2022
Exports
$45.2MWorld Rnk 26 / 195
Flag Rnk 261 / 1208
2022
PRODUCT COMPLEXITY IN Base Metal Watches
0.41Rnk 406 / 1025
2022
Imports
$347MWorld Rnk 16 / 220
Flag Rnk 149 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $45.2M in Base Metal Watches, making it the 26th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 261st most exported product in Australia. The main destination of Base Metal Watches exports from Australia are: New Zealand ($15.6M), Hong Kong ($13.1M), Macau ($4.31M), Switzerland ($4.31M), and Singapore ($1.92M).

The fastest growing export markets for Base Metal Watches of Australia between 2021 and 2022 were Macau ($3.56M), Hong Kong ($2.12M), and New Zealand ($2.06M).

Imports In 2022, Australia imported $347M in Base Metal Watches, becoming the 16th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 149th most imported product in Australia. Australia imports Base Metal Watches primarily from: Switzerland ($239M), China ($57.1M), Japan ($10.3M), Hong Kong ($9.17M), and United States ($5.81M).

The fastest growing import markets in Base Metal Watches for Australia between 2021 and 2022 were Switzerland ($49M), Japan ($2.27M), and China ($1.15M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Base Metal Watches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$45.2M
IMPORTS (2022)$347M
NET TRADE (2022)-$302M

In 2022, Australia exported $45.2M in Base Metal Watches. The main destinations of Australia exports on Base Metal Watches were New Zealand ($15.6M), Hong Kong ($13.1M), Macau ($4.31M), Switzerland ($4.31M), and Singapore ($1.92M).

In 2022, Australia imported $347M in Base Metal Watches, mainly from Switzerland ($239M), China ($57.1M), Japan ($10.3M), Hong Kong ($9.17M), and United States ($5.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Macau$3.56M (476%)
Hong Kong$2.12M (19.3%)
New Zealand$2.06M (15.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Australia WERE (2021 - 2022):
United States-$1.04M (-69.3%)
Indonesia-$180k (-65.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Base Metal Watches were:
In 2022, Australia's main importing competitors in Base Metal Watches were:

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.47M
TOP IMPORT POTENTIALChina+ $10.4M

Base Metal Watches’s highest export potential is United States. With an export gap of $1.47M.   Base Metal Watches’s highest import potential is China with an import gap of $10.4M.

See methodology.

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