NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $30.4MWorld Rnk 27 / 180
Flag Rnk 569 / 1212
2023
Destination $9.66M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $9.66MHong Kong
2023
PRODUCT COMPLEXITY IN Precious Metal Watches0.62Rnk 321 / 1025
2023
Imports $162MWorld Rnk 22 / 210
Flag Rnk 444 / 1211
2023
Origin $26.5M Switzerland
2022 - 2023
FASTEST GROWING ORIGIN $26.5MHong Kong
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $30.4M in Precious Metal Watches, making it the 27th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 569th most exported product in Canada. The main destination of Precious Metal Watches exports from Canada are: Hong Kong ($21.9M), Switzerland ($3.39M), United States ($2.05M), Macau ($1.54M), and Spain ($361k).

The fastest growing export markets for Precious Metal Watches of Canada between 2022 and 2023 were Hong Kong ($9.66M), Switzerland ($1.29M), and China ($224k).

Imports In 2023, Canada imported $162M in Precious Metal Watches, becoming the 22nd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 444th most imported product in Canada. Canada imports Precious Metal Watches primarily from: Switzerland ($102M), Hong Kong ($28.2M), Japan ($13.8M), United States ($7.3M), and China ($2.43M).

The fastest growing import markets in Precious Metal Watches for Canada between 2022 and 2023 were Hong Kong ($26.5M), Peru ($754k), and United States ($740k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Precious Metal Watches exports accounted up to C$3.38M and imports accounted up to C$27.2M, resulting in a negative trade balance of C$23.8M. Between November 2023 and November 2024 the exports of Canada's   Precious Metal Watches have decreased by C$-40.6k (-1.19%) from C$3.42M to C$3.38M, while imports increased by C$2.27M (9.09%) from C$25M to C$27.2M.

Destinations In November 2024, Precious Metal Watches were exported mostly to Hong Kong (C$3.3M), Japan (C$26.1k), United Kingdom (C$19.5k), France (C$18.2k), and China (C$13.8k), and were imported mostly from Switzerland (C$24.5M), Japan (C$1.62M), China (C$354k), United States (C$275k), and Germany (C$209k).

Growth In November 2024, the decrease in Precious Metal Watches's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Precious Metal Watches's year-by-year imports was explained primarily by an increase in imports from Switzerland (C$5.12M or 67.6%), China (C$188k or 148%), and Germany (C$108k or 159%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-40.6k(-1.19%)
IMPORT GROWTH (November 2023 - November 2024)C$2.27M(9.09%)
MAIN EXPORTER (November 2024)OntarioC$4.39M
MAIN DESTINATION (November 2024)Hong KongC$3.3M

This section shows Precious Metal Watches's exports and imports data at subnational level for Canada. 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 Precious Metal Watches over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$30.4M
IMPORTS (2023)$162M
NET TRADE (2023)-$131M

In 2023, Canada exported $30.4M in Precious Metal Watches. The main destinations of Canada exports on Precious Metal Watches were Hong Kong ($21.9M), Switzerland ($3.39M), United States ($2.05M), Macau ($1.54M), and Spain ($361k).

In 2023, Canada imported $162M in Precious Metal Watches, mainly from Switzerland ($102M), Hong Kong ($28.2M), Japan ($13.8M), United States ($7.3M), and China ($2.43M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Hong Kong$9.66M (79.2%)
Switzerland$1.29M (61.3%)
China$224k (468%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Canada WERE (2022 - 2023):
Macau-$2.66M (-63.3%)
United States-$1.99M (-49.3%)
Jamaica-$306k (-99.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Precious Metal Watches were:
Switzerland $12.4B
France $826M
Singapore $636M
In 2023, Canada's main importing competitors in Precious Metal Watches were:
Hong Kong $2.61B
United States $1.89B
Switzerland $1.53B

Explore Visualizations

Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.1M
TOP IMPORT POTENTIALUnited States+ $9.68M

Precious Metal Watches’s highest export potential is United States. With an export gap of $11.1M.   Precious Metal Watches’s highest import potential is United States with an import gap of $9.68M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms