Overview In June 2021 Japan's Watch Movements exports accounted up to ¥3.98B and imports accounted up to ¥415M, resulting in a positive trade balance of ¥3.56B. Between June 2020 and June 2021 the exports of Japan's Watch Movements have increased by ¥2.21B (125%) from ¥1.77B to ¥3.98B, while imports decreased by ¥-1.95M (-0.47%) from ¥417M to ¥415M.
Destinations In June 2021, Watch Movements were exported mostly to Hong Kong (¥3.3B), Thailand (¥351M), China (¥197M), India (¥60.8M), and Brazil (¥43.6M), and were imported mostly from China (¥275M), Switzerland (¥136M), Malaysia (¥1.53M), Hong Kong (¥878k), and Germany (¥500k).
Growth In June 2021, the increase in Watch Movements's year-by-year exports was explained primarily by an increase in exports to Hong Kong (¥1.95B or 144%), Thailand (¥257M or 274%), and India (¥60.5M or 24.7k%). In June 2021, the decrease in Watch Movements's year-by-year imports was explained primarily by a decrease in imports from Malaysia (¥-94.6M or -98.4%), Switzerland (¥-12.2M or -8.21%), and Hong Kong (¥-523k or -37.3%).