2023
Exports
$1.22MWorld Rnk 25 / 114
Flag Rnk 1065 / 1212
2023
PRODUCT COMPLEXITY IN Watch Movements
1.63Rnk 29 / 1025
2023
Imports
$15.9MWorld Rnk 12 / 175
Flag Rnk 792 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $1.22M in Watch Movements, making it the 25th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1065th most exported product in India. The main destination of Watch Movements exports from India are: Hong Kong ($475k), Chinese Taipei ($447k), Japan ($93.4k), China ($56.5k), and United States ($43.2k).

The fastest growing export markets for Watch Movements of India between 2022 and 2023 were Hong Kong ($204k), Japan ($93.4k), and Oman ($7.67k).

Imports In 2023, India imported $15.9M in Watch Movements, becoming the 12th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 792nd most imported product in India. India imports Watch Movements primarily from: China ($8.21M), Japan ($6.53M), Switzerland ($587k), Hong Kong ($315k), and United Kingdom ($74.5k).

The fastest growing import markets in Watch Movements for India between 2022 and 2023 were China ($6.84M), Japan ($820k), and United Kingdom ($72.8k).

COMPANIES In 2024, leading companies such as Arhaus (1) were at the forefront of shipping Watch Movements from India to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 (2023)$1.22M
IMPORTS (2023)$15.9M
NET TRADE (2023)-$14.7M

In 2023, India exported $1.22M in Watch Movements. The main destinations of India exports on Watch Movements were Hong Kong ($475k), Chinese Taipei ($447k), Japan ($93.4k), China ($56.5k), and United States ($43.2k).

In 2023, India imported $15.9M in Watch Movements, mainly from China ($8.21M), Japan ($6.53M), Switzerland ($587k), Hong Kong ($315k), and United Kingdom ($74.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR India WERE (2022 - 2023):
Hong Kong$204k (75.7%)
Japan$93.4k (1%)
Oman$7.67k (5.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY India WERE (2022 - 2023):
Chinese Taipei-$646k (-59.1%)
United States-$16.2k (-27.3%)
France-$10.9k (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Watch Movements were:
In 2023, India's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $188k
TOP IMPORT POTENTIALChina+ $1.74M

Watch Movements’s highest export potential is Hong Kong. With an export gap of $188k.   Watch Movements’s highest import potential is China with an import gap of $1.74M.

See methodology.

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