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2022
Exports $80.3MWorld Rnk 7 / 133
Flag Rnk 472 / 1213
2022
Destination $1.38M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.38MSwitzerland
2022
PRODUCT COMPLEXITY IN Other Clocks and Watches1.32Rnk 89 / 1025
2022
Imports $139MWorld Rnk 3 / 191
Flag Rnk 489 / 1214
2022
Origin $4.47M China
2021 - 2022
FASTEST GROWING ORIGIN $4.47MThailand
2022
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $80.3M in Other Clocks and Watches, making it the 7th largest exporter of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 472nd most exported product in Japan. The main destination of Other Clocks and Watches exports from Japan are: Hong Kong ($28.7M), China ($17M), Thailand ($13.7M), Singapore ($10.5M), and Switzerland ($3.51M).

The fastest growing export markets for Other Clocks and Watches of Japan between 2021 and 2022 were Switzerland ($1.38M), Singapore ($429k), and Chinese Taipei ($395k).

Imports In 2022, Japan imported $139M in Other Clocks and Watches, becoming the 3rd largest importer of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 489th most imported product in Japan. Japan imports Other Clocks and Watches primarily from: China ($36.7M), Switzerland ($30.2M), Singapore ($29.2M), Thailand ($21.1M), and Malaysia ($15.9M).

The fastest growing import markets in Other Clocks and Watches for Japan between 2021 and 2022 were Thailand ($4.47M), Switzerland ($3.05M), and Malaysia ($2.93M).

Latest Trends

August 2024

About

Overview In August 2024 Japan's Other Clocks and Watches exports accounted up to ¥737M and imports accounted up to ¥1.84B, resulting in a negative trade balance of ¥1.11B. Between August 2023 and August 2024 the exports of Japan's   Other Clocks and Watches have decreased by ¥-49.7M (-6.32%) from ¥786M to ¥737M, while imports increased by ¥42.1M (2.33%) from ¥1.8B to ¥1.84B.

Destinations In August 2024, Other Clocks and Watches were exported mostly to Hong Kong (¥256M), Thailand (¥150M), Switzerland (¥110M), China (¥96.6M), and Singapore (¥95M), and were imported mostly from China (¥590M), Singapore (¥455M), Switzerland (¥318M), Malaysia (¥285M), and Thailand (¥132M).

Growth In August 2024, the decrease in Other Clocks and Watches's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (¥-48.2M or -21.6%), Malaysia (¥-48.1M or -82.9%), and Thailand (¥-44.5M or -28.5%). In August 2024, the increase in Other Clocks and Watches's year-by-year imports was explained primarily by an increase in imports from Vietnam (¥19.8M or 278%), Switzerland (¥11.3M or 4.58%), and Philippines (¥4.87M or 96.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-49.7M(-6.32%)
IMPORT GROWTH (August 2023 - August 2024)¥42.1M(2.33%)
MAIN EXPORTER (August 2024)Chiba¥813M
MAIN DESTINATION (August 2024)Hong Kong¥256M

This section shows Other Clocks and Watches's exports and imports data at subnational level for Japan. 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 Other Clocks and Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$80.3M
IMPORTS (2022)$139M
NET TRADE (2022)-$58.5M

In 2022, Japan exported $80.3M in Other Clocks and Watches. The main destinations of Japan exports on Other Clocks and Watches were Hong Kong ($28.7M), China ($17M), Thailand ($13.7M), Singapore ($10.5M), and Switzerland ($3.51M).

In 2022, Japan imported $139M in Other Clocks and Watches, mainly from China ($36.7M), Switzerland ($30.2M), Singapore ($29.2M), Thailand ($21.1M), and Malaysia ($15.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Clocks and Watches EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Switzerland$1.38M (64.5%)
Singapore$429k (4.25%)
Chinese Taipei$395k (351%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Clocks and Watches BY Japan WERE (2021 - 2022):
Thailand-$8.2M (-37.4%)
China-$5.66M (-24.9%)
Hong Kong-$4.93M (-14.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Other Clocks and Watches were:
Switzerland $417M
China $356M
France $151M
In 2022, Japan's main importing competitors in Other Clocks and Watches were:
Switzerland $376M
Hong Kong $242M

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Trade Value of Other Clocks and Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $1.05M
TOP IMPORT POTENTIALChina+ $4.12M

Other Clocks and Watches’s highest export potential is Switzerland. With an export gap of $1.05M.   Other Clocks and Watches’s highest import potential is China with an import gap of $4.12M.

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