: in 2011 exports reached nearly 19.3 billion CHF, up 19.2% over the previous year. Watch manufacturing is mostly located around the Jura mountains, in the cantons of Geneva, Vaud, Neuchâtel, Bern, and Jura. Notable watchmaking firms include [[Rolex]], [[Patek Philippe]], [[Swatch]], and [[Richemont]].

The watches go to Asia (55%), Europe (29%), Americas (14%), Africa and Oceania (both 1%).<ref name="Fédération de l'industrie horlogère suisse FH">{{cite web|url=http://www.fhs.ch/en/statistics.php |title=The Swiss Watch Industry - Facts and figures |access-date=February 20, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130218231647/http://www.fhs.ch/en/statistics.php |archive-date=February 18, 2013 }}</ref>

In 2011, Switzerland led the world by exporting over US$20 billion value of all types of watches, followed by Hong Kong, at under US$10 billion. China exported the highest number of watches by far in 2011.<ref name="Fédération de l'industrie horlogère suisse FH"/>

In July 2024, the Swatch Group loses 70% of its profit.<ref>{{cite news |title=Swatch, l'utile crolla (-70%) a 147 milioni di franchi svizzeri. Il titolo cade in borsa |url=https://www.milanofinanza.it/fashion/swatch-l-utile-crolla-70-a-147-milioni-di-franchi-svizzeri-il-titolo-cade-in-borsa-202407151328515728 |access-date=15 July 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=15 July 2024}}</ref>