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2022
Exports $646MWorld Rnk 6 / 195
Flag Rnk 168 / 1213
2022
Destination $46.3M United States
2021 - 2022
FASTEST GROWING MARKET $46.3MUnited States
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $1.4BWorld Rnk 6 / 220
Flag Rnk 107 / 1214
2022
Origin $140M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $140MSwitzerland
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $646M in Base Metal Watches, making it the 6th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 168th most exported product in Japan. The main destination of Base Metal Watches exports from Japan are: United States ($304M), China ($51.7M), Hong Kong ($49.1M), Switzerland ($32.1M), and Netherlands ($21.9M).

The fastest growing export markets for Base Metal Watches of Japan between 2021 and 2022 were United States ($46.3M), Mexico ($5.12M), and United Arab Emirates ($4.87M).

Imports In 2022, Japan imported $1.4B in Base Metal Watches, becoming the 6th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 107th most imported product in Japan. Japan imports Base Metal Watches primarily from: Switzerland ($1.11B), China ($130M), Thailand ($53.9M), Germany ($19.2M), and Italy ($13.5M).

The fastest growing import markets in Base Metal Watches for Japan between 2021 and 2022 were Switzerland ($140M), United Arab Emirates ($8.66M), and Philippines ($2.93M).

Latest Trends

June 2024

About

Overview In June 2024 Japan's Base Metal Watches exports accounted up to ¥4B and imports accounted up to ¥28.7B, resulting in a negative trade balance of ¥24.7B. Between June 2023 and June 2024 the exports of Japan's   Base Metal Watches have decreased by ¥-48M (-1.19%) from ¥4.05B to ¥4B, while imports increased by ¥6.81B (31.1%) from ¥21.9B to ¥28.7B.

Destinations In June 2024, Base Metal Watches were exported mostly to United States (¥781M), Hong Kong (¥536M), Netherlands (¥468M), China (¥459M), and Chinese Taipei (¥262M), and were imported mostly from Switzerland (¥26B), China (¥1.52B), Thailand (¥736M), Germany (¥163M), and Italy (¥97.4M).

Growth In June 2024, the decrease in Base Metal Watches's year-by-year exports was explained primarily by a decrease in exports to China (¥-147M or -40.6%), Hong Kong (¥-37.6M or -10.8%), and Malaysia (¥-29.3M or -37.1%). In June 2024, the increase in Base Metal Watches's year-by-year imports was explained primarily by an increase in imports from Switzerland (¥2.3B or 17.5%), Thailand (¥153M or 35.5%), and Germany (¥18.3M or 23.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)¥-48M(-1.19%)
IMPORT GROWTH (June 2023 - June 2024)¥6.81B(31.1%)
MAIN EXPORTER (June 2024)Chiba¥3.42B
MAIN DESTINATION (June 2024)United States¥781M

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$646M
IMPORTS (2022)$1.4B
NET TRADE (2022)-$754M

In 2022, Japan exported $646M in Base Metal Watches. The main destinations of Japan exports on Base Metal Watches were United States ($304M), China ($51.7M), Hong Kong ($49.1M), Switzerland ($32.1M), and Netherlands ($21.9M).

In 2022, Japan imported $1.4B in Base Metal Watches, mainly from Switzerland ($1.11B), China ($130M), Thailand ($53.9M), Germany ($19.2M), and Italy ($13.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Japan WERE (2021 - 2022):
United States$46.3M (18%)
Mexico$5.12M (85.5%)
United Arab Emirates$4.87M (54.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Japan WERE (2021 - 2022):
China-$22.6M (-30.5%)
Hong Kong-$14.2M (-22.5%)
Macau-$3.89M (-60.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, Japan's main importing competitors in Base Metal Watches were:
United States $3.57B
Hong Kong $2.82B
China $2.14B

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $41M
TOP IMPORT POTENTIALChina+ $60.3M

Base Metal Watches’s highest export potential is China. With an export gap of $41M.   Base Metal Watches’s highest import potential is China with an import gap of $60.3M.

See methodology.

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