Watch Movements in Japan 2019 Exports | Imports : $513M | $62.2M, World Rnk 1 / 89 Rnk 185 / 1200 | World Rnk 4 / 173 Rnk 676 / 1211
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $9.26M | $3.29M, Thailand | Malaysia
2019 ECONOMIC COMPLEXITY of Japan: 2.23, Rnk 1 / 147
2019 PRODUCT COMPLEXITY IN Watch Movements: 1.31, Rnk 81 / 1029
Exports In 2019, Japan exported $513M in Watch Movements, making it the 1st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 185th most exported product in Japan. The main destination of Watch Movements exports from Japan are: Hong Kong ($392M), China ($60.5M), Thailand ($37.6M), India ($5.65M), and Brazil ($5.57M).
The fastest growing export markets for Watch Movements of Japan between 2018 and 2019 were Thailand ($9.26M), India ($2.26M), and Philippines ($389k).
Imports In 2019, Japan imported $62.2M in Watch Movements, becoming the 4th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 676th most imported product in Japan. Japan imports Watch Movements primarily from: China ($29.5M), Malaysia ($15.4M), Switzerland ($14.8M), United States ($873k), and Hong Kong ($661k).
The fastest growing import markets in Watch Movements for Japan between 2018 and 2019 were Malaysia ($3.29M), Italy ($324k), and Thailand ($77.1k).
June 2021
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%).
EXPORT GROWTH (June 2020 - June 2021): ¥2.21B, (125%)
IMPORT GROWTH (June 2020 - June 2021): ¥-1.95M, (-0.47%)
MAIN EXPORTER (June 2021): Chiba, ¥3.47B
MAIN DESTINATION (June 2021): Hong Kong, ¥3.3B
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 (2019): $513M
IMPORTS (2019): $62.2M
NET TRADE (2019): $451M
In 2019, Japan exported $513M in Watch Movements. The main destinations of Japan exports on Watch Movements were Hong Kong ($392M), China ($60.5M), Thailand ($37.6M), India ($5.65M), and Brazil ($5.57M).
In 2019, Japan imported $62.2M in Watch Movements, mainly from China ($29.5M), Malaysia ($15.4M), Switzerland ($14.8M), United States ($873k), and Hong Kong ($661k).
IN 2019, Japan HAD A POSITIVE NET TRADE IN Watch Movements WITH:
IN 2019, Japan HAD A NEGATIVE NET TRADE IN Watch Movements WITH:
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Japan WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Japan WERE (2018 - 2019):
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.