2022
Exports
$9.41BWorld Rnk 1 / 178
Flag Rnk 7 / 1211
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$1.5BWorld Rnk 3 / 208
Flag Rnk 28 / 1213
2022
ECONOMIC COMPLEXITY of Switzerland
1.97Rnk 2 / 133

About

Exports In 2022, Switzerland exported $9.41B 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 7th most exported product in Switzerland. The main destination of Precious Metal Watches exports from Switzerland are: United States ($1.41B), Hong Kong ($814M), China ($795M), Singapore ($793M), and Japan ($637M).

The fastest growing export markets for Precious Metal Watches of Switzerland between 2021 and 2022 were United States ($223M), Singapore ($128M), and United Kingdom ($85.6M).

Imports In 2022, Switzerland imported $1.5B in Precious Metal Watches, becoming the 3rd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 28th most imported product in Switzerland. Switzerland imports Precious Metal Watches primarily from: Hong Kong ($208M), France ($204M), United States ($198M), Germany ($169M), and United Arab Emirates ($110M).

The fastest growing import markets in Precious Metal Watches for Switzerland between 2021 and 2022 were Hong Kong ($75.4M), United States ($48.3M), and Singapore ($41.7M).

Latest Trends

Oct 2024

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 Precious Metal Watches. 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 (2022)$9.41B
IMPORTS (2022)$1.5B
NET TRADE (2022)$7.91B

In 2022, Switzerland exported $9.41B in Precious Metal Watches. The main destinations of Switzerland exports on Precious Metal Watches were United States ($1.41B), Hong Kong ($814M), China ($795M), Singapore ($793M), and Japan ($637M).

In 2022, Switzerland imported $1.5B in Precious Metal Watches, mainly from Hong Kong ($208M), France ($204M), United States ($198M), Germany ($169M), and United Arab Emirates ($110M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
United States$223M (18.8%)
Singapore$128M (19.2%)
United Kingdom$85.6M (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Switzerland WERE (2021 - 2022):
Macau-$260M (-92%)
Hong Kong-$106M (-11.5%)
China-$96.5M (-10.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Switzerland's main exporting competitors in Precious Metal Watches were:
In 2022, Switzerland's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $68.1M
TOP IMPORT POTENTIALItaly+ $9.82M

Precious Metal Watches’s highest export potential is Germany. With an export gap of $68.1M.   Precious Metal Watches’s highest import potential is Italy with an import gap of $9.82M.

See methodology.

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