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Pricing

2022
Exports $259MWorld Rnk 14 / 195
Flag Rnk 228 / 1216
2022
Destination $17.5M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $17.5MUnited States
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $1.41BWorld Rnk 5 / 220
Flag Rnk 96 / 1214
2022
Origin $146M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $146MSwitzerland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $259M in Base Metal Watches, making it the 14th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 228th most exported product in United Kingdom. The main destination of Base Metal Watches exports from United Kingdom are: Hong Kong ($67M), Switzerland ($42.5M), United States ($29.1M), Ireland ($23.6M), and France ($13.9M).

The fastest growing export markets for Base Metal Watches of United Kingdom between 2021 and 2022 were United States ($17.5M), United Kingdom ($7.22M), and Ireland ($1.77M).

Imports In 2022, United Kingdom imported $1.41B in Base Metal Watches, becoming the 5th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 96th most imported product in United Kingdom. United Kingdom imports Base Metal Watches primarily from: Switzerland ($1.04B), China ($134M), Hong Kong ($57.1M), Germany ($41.1M), and Netherlands ($21.7M).

The fastest growing import markets in Base Metal Watches for United Kingdom between 2021 and 2022 were Switzerland ($146M), China ($67M), and Hong Kong ($25.2M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Base Metal Watches from United Kingdom to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Base Metal Watches exports accounted up to £33.3M and imports accounted up to £101M, resulting in a negative trade balance of £67.7M. Between September 2023 and September 2024 the exports of United Kingdom's   Base Metal Watches have increased by £12.2M (57.7%) from £21.1M to £33.3M, while imports decreased by £-10.1M (-9.13%) from £111M to £101M.

Destinations In September 2024, Base Metal Watches were exported mostly to Hong Kong (£10.5M), Switzerland (£7.61M), United States (£3.84M), Ireland (£2.17M), and Spain (£1.33M), and were imported mostly from Switzerland (£71.4M), Hong Kong (£7.17M), France (£5.95M), Vietnam (£3.7M), and Netherlands (£2.69M).

Growth In September 2024, the increase in Base Metal Watches's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (£184k or 30.6%), Qatar (£165k or 41.3%), and Czechia (£74.2k or 399%). In September 2024, the decrease in Base Metal Watches's year-by-year imports was explained primarily by a decrease in imports from France (£-826k or -20.8%), United Arab Emirates (£-485k or -85.1%), and Hong Kong (£-111k or -1.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£12.2M(57.7%)
IMPORT GROWTH (September 2023 - September 2024)£-10.1M(-9.13%)
MAIN EXPORTER (September 2024)London Heathrow Airport£29M
MAIN DESTINATION (September 2024)Hong Kong£10.5M

This section shows Base Metal Watches's exports and imports data at subnational level for United Kingdom. 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)$259M
IMPORTS (2022)$1.41B
NET TRADE (2022)-$1.15B

In 2022, United Kingdom exported $259M in Base Metal Watches. The main destinations of United Kingdom exports on Base Metal Watches were Hong Kong ($67M), Switzerland ($42.5M), United States ($29.1M), Ireland ($23.6M), and France ($13.9M).

In 2022, United Kingdom imported $1.41B in Base Metal Watches, mainly from Switzerland ($1.04B), China ($134M), Hong Kong ($57.1M), Germany ($41.1M), and Netherlands ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$17.5M (150%)
United Kingdom$7.22M (223%)
Ireland$1.77M (8.11%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY United Kingdom WERE (2021 - 2022):
Switzerland-$22.1M (-34.2%)
United Arab Emirates-$10.6M (-51.8%)
Netherlands-$9.24M (-54.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, United Kingdom'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 POTENTIALUnited States+ $16.5M
TOP IMPORT POTENTIALChina+ $34M

Base Metal Watches’s highest export potential is United States. With an export gap of $16.5M.   Base Metal Watches’s highest import potential is China with an import gap of $34M.

See methodology.

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