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2022
Exports $932MWorld Rnk 1 / 159
Flag Rnk 453 / 1216
2022
Destination $25.2M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $25.2MSwitzerland
2022
PRODUCT COMPLEXITY IN Watch Straps-0.095Rnk 579 / 1025
2022
Imports $146MWorld Rnk 3 / 197
Flag Rnk 572 / 1212
2022
Origin $2.36M China
2021 - 2022
FASTEST GROWING ORIGIN $2.36MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $932M in Watch Straps, making it the 1st largest exporter of Watch Straps in the world. At the same year, Watch Straps was the 453rd most exported product in China. The main destination of Watch Straps exports from China are: Hong Kong ($235M), Switzerland ($177M), China ($66.3M), United States ($60.8M), and Japan ($48.4M).

The fastest growing export markets for Watch Straps of China between 2021 and 2022 were Switzerland ($25.2M), Hong Kong ($20.7M), and Germany ($20.1M).

Imports In 2022, China imported $146M in Watch Straps, becoming the 3rd largest importer of Watch Straps in the world. At the same year, Watch Straps was the 572nd most imported product in China. China imports Watch Straps primarily from: China ($66.3M), France ($42.7M), Switzerland ($17.3M), Burma ($4.82M), and Italy ($2.6M).

The fastest growing import markets in Watch Straps for China between 2021 and 2022 were Italy ($2.36M), Burma ($691k), and Austria ($213k).

COMPANIES In 2023, leading companies such as CrimsonLogic (132), Amazon (13), and Walgreens (4) were at the forefront of shipping Watch Straps from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Watch Straps exports accounted up to $45.6M and imports accounted up to $10.2M, resulting in a positive trade balance of $35.5M. Between September 2023 and September 2024 the exports of China's   Watch Straps have decreased by $-13.3M (-22.6%) from $58.9M to $45.6M, while imports decreased by $-1.77M (-14.8%) from $11.9M to $10.2M.

Destinations In September 2024, Watch Straps were exported mostly to Hong Kong ($18.2M), United States ($4.44M), Switzerland ($3.84M), Vietnam ($2.45M), and Malaysia ($2.27M), and were imported mostly from China ($6.5M), Switzerland ($1.02M), Japan ($625k), France ($602k), and Thailand ($461k).

Growth In September 2024, the decrease in Watch Straps's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-7.27M or -36%), South Korea ($-1.34M or -60.1%), and United States ($-1.07M or -20.5%). In September 2024, the decrease in Watch Straps's year-by-year imports was explained primarily by a decrease in imports from China ($-2.01M or -38.2%), France ($-711k or -57.9%), and Switzerland ($-419k or -49.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-13.3M(-22.6%)
IMPORT GROWTH (September 2023 - September 2024)$-1.77M(-14.8%)
MAIN EXPORTER (September 2024)Guangdong Province$46.8M
MAIN DESTINATION (September 2024)Hong Kong$18.2M

This section shows Watch Straps's exports and imports data at subnational level for China. 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 Straps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$932M
IMPORTS (2022)$146M
NET TRADE (2022)$787M

In 2022, China exported $932M in Watch Straps. The main destinations of China exports on Watch Straps were Hong Kong ($235M), Switzerland ($177M), China ($66.3M), United States ($60.8M), and Japan ($48.4M).

In 2022, China imported $146M in Watch Straps, mainly from China ($66.3M), France ($42.7M), Switzerland ($17.3M), Burma ($4.82M), and Italy ($2.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Straps EXPORT MARKETS FOR China WERE (2021 - 2022):
Switzerland$25.2M (16.7%)
Hong Kong$20.7M (9.65%)
Germany$20.1M (92.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Straps BY China WERE (2021 - 2022):
United States-$39.6M (-39.5%)
China-$7.52M (-10.2%)
South Korea-$2.25M (-12.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Watch Straps were:
France $342M
Switzerland $337M
In 2022, China's main importing competitors in Watch Straps were:
Switzerland $677M
Hong Kong $296M

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Trade Value of Watch Straps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $9.77M
TOP IMPORT POTENTIALThailand+ $2.53M

Watch Straps’s highest export potential is India. With an export gap of $9.77M.   Watch Straps’s highest import potential is Thailand with an import gap of $2.53M.

See methodology.

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