HS Icon Precious Metal Watches in  Flag Switzerland

2020
Exports | Imports
: $6.07B | $1.1B, World Rnk 1 / 163
Flag Rnk 8 / 1208 | World Rnk 2 / 202
Flag Rnk 32 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $150M | $31.2M, China |  Netherlands


ECONOMIC COMPLEXITY of Switzerland
: 1.99, Rnk 2 / 127


PRODUCT COMPLEXITY  IN Precious Metal Watches
: 0.61, Rnk 319 / 1028

Exports In 2020, Switzerland exported $6.07B in Precious Metal Watches, making it the 1st largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 8th most exported product in Switzerland. The main destination of Precious Metal Watches exports from Switzerland are: United States ($691M), Hong Kong ($680M), China ($576M), Singapore ($485M), and Japan ($410M).

The fastest growing export markets for Precious Metal Watches of Switzerland between 2019 and 2020 were China ($150M), Oman ($67.7M), and Ireland ($38M).

Imports In 2020, Switzerland imported $1.1B in Precious Metal Watches, becoming the 2nd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 32nd most imported product in Switzerland. Switzerland imports Precious Metal Watches primarily from: Hong Kong ($143M), France ($135M), United States ($134M), Germany ($126M), and United Kingdom ($113M).

The fastest growing import markets in Precious Metal Watches for Switzerland between 2019 and 2020 were Netherlands ($31.2M), Ireland ($3.77M), and Canada ($1.82M).

Tariffs In 2019, the average tariff for Switzerland in Precious Metal Watches was 0.27%. The countries with the highest import tariffs for Precious Metal Watches were Western Sahara (Most Favoured Nation duty rate treatement, 1.03%), Mayotte (Most Favoured Nation duty rate treatement, 1.03%), Reunion (Most Favoured Nation duty rate treatement, 1.03%), Antarctica (Most Favoured Nation duty rate treatement, 1.03%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 1.03%).

Subnational Monthly Trade

#permalink to section
View
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 Precious Metal Watches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2020): $6.07B

IMPORTS (2020): $1.1B

NET TRADE (2020): $4.97B

In 2020, Switzerland exported $6.07B in Precious Metal Watches. The main destinations of Switzerland exports on Precious Metal Watches were United States ($691M), Hong Kong ($680M), China ($576M), Singapore ($485M), and Japan ($410M).

In 2020, Switzerland imported $1.1B in Precious Metal Watches, mainly from Hong Kong ($143M), France ($135M), United States ($134M), Germany ($126M), and United Kingdom ($113M).

Explore Visualizations

IN 2020, Switzerland HAD A POSITIVE NET TRADE IN Precious Metal Watches WITH:

IN 2020, Switzerland HAD A NEGATIVE NET TRADE IN Precious Metal Watches WITH:

Flow

THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Switzerland WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Switzerland WERE (2019 - 2020):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2019, Switzerland's main exporting competitors in Precious Metal Watches were:

In 2019, Switzerland's main importing competitors in Precious Metal Watches were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2019, the average tariff for Switzerland in Precious Metal Watches was 0.27%.

The countries with the highest tariffs for Precious Metal Watches in Switzerland were Western Sahara (Most Favoured Nation duty rate treatement, 1.03%), Mayotte (Most Favoured Nation duty rate treatement, 1.03%), Reunion (Most Favoured Nation duty rate treatement, 1.03%), Antarctica (Most Favoured Nation duty rate treatement, 1.03%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 1.03%).