Exports In 2022, Japan exported $354M in Watch Movements, making it the 1st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 252nd most exported product in Japan. The main destination of Watch Movements exports from Japan are: Hong Kong ($263M), Thailand ($35.3M), China ($32.8M), India ($7.12M), and Brazil ($3.62M).
The fastest growing export markets for Watch Movements of Japan between 2021 and 2022 were Thailand ($4.22M), Germany ($617k), and United Kingdom ($222k).
Imports In 2022, Japan imported $36.7M in Watch Movements, becoming the 7th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 792nd most imported product in Japan. Japan imports Watch Movements primarily from: Malaysia ($14.6M), Switzerland ($12.6M), China ($7.87M), Italy ($700k), and Hong Kong ($368k).
The fastest growing import markets in Watch Movements for Japan between 2021 and 2022 were Malaysia ($5.42M), Australia ($75k), and Belgium ($62.9k).
COMPANIES In 2023, leading companies such as General Motors (5) were at the forefront of shipping Watch Movements from Japan to the United States.