2022
Exports
$1.35BWorld Rnk 7 / 208
Flag Rnk 35 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$2.73BWorld Rnk 5 / 224
Flag Rnk 39 / 96
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $1.35B in Clocks, watches, & parts, making it the 7th largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 35th most exported product in Japan. The main destination of Clocks, watches, & parts exports from Japan are: Hong Kong ($452M), United States ($312M), China ($116M), Switzerland ($94.1M), and Thailand ($84.9M).

The fastest growing export markets for Clocks, watches, & parts of Japan between 2021 and 2022 were United States ($46.1M), United Arab Emirates ($5.2M), and Mexico ($5.09M).

Imports In 2022, Japan imported $2.73B in Clocks, watches, & parts, becoming the 5th largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 39th most imported product in Japan. Japan imports Clocks, watches, & parts primarily from: Switzerland ($1.82B), China ($427M), Singapore ($96.8M), Thailand ($88.8M), and Malaysia ($85.8M).

The fastest growing import markets in Clocks, watches, & parts for Japan between 2021 and 2022 were Switzerland ($208M), Singapore ($20.6M), and Malaysia ($8.63M).

COMPANIES In 2023, leading companies such as John Deere (7), General Motors (5), and Toyota (1) were at the forefront of shipping Clocks, watches, & parts from Japan to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)¥1.12B(14.1%)
IMPORT GROWTH (April 2023 - April 2024)¥12.4B(28.2%)
MAIN EXPORTER (April 2024)Chiba¥7.45B
MAIN DESTINATION (April 2024)Hong Kong¥4.14B

This section shows Clocks, watches, & parts's exports and imports data at subnational level for Japan. 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 Clocks, watches, & parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.35B
IMPORTS (2022)$2.73B
NET TRADE (2022)-$1.38B

In 2022, Japan exported $1.35B in Clocks, watches, & parts. The main destinations of Japan exports on Clocks, watches, & parts were Hong Kong ($452M), United States ($312M), China ($116M), Switzerland ($94.1M), and Thailand ($84.9M).

In 2022, Japan imported $2.73B in Clocks, watches, & parts, mainly from Switzerland ($1.82B), China ($427M), Singapore ($96.8M), Thailand ($88.8M), and Malaysia ($85.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$46.1M (17.3%)
Mexico$5.09M (83.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Japan WERE (2021 - 2022):
Hong Kong-$74.1M (-14.1%)
China-$38.7M (-25%)
Slovakia-$2.94M (-87.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Clocks, watches, & parts were:
In 2022, Japan's main importing competitors in Clocks, watches, & parts were:

Explore Visualizations

Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39.5M
TOP IMPORT POTENTIALChina+ $56.3M

Clocks, watches, & parts’s highest export potential is China. With an export gap of $39.5M.   Clocks, watches, & parts’s highest import potential is China with an import gap of $56.3M.

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