Watch Movements in United Kingdom | The Observatory of Economic Complexity

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Exports In 2022, United Kingdom exported $47.8M in Watch Movements, making it the 6th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 560th most exported product in United Kingdom. The main destination of Watch Movements exports from United Kingdom are: Hong Kong ($26.5M), Macau ($10.8M), Netherlands ($4.05M), Switzerland ($2.56M), and United States ($1.65M).

The fastest growing export markets for Watch Movements of United Kingdom between 2021 and 2022 were Macau ($4.95M), Switzerland ($472k), and Germany ($203k).

Imports In 2022, United Kingdom imported $21.7M in Watch Movements, becoming the 11th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 901st most imported product in United Kingdom. United Kingdom imports Watch Movements primarily from: Switzerland ($14M), Italy ($3.3M), Netherlands ($1.03M), United States ($822k), and China ($763k).

The fastest growing import markets in Watch Movements for United Kingdom between 2021 and 2022 were Switzerland ($3.31M), China ($429k), and Japan ($222k).

COMPANIES In 2023, leading companies such as DOLE FRESH FRUIT COMPANY (6) and GOLDEN STATE FC LLC (1) were at the forefront of shipping Watch Movements from United Kingdom to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United Kingdom's Watch Movements exports accounted up to £1.96M and imports accounted up to £1.26M, resulting in a positive trade balance of £699k. Between February 2023 and February 2024 the exports of United Kingdom's Watch Movements have decreased by £-2.82M (-59%) from £4.77M to £1.96M, while imports decreased by £-379k (-23.1%) from £1.64M to £1.26M.

Destinations In February 2024, Watch Movements were exported mostly to Hong Kong (£1.2M), Switzerland (£330k), Macau (£192k), United Arab Emirates (£85k), and United States (£69.3k), and were imported mostly from Switzerland (£567k), Hong Kong (£312k), Croatia (£171k), United States (£72.3k), and Netherlands (£65.5k).

Growth In February 2024, the decrease in Watch Movements's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (£-256k or -10.6%), Switzerland (£-60.4k or -38.8%), and Germany (£-4.64k or -21.3%). In February 2024, the decrease in Watch Movements's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)£-2.82M(-59%)

IMPORT GROWTH (February 2023 - February 2024)£-379k(-23.1%)

MAIN EXPORTER (February 2024)London Heathrow Airport£2M

MAIN DESTINATION (February 2024)Hong Kong£1.2M

This section shows Watch Movements's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Watch Movements over time.

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