2023
Exports
$1.68BWorld Rnk 4 / 210
Flag Rnk 5 / 96
2023
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.63Rnk 29 / 1025
2023
Imports
$7.08BWorld Rnk 2 / 223
Flag Rnk 6 / 96
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.68B in Clocks, watches, & parts, making it the 4th largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 5th most exported product in Hong Kong. The main destination of Clocks, watches, & parts exports from Hong Kong are: Japan ($449M), Switzerland ($244M), Netherlands ($119M), Macau ($101M), and Philippines ($60.2M).

The fastest growing export markets for Clocks, watches, & parts of Hong Kong between 2022 and 2023 were Japan ($420M), South Korea ($50.5M), and China ($32.1M).

Imports In 2023, Hong Kong imported $7.08B in Clocks, watches, & parts, becoming the 2nd largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 6th most imported product in Hong Kong. Hong Kong imports Clocks, watches, & parts primarily from: Switzerland ($2.77B), China ($1.33B), Singapore ($442M), Japan ($370M), and United States ($242M).

The fastest growing import markets in Clocks, watches, & parts for Hong Kong between 2022 and 2023 were Switzerland ($638M), United Kingdom ($40.9M), and South Korea ($37.4M).

Latest Trends

Jan 2025

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 Clocks, watches, & parts. 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)$1.68B
IMPORTS (2023)$7.08B
NET TRADE (2023)-$5.39B

In 2023, Hong Kong exported $1.68B in Clocks, watches, & parts. The main destinations of Hong Kong exports on Clocks, watches, & parts were Japan ($449M), Switzerland ($244M), Netherlands ($119M), Macau ($101M), and Philippines ($60.2M).

In 2023, Hong Kong imported $7.08B in Clocks, watches, & parts, mainly from Switzerland ($2.77B), China ($1.33B), Singapore ($442M), Japan ($370M), and United States ($242M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Japan$420M (1.46k%)
South Korea$50.5M (2.34k%)
China$32.1M (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Hong Kong WERE (2022 - 2023):
Macau-$226M (-69.1%)
Switzerland-$105M (-30.2%)
India-$88.4M (-62.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Clocks, watches, & parts were:
In 2023, Hong Kong's main importing competitors in Clocks, watches, & parts were:

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Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $38.8M
TOP IMPORT POTENTIALFrance+ $9.88M

Clocks, watches, & parts’s highest export potential is China. With an export gap of $38.8M.   Clocks, watches, & parts’s highest import potential is France with an import gap of $9.88M.

See methodology.

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