By  on October 20, 2011

PARIS — Swiss watch exports rose 21 percent in September, as strong demand in Asia continued to fuel global demand for timepieces, especially in the upper-priced segment.

Foreign sales of Swiss watches totaled 1.8 billion Swiss francs, or $2.08 billion at average exchange rates for the period, the Federation of the Swiss Watch Industry said. Hong Kong recorded a monthly growth rate of 45.8 percent, while China was up 48.4 percent. The United States registered a 16.1 percent increase, reflecting continued improvement in that market, while European markets showed mixed results.

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