2022
Exports
$1.17BWorld Rnk 8 / 208
Flag Rnk 75 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$6.05BWorld Rnk 2 / 224
Flag Rnk 49 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.17B in Clocks, watches, & parts, making it the 8th largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 75th most exported product in United States. The main destination of Clocks, watches, & parts exports from United States are: Switzerland ($285M), Hong Kong ($237M), Canada ($113M), United Arab Emirates ($80.4M), and Mexico ($69.2M).

The fastest growing export markets for Clocks, watches, & parts of United States between 2021 and 2022 were Switzerland ($58.1M), United Arab Emirates ($30M), and Canada ($11.5M).

Imports In 2022, United States imported $6.05B 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 49th most imported product in United States. United States imports Clocks, watches, & parts primarily from: Switzerland ($4.24B), China ($548M), Japan ($312M), United Kingdom ($95.7M), and Thailand ($94.3M).

The fastest growing import markets in Clocks, watches, & parts for United States between 2021 and 2022 were Switzerland ($645M), United Arab Emirates ($59.6M), and Japan ($46.1M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (859), CRIMSONLOGIC US INC (383), and IKEA SUPPLY AG (167) were at the forefront of shipping Clocks, watches, & parts to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$5.93M(3.99%)
IMPORT GROWTH (February 2023 - February 2024)$57.7M(10.8%)
MAIN EXPORTER (February 2024)New York$71.5M
MAIN DESTINATION (February 2024)Switzerland$46.5M

This section shows Clocks, watches, & parts's exports and imports data at subnational level for United States. 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)$1.17B
IMPORTS (2022)$6.05B
NET TRADE (2022)-$4.88B

In 2022, United States exported $1.17B in Clocks, watches, & parts. The main destinations of United States exports on Clocks, watches, & parts were Switzerland ($285M), Hong Kong ($237M), Canada ($113M), United Arab Emirates ($80.4M), and Mexico ($69.2M).

In 2022, United States imported $6.05B in Clocks, watches, & parts, mainly from Switzerland ($4.24B), China ($548M), Japan ($312M), United Kingdom ($95.7M), and Thailand ($94.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR United States WERE (2021 - 2022):
Switzerland$58.1M (25.6%)
Canada$11.5M (11.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY United States WERE (2021 - 2022):
Hong Kong-$15.5M (-6.14%)
China-$9.72M (-72.2%)
Macau-$7.15M (-71.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Clocks, watches, & parts by Exporters

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