2022
Exports
$2.24MWorld Rnk 16 / 111
Flag Rnk 1094 / 1214
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$4.35MWorld Rnk 20 / 168
Flag Rnk 1089 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $2.24M in Watch Movements, making it the 16th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1094th most exported product in Spain. The main destination of Watch Movements exports from Spain are: Netherlands ($1.43M), Belgium ($298k), Hong Kong ($165k), Switzerland ($144k), and France ($110k).

The fastest growing export markets for Watch Movements of Spain between 2021 and 2022 were Belgium ($290k), Hong Kong ($142k), and Morocco ($17.7k).

Imports In 2022, Spain imported $4.35M in Watch Movements, becoming the 20th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1089th most imported product in Spain. Spain imports Watch Movements primarily from: Switzerland ($2.25M), Netherlands ($903k), China ($383k), Belgium ($200k), and France ($166k).

The fastest growing import markets in Watch Movements for Spain between 2021 and 2022 were Belgium ($199k), China ($87k), and Greece ($40k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Watch Movements from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€33.7k(166%)
IMPORT GROWTH (June 2023 - June 2024)€22.6k(9.86%)
MAIN EXPORTER (June 2024)Madrid€44.1k
MAIN DESTINATION (June 2024)Switzerland€41.1k

This section shows Watch Movements's exports and imports data at subnational level for Spain. 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)$2.24M
IMPORTS (2022)$4.35M
NET TRADE (2022)-$2.1M

In 2022, Spain exported $2.24M in Watch Movements. The main destinations of Spain exports on Watch Movements were Netherlands ($1.43M), Belgium ($298k), Hong Kong ($165k), Switzerland ($144k), and France ($110k).

In 2022, Spain imported $4.35M in Watch Movements, mainly from Switzerland ($2.25M), Netherlands ($903k), China ($383k), Belgium ($200k), and France ($166k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Belgium$290k (3.66k%)
Hong Kong$142k (632%)
Morocco$17.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Spain WERE (2021 - 2022):
Netherlands-$1.34M (-48.3%)
Italy-$163k (-99.4%)
France-$142k (-56.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Watch Movements were:
In 2022, Spain's main importing competitors in Watch Movements were:

Explore Visualizations

Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $151k
TOP IMPORT POTENTIALChina+ $207k

Watch Movements’s highest export potential is France. With an export gap of $151k.   Watch Movements’s highest import potential is China with an import gap of $207k.

See methodology.

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