2022
Exports
$556MWorld Rnk 6 / 178
Flag Rnk 366 / 1217
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$1.76BWorld Rnk 2 / 208
Flag Rnk 270 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $556M in Precious Metal Watches, making it the 6th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 366th most exported product in United States. The main destination of Precious Metal Watches exports from United States are: Switzerland ($198M), Hong Kong ($148M), United Arab Emirates ($56.2M), Canada ($35.7M), and Singapore ($18.1M).

The fastest growing export markets for Precious Metal Watches of United States between 2021 and 2022 were Switzerland ($48.3M), United Arab Emirates ($32M), and Hong Kong ($15.8M).

Imports In 2022, United States imported $1.76B 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 270th most imported product in United States. United States imports Precious Metal Watches primarily from: Switzerland ($1.41B), United Arab Emirates ($83.9M), United Kingdom ($58.3M), Portugal ($26.3M), and France ($24.4M).

The fastest growing import markets in Precious Metal Watches for United States between 2021 and 2022 were Switzerland ($223M), United Arab Emirates ($55.3M), and Portugal ($10.6M).

COMPANIES In 2023, leading companies such as CrimsonLogic (193), Del Monte Foods (32), and Motorola (18) were at the forefront of shipping Precious Metal Watches to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-15.8M(-18.3%)
IMPORT GROWTH (June 2023 - June 2024)$-2.96M(-1.8%)
MAIN EXPORTER (June 2024)New York$58M
MAIN DESTINATION (June 2024)Hong Kong$31.2M

This section shows Precious Metal Watches's exports and imports data at subnational level for United States. 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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$556M
IMPORTS (2022)$1.76B
NET TRADE (2022)-$1.21B

In 2022, United States exported $556M in Precious Metal Watches. The main destinations of United States exports on Precious Metal Watches were Switzerland ($198M), Hong Kong ($148M), United Arab Emirates ($56.2M), Canada ($35.7M), and Singapore ($18.1M).

In 2022, United States imported $1.76B in Precious Metal Watches, mainly from Switzerland ($1.41B), United Arab Emirates ($83.9M), United Kingdom ($58.3M), Portugal ($26.3M), and France ($24.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR United States WERE (2021 - 2022):
Switzerland$48.3M (32.4%)
Hong Kong$15.8M (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY United States WERE (2021 - 2022):
Japan-$5.49M (-38.6%)
Germany-$3.12M (-43.6%)
United Kingdom-$3.08M (-22.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $9.68M
TOP IMPORT POTENTIALFrance+ $16.9M

Precious Metal Watches’s highest export potential is Canada. With an export gap of $9.68M.   Precious Metal Watches’s highest import potential is France with an import gap of $16.9M.

See methodology.

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