Exports In 2020, Switzerland exported $168M in Watch Movements, making it the 2nd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 159th most exported product in Switzerland. The main destination of Watch Movements exports from Switzerland are: Hong Kong ($47.2M), Germany ($21.9M), China ($18.6M), United States ($15.7M), and Japan ($15.7M).
The fastest growing export markets for Watch Movements of Switzerland between 2019 and 2020 were Germany ($3.4M), China ($2.92M), and Japan ($844k).
Imports In 2020, Switzerland imported $43.4M in Watch Movements, becoming the 4th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 498th most imported product in Switzerland. Switzerland imports Watch Movements primarily from: Hong Kong ($7.11M), United States ($6.77M), Netherlands ($6.56M), China ($6.56M), and Japan ($5.22M).
The fastest growing import markets in Watch Movements for Switzerland between 2019 and 2020 were Canada ($178k), Philippines ($113k), and United Arab Emirates ($109k).
Tariffs In 2019, the average tariff for Switzerland in Watch Movements was 7.95%. The countries with the highest import tariffs for Watch Movements were Western Sahara (Most Favoured Nation duty rate treatement, 30.9%), Mayotte (Most Favoured Nation duty rate treatement, 30.9%), Reunion (Most Favoured Nation duty rate treatement, 30.9%), Antarctica (Most Favoured Nation duty rate treatement, 30.9%), and French South Antarctic Territory (Most Favoured Nation duty rate treatement, 30.9%).