Watch Movements in Japan 2020 Exports | Imports : $275M | $47.9M, World Rnk 1 / 91 Rnk 261 / 1207 | World Rnk 3 / 172 Rnk 708 / 1206
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $826k | $3.76M, Germany | Malaysia
Exports In 2020, Japan exported $275M in Watch Movements, making it the 1st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 261st most exported product in Japan. The main destination of Watch Movements exports from Japan are: Hong Kong ($201M), China ($35.7M), Thailand ($22.6M), Switzerland ($5.22M), and India ($3.4M).
The fastest growing export markets for Watch Movements of Japan between 2019 and 2020 were Germany ($826k), Turkey ($128k), and Chinese Taipei ($74.5k).
Imports In 2020, Japan imported $47.9M in Watch Movements, becoming the 3rd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 708th most imported product in Japan. Japan imports Watch Movements primarily from: Malaysia ($19.2M), Switzerland ($15.7M), China ($11.1M), Italy ($617k), and United States ($594k).
The fastest growing import markets in Watch Movements for Japan between 2019 and 2020 were Malaysia ($3.76M), Switzerland ($844k), and Netherlands ($91.8k).
March 2022
Overview In March 2022 Japan's Watch Movements exports accounted up to ¥4.18B and imports accounted up to ¥396M, resulting in a positive trade balance of ¥3.79B. Between March 2021 and March 2022 the exports of Japan's Watch Movements have increased by ¥448M (12%) from ¥3.74B to ¥4.18B, while imports decreased by ¥-81.6M (-17.1%) from ¥478M to ¥396M.
Destinations In March 2022, Watch Movements were exported mostly to Hong Kong (Â¥3.41B), Thailand (Â¥317M), China (Â¥235M), India (Â¥127M), and Brazil (Â¥61.4M), and were imported mostly from Switzerland (Â¥184M), Malaysia (Â¥168M), China (Â¥33.1M), Hong Kong (Â¥9.45M), and Germany (Â¥1M).
Growth In March 2022, the increase in Watch Movements's year-by-year exports was explained primarily by an increase in exports to Hong Kong (Â¥114M or 5.54%), India (Â¥32.4M or 52%), and United States (Â¥1.01M or 64.8%). In March 2022, the decrease in Watch Movements's year-by-year imports was explained primarily by a decrease in imports from China (Â¥-63.8M or -38%), Malaysia (Â¥-50.9M or -36.5%), and Switzerland (Â¥-10.3M or -7.03%).
EXPORT GROWTH (March 2021 - March 2022): ¥448M, (12%)
IMPORT GROWTH (March 2021 - March 2022): ¥-81.6M, (-17.1%)
MAIN EXPORTER (March 2022): Chiba, ¥3.9B
MAIN DESTINATION (March 2022): Hong Kong, ¥3.41B
This section shows Watch Movements's exports and imports data at subnational level for Japan. 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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EXPORTS (2020): $275M
IMPORTS (2020): $47.9M
NET TRADE (2020): $227M
In 2020, Japan exported $275M in Watch Movements. The main destinations of Japan exports on Watch Movements were Hong Kong ($201M), China ($35.7M), Thailand ($22.6M), Switzerland ($5.22M), and India ($3.4M).
In 2020, Japan imported $47.9M in Watch Movements, mainly from Malaysia ($19.2M), Switzerland ($15.7M), China ($11.1M), Italy ($617k), and United States ($594k).
IN 2020, Japan HAD A POSITIVE NET TRADE IN Watch Movements WITH:
IN 2020, Japan HAD A NEGATIVE NET TRADE IN Watch Movements WITH:
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Japan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Japan WERE (2019 - 2020):
In 2019, Japan's main exporting competitors in Watch Movements were:
In 2019, Japan's main importing competitors in Watch Movements were:
In 2018, the tariffs for Watch Movements in the imports of Japan were of 0% around the world.
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