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Pricing

2022
Exports | Imports $485M | $3.57BWorld Rnk 7 / 195
Flag Rnk 396 / 1217
World Rnk 1 / 220
Flag Rnk 160 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $8.02M | $423MBahamas |  Switzerland
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.42Rnk 403 / 1025

About

Exports In 2022, United States exported $485M in Base Metal Watches, making it the 7th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 396th most exported product in United States. The main destination of Base Metal Watches exports from United States are: Hong Kong ($77.5M), Switzerland ($70.1M), Canada ($55.8M), Mexico ($50.3M), and United Arab Emirates ($23.3M).

The fastest growing export markets for Base Metal Watches of United States between 2021 and 2022 were Bahamas ($8.02M), Switzerland ($6.47M), and Netherlands ($6.28M).

Imports In 2022, United States imported $3.57B in Base Metal Watches, becoming the 1st largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 160th most imported product in United States. United States imports Base Metal Watches primarily from: Switzerland ($2.69B), Japan ($304M), China ($188M), Thailand ($80.4M), and Germany ($50.6M).

The fastest growing import markets in Base Metal Watches for United States between 2021 and 2022 were Switzerland ($423M), Japan ($46.3M), and China ($40.6M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (1.42k), COSTCO WHOLESALE COPRORATION (464), and ROBERT BOSCH TOOL CORPORATION (335) were at the forefront of shipping Base Metal Watches to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Base Metal Watches exports accounted up to $62.2M and imports accounted up to $386M, resulting in a negative trade balance of $324M. Between January 2023 and January 2024 the exports of United States'   Base Metal Watches have increased by $13M (26.4%) from $49.2M to $62.2M, while imports increased by $51.9M (15.5%) from $334M to $386M.

Destinations In January 2024, Base Metal Watches were exported mostly to Mexico ($12.5M), Switzerland ($8.68M), Canada ($6.8M), Hong Kong ($5.66M), and Paraguay ($3.19M), and were imported mostly from Switzerland ($327M), Japan ($35.5M), China ($10.9M), Germany ($3.76M), and Thailand ($2.79M).

Growth In January 2024, the increase in Base Metal Watches's year-by-year exports was explained primarily by an increase in exports to Mexico ($4.13M or 177%), Switzerland ($1.71M or 28.6%), and Sint Maarten ($1.11M or 361%). In January 2024, the increase in Base Metal Watches's year-by-year imports was explained primarily by an increase in imports from Switzerland ($41.5M or 17.8%), Hong Kong ($229k or 67.8%), and Malaysia ($206k or 29%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$13M(26.4%)
IMPORT GROWTH (January 2023 - January 2024)$51.9M(15.5%)
MAIN EXPORTER (January 2024)New Jersey$16.1M
MAIN DESTINATION (January 2024)Mexico$12.5M

This section shows Base Metal Watches's exports and imports data at subnational level for United States. 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)$485M
IMPORTS (2022)$3.57B
NET TRADE (2022)-$3.09B

In 2022, United States exported $485M in Base Metal Watches. The main destinations of United States exports on Base Metal Watches were Hong Kong ($77.5M), Switzerland ($70.1M), Canada ($55.8M), Mexico ($50.3M), and United Arab Emirates ($23.3M).

In 2022, United States imported $3.57B in Base Metal Watches, mainly from Switzerland ($2.69B), Japan ($304M), China ($188M), Thailand ($80.4M), and Germany ($50.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR United States WERE (2021 - 2022):
Bahamas$8.02M (602%)
Switzerland$6.47M (10.2%)
Netherlands$6.28M (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY United States WERE (2021 - 2022):
Hong Kong-$33M (-29.9%)
China-$7.48M (-87.8%)
Vietnam-$5.36M (-60.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Base Metal Watches by Exporters

Keep Exploring

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