2022
Exports
$53.9MWorld Rnk 5 / 111
Flag Rnk 200 / 1177
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$427MWorld Rnk 1 / 168
Flag Rnk 107 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $53.9M in Watch Movements, making it the 5th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 200th most exported product in Hong Kong. The main destination of Watch Movements exports from Hong Kong are: India ($11.9M), Philippines ($7.54M), United States ($4.86M), Switzerland ($4.65M), and China ($4.59M).

The fastest growing export markets for Watch Movements of Hong Kong between 2021 and 2022 were United States ($3.5M), Netherlands ($3.48M), and Brazil ($1.36M).

Imports In 2022, Hong Kong imported $427M in Watch Movements, becoming the 1st largest importer of Watch Movements in the world. At the same year, Watch Movements was the 107th most imported product in Hong Kong. Hong Kong imports Watch Movements primarily from: Japan ($263M), China ($70.7M), Switzerland ($40.4M), United Kingdom ($26.5M), and Italy ($9.66M).

The fastest growing import markets in Watch Movements for Hong Kong between 2021 and 2022 were Italy ($2.59M), United States ($2.26M), and Malaysia ($678k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Watch Movements. 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)$53.9M
IMPORTS (2022)$427M
NET TRADE (2022)-$373M

In 2022, Hong Kong exported $53.9M in Watch Movements. The main destinations of Hong Kong exports on Watch Movements were India ($11.9M), Philippines ($7.54M), United States ($4.86M), Switzerland ($4.65M), and China ($4.59M).

In 2022, Hong Kong imported $427M in Watch Movements, mainly from Japan ($263M), China ($70.7M), Switzerland ($40.4M), United Kingdom ($26.5M), and Italy ($9.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$3.5M (258%)
Netherlands$3.48M (798%)
Brazil$1.36M (66.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Hong Kong WERE (2021 - 2022):
Chinese Taipei-$3.46M (-74.5%)
Switzerland-$3.32M (-41.7%)
Nepal-$2.76M (-84.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hong Kong's main exporting competitors in Watch Movements were:
In 2022, Hong Kong's main importing competitors in Watch Movements were:
China $72.7M

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.05M
TOP IMPORT POTENTIALMalaysia+ $832k

Watch Movements’s highest export potential is China. With an export gap of $1.05M.   Watch Movements’s highest import potential is Malaysia with an import gap of $832k.

See methodology.

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