According to the recent figures of the Swiss Watch Exports the total world exports have dropped by 5.6%, while the Middle East has scored higher with an average growth percentage of 21.05% increase during the month of Nov 2015 when compared with the same period in 2014.
While UAE maintained its ranking of 10th position worldwide; it scored an increase of 5.5% in November 2015 when compared with November 2014.
Kingdom of Saudi Arabia remains at No. 14 worldwide with a massive growth of 15.4%.
Kingdom of Bahrain has climbed up to no. 21 worldwide (due to Jewellery Arabia Exhibition) with 21.1% increase in imports of Swiss Watches during the month of November 2015.
Qatar and Kuwait ranked no. 22 and 26 respectively with an increase of 36.50% for Qatar and 5% for Kuwait.
It’s notable that Lebanon has claimed no. 28 in worldwide rankings with a massive increase of 42.8% in imports of Swiss Watches during the same period in 2015.
