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Pricing

2022
Exports | Imports $102M | $72.7MWorld Rnk 3 / 111
Flag Rnk 872 / 1216
World Rnk 2 / 168
Flag Rnk 713 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $1.39M | $5.79MFrance |  Malaysia
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Watch Movements1.77Rnk 15 / 1025

About

Exports In 2022, China exported $102M in Watch Movements, making it the 3rd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 872nd most exported product in China. The main destination of Watch Movements exports from China are: Hong Kong ($70.7M), Japan ($7.87M), Switzerland ($4.75M), China ($4.7M), and France ($3.08M).

The fastest growing export markets for Watch Movements of China between 2021 and 2022 were France ($1.39M), India ($1M), and Australia ($682k).

Imports In 2022, China imported $72.7M in Watch Movements, becoming the 2nd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 713th most imported product in China. China imports Watch Movements primarily from: Japan ($32.8M), Malaysia ($12.9M), Switzerland ($10.2M), China ($4.7M), and Hong Kong ($4.59M).

The fastest growing import markets in Watch Movements for China between 2021 and 2022 were Malaysia ($5.79M), Singapore ($1.59M), and Indonesia ($302k).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (2.38k), LG ELECTRONICS U.S.A. INC. (712), and AMAZON SERVICES LLC (464) were at the forefront of shipping Watch Movements from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Watch Movements exports accounted up to $1.34M and imports accounted up to $11.4M, resulting in a negative trade balance of $10.1M. Between February 2023 and February 2024 the exports of China's   Watch Movements have decreased by $-2.21M (-62.2%) from $3.56M to $1.34M, while imports increased by $395k (3.58%) from $11M to $11.4M.

Destinations In February 2024, Watch Movements were exported mostly to Hong Kong ($869k), Switzerland ($177k), Indonesia ($65k), Pakistan ($49.2k), and Brazil ($34.3k), and were imported mostly from Japan ($7.84M), North Korea ($1.58M), Malaysia ($1.34M), Switzerland ($478k), and China ($71.3k).

Growth In February 2024, the decrease in Watch Movements's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-5.84M or -82.9%), Switzerland ($-548k or -88.1%), and United States ($-49.3k or -82.7%). In February 2024, the increase in Watch Movements's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-2.21M(-62.2%)
IMPORT GROWTH (February 2023 - February 2024)$395k(3.58%)
MAIN EXPORTER (February 2024)Hubei Province$796k
MAIN DESTINATION (February 2024)Hong Kong$869k

This section shows Watch Movements's exports and imports data at subnational level for China. 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 Watch Movements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$102M
IMPORTS (2022)$72.7M
NET TRADE (2022)$29.2M

In 2022, China exported $102M in Watch Movements. The main destinations of China exports on Watch Movements were Hong Kong ($70.7M), Japan ($7.87M), Switzerland ($4.75M), China ($4.7M), and France ($3.08M).

In 2022, China imported $72.7M in Watch Movements, mainly from Japan ($32.8M), Malaysia ($12.9M), Switzerland ($10.2M), China ($4.7M), and Hong Kong ($4.59M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR China WERE (2021 - 2022):
France$1.39M (82.8%)
India$1M (451%)
Australia$682k (532%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY China WERE (2021 - 2022):
Hong Kong-$14.4M (-16.9%)
Japan-$8.67M (-52.4%)
Malaysia-$7.26M (-94%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Watch Movements were:
Japan $354M
Switzerland $177M
In 2022, China's main importing competitors in Watch Movements were:
Hong Kong $427M
Singapore $50.4M

Explore Visualizations

Trade Value of Watch Movements by Exporters

Keep Exploring

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