The FH export data for March was bad. https://zzb.bz/O3Nbmi link Swiss watch exports fell 21.9% in value for the month. Of the 30 markets that account for 94% https://zzb.bz/MiuSK9 link of all Swiss watch exports, 21 reported decreases. Hong Kong, which was Switzerland's top market from 2009 to July 2019, fell from second to fourth place in the ranking with exports down another 41%. Italy, no longer a top 10 market https://is.gd/B1Rn2M link as of 2020, saw exports fall 58% in value.