2022
Exports
$6.75BWorld Rnk 2 / 208
Flag Rnk 51 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$3.57BWorld Rnk 4 / 224
Flag Rnk 44 / 96
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.75B in Clocks, watches, & parts, making it the 2nd largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 51st most exported product in China. The main destination of Clocks, watches, & parts exports from China are: Hong Kong ($1.46B), United States ($548M), Switzerland ($547M), Japan ($427M), and Germany ($362M).

The fastest growing export markets for Clocks, watches, & parts of China between 2021 and 2022 were Singapore ($82.2M), United Kingdom ($58.7M), and United Arab Emirates ($56.1M).

Imports In 2022, China imported $3.57B in Clocks, watches, & parts, becoming the 4th largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 44th most imported product in China. China imports Clocks, watches, & parts primarily from: Switzerland ($2.7B), China ($319M), Japan ($116M), Singapore ($114M), and United Arab Emirates ($98M).

The fastest growing import markets in Clocks, watches, & parts for China between 2021 and 2022 were United Arab Emirates ($75.7M), Burma ($1.16M), and Zambia ($211k).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (859), CRIMSONLOGIC US INC (383), and YOUHAO TRADING CORPORATION (165) were at the forefront of shipping Clocks, watches, & parts from China to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-64.2M(-13.6%)
IMPORT GROWTH (March 2023 - March 2024)$-167M(-32.1%)
MAIN EXPORTER (March 2024)Guangdong Province$248M
MAIN DESTINATION (March 2024)Hong Kong$107M

This section shows Clocks, watches, & parts's exports and imports data at subnational level for China. 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 Clocks, watches, & parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.75B
IMPORTS (2022)$3.57B
NET TRADE (2022)$3.18B

In 2022, China exported $6.75B in Clocks, watches, & parts. The main destinations of China exports on Clocks, watches, & parts were Hong Kong ($1.46B), United States ($548M), Switzerland ($547M), Japan ($427M), and Germany ($362M).

In 2022, China imported $3.57B in Clocks, watches, & parts, mainly from Switzerland ($2.7B), China ($319M), Japan ($116M), Singapore ($114M), and United Arab Emirates ($98M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$82.2M (142%)
United Kingdom$58.7M (42.2%)
United Arab Emirates$56.1M (61.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY China WERE (2021 - 2022):
China-$287M (-47.3%)
Hong Kong-$134M (-8.37%)
Switzerland-$56M (-9.29%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Clocks, watches, & parts were:
In 2022, China's main importing competitors in Clocks, watches, & parts were:

Explore Visualizations

Trade Value of Clocks, watches, & parts by Exporters

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