Watch Movements in Japan

2019
Exports | Imports
: $513M | $62.2M, World Rnk 1 / 89
Flag Rnk 185 / 1200 | World Rnk 4 / 173
Flag Rnk 676 / 1211

2019
Destination | Origin
: $392M | $29.5M, Hong Kong | China

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $9.26M | $3.29M, Thailand |  Malaysia

2019
ECONOMIC COMPLEXITY of Japan
: 2.29, Rnk 1 / 157

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).

Overview: In February 2021 Japan's Watch Movements exports accounted up to Β₯2.28B and imports accounted up to Β₯337M, resulting in a positive trade balance of Β₯1.95B. Between February 2020 and February 2021 the exports of Japan's   Watch Movements have decreased by Β₯-408M (-15.1%) from Β₯2.69B to Β₯2.28B, while imports decreased by Β₯-38.4M (-10.2%) from Β₯375M to Β₯337M.

Destinations: In February 2021 Watch Movements exported mostly to Hong Kong (Β₯1.9B), Thailand (Β₯200M), India (Β₯78.4M), China (Β₯61.5M), and Brazil (Β₯29.5M), and imported mostly from Switzerland (Β₯173M), China (Β₯88.1M), Malaysia (Β₯73.9M), Hong Kong (Β₯2.02M), and Thailand (Β₯0).

Growth: In February 2021, the decrease in Watch Movements's year-by-year exports was explained primarily by a decrease in exports to China (Β₯-292M or -82.6%), Hong Kong (Β₯-114M or -5.67%), and Germany (Β₯-30.2M or -79.2%). In February 2021, the decrease in Watch Movements's year-by-year imports was explained primarily by a decrease in imports from Malaysia (Β₯-45.3M or -38%), Switzerland (Β₯-4.97M or -2.79%), and Hong Kong (Β₯-1.68M or -45.5%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (February 2020 - February 2021): Β₯-408M, (-15.1%)

IMPORT GROWTH (February 2020 - February 2021): Β₯-38.4M, (-10.2%)

MAIN EXPORTER (February 2021): Chiba, Β₯1.7B

MAIN DESTINATION (February 2021): Hong Kong, Β₯1.9B

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.

Value

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).

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IN 2019, Japan HAD A POSITIVE NET TRADE IN Watch Movements WITH:

IN 2019, Japan HAD A NEGATIVE NET TRADE IN Watch Movements WITH:

Flow

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):

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Market Concentration

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Flow
Type

In 2018, Japan's main exporting competitors in Watch Movements were:

In 2018, Japan's main importing competitors in Watch Movements were:

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Tariffs by Country

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In 2018, the tariffs for Watch Movements in the imports of Japan were of 0% around the world.

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