2021
Exports | Imports
$5.28M | $8.22MWorld Rnk 13 / 107
Flag Rnk 678 / 1195
World Rnk 16 / 169
Flag Rnk 787 / 1206
2021
ECONOMIC COMPLEXITY of Singapore
1.74Rnk 6 / 131
2021
PRODUCT COMPLEXITY IN Watch Movements
1.74Rnk 18 / 1024

About

Exports In 2021, Singapore exported $5.28M in Watch Movements, making it the 13th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 678th most exported product in Singapore. The main destination of Watch Movements exports from Singapore are: China ($1.82M), Malaysia ($1.28M), Hong Kong ($1.27M), Switzerland ($178k), and Indonesia ($162k).

The fastest growing export markets for Watch Movements of Singapore between 2020 and 2021 were Hong Kong ($303k), Germany ($147k), and Indonesia ($86.3k).

Imports In 2021, Singapore imported $8.22M in Watch Movements, becoming the 16th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 787th most imported product in Singapore. Singapore imports Watch Movements primarily from: Malaysia ($4.49M), Switzerland ($1.77M), United States ($582k), Italy ($429k), and Japan ($182k).

The fastest growing import markets in Watch Movements for Singapore between 2020 and 2021 were Malaysia ($4.43M), Switzerland ($366k), and United States ($244k).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Watch Movements. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$5.28M
IMPORTS (2021)$8.22M
NET TRADE (2021)-$2.94M

In 2021, Singapore exported $5.28M in Watch Movements. The main destinations of Singapore exports on Watch Movements were China ($1.82M), Malaysia ($1.28M), Hong Kong ($1.27M), Switzerland ($178k), and Indonesia ($162k).

In 2021, Singapore imported $8.22M in Watch Movements, mainly from Malaysia ($4.49M), Switzerland ($1.77M), United States ($582k), Italy ($429k), and Japan ($182k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Singapore WERE (2020 - 2021):
Hong Kong$303k (31.4%)
Germany$147k (4.17k%)
Indonesia$86.3k (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Singapore WERE (2020 - 2021):
Malaysia-$435k (-25.3%)
Switzerland-$200k (-52.9%)
United Arab Emirates-$183k (-86.6%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Singapore's main exporting competitors in Watch Movements were:
In 2021, Singapore's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

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