2023
Exports
$19.6BWorld Rnk 1 / 199
Flag Rnk 5 / 1211
2023
PRODUCT COMPLEXITY IN Base Metal Watches
0.81Rnk 252 / 1025
2023
Imports
$628MWorld Rnk 12 / 218
Flag Rnk 78 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $19.6B in Base Metal Watches, making it the 1st largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 5th most exported product in Switzerland. The main destination of Base Metal Watches exports from Switzerland are: United States ($3.69B), China ($2.27B), France ($1.47B), Hong Kong ($1.43B), and United Kingdom ($1.17B).

The fastest growing export markets for Base Metal Watches of Switzerland between 2022 and 2023 were United States ($495M), Hong Kong ($345M), and China ($309M).

Imports In 2023, Switzerland imported $628M in Base Metal Watches, becoming the 12th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 78th most imported product in Switzerland. Switzerland imports Base Metal Watches primarily from: Italy ($63.2M), China ($57.3M), Hong Kong ($53.6M), France ($52.5M), and United States ($52.2M).

The fastest growing import markets in Base Metal Watches for Switzerland between 2022 and 2023 were Singapore ($12.6M), United Arab Emirates ($6.74M), and Mexico ($5.6M).

Latest Trends

Dec 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 (2023)$19.6B
IMPORTS (2023)$628M
NET TRADE (2023)$19B

In 2023, Switzerland exported $19.6B in Base Metal Watches. The main destinations of Switzerland exports on Base Metal Watches were United States ($3.69B), China ($2.27B), France ($1.47B), Hong Kong ($1.43B), and United Kingdom ($1.17B).

In 2023, Switzerland imported $628M in Base Metal Watches, mainly from Italy ($63.2M), China ($57.3M), Hong Kong ($53.6M), France ($52.5M), and United States ($52.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
United States$495M (15.5%)
Hong Kong$345M (31.7%)
China$309M (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Switzerland WERE (2022 - 2023):
Japan-$287M (-19.8%)
South Korea-$34.9M (-6.33%)
Russia-$27.7M (-89.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in Base Metal Watches were:
China $3.27B
Japan $930M
In 2023, Switzerland'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 POTENTIALGermany+ $168M
TOP IMPORT POTENTIALGermany+ $19.3M

Base Metal Watches’s highest export potential is Germany. With an export gap of $168M.   Base Metal Watches’s highest import potential is Germany with an import gap of $19.3M.

See methodology.

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