2022
Exports
$10.2MWorld Rnk 38 / 178
Flag Rnk 242 / 1168
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$28.3MWorld Rnk 47 / 208
Flag Rnk 305 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $10.2M in Precious Metal Watches, making it the 38th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 242nd most exported product in New Zealand. The main destination of Precious Metal Watches exports from New Zealand are: United States ($5M), Hong Kong ($1.76M), Australia ($1.55M), Singapore ($1.33M), and Switzerland ($170k).

The fastest growing export markets for Precious Metal Watches of New Zealand between 2021 and 2022 were United States ($4.4M), Singapore ($1.15M), and Australia ($779k).

Imports In 2022, New Zealand imported $28.3M in Precious Metal Watches, becoming the 47th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 305th most imported product in New Zealand. New Zealand imports Precious Metal Watches primarily from: Switzerland ($16.7M), Singapore ($4.94M), Australia ($3.56M), Hong Kong ($1.6M), and China ($476k).

The fastest growing import markets in Precious Metal Watches for New Zealand between 2021 and 2022 were Singapore ($3.13M), Hong Kong ($1.29M), and Switzerland ($478k).

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)$10.2M
IMPORTS (2022)$28.3M
NET TRADE (2022)-$18.1M

In 2022, New Zealand exported $10.2M in Precious Metal Watches. The main destinations of New Zealand exports on Precious Metal Watches were United States ($5M), Hong Kong ($1.76M), Australia ($1.55M), Singapore ($1.33M), and Switzerland ($170k).

In 2022, New Zealand imported $28.3M in Precious Metal Watches, mainly from Switzerland ($16.7M), Singapore ($4.94M), Australia ($3.56M), Hong Kong ($1.6M), and China ($476k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$4.4M (733%)
Singapore$1.15M (612%)
Australia$779k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY New Zealand WERE (2021 - 2022):
Hong Kong-$1.78M (-50.3%)
China-$153k (-100%)
Macau-$68.4k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Precious Metal Watches were:
In 2022, New Zealand'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
View
TOP EXPORT POTENTIALUnited States+ $945k
TOP IMPORT POTENTIALUnited States+ $397k

Precious Metal Watches’s highest export potential is United States. With an export gap of $945k.   Precious Metal Watches’s highest import potential is United States with an import gap of $397k.

See methodology.

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