HS Icon Clock Movements

Clock movements; complete and assembled

9109 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Clock Movements. In 2021, Clock Movements were the world's 1192nd most traded product, with a total trade of $66.9M. Between 2020 and 2021 the exports of Clock Movements grew by 25.9%, from $53.1M to $66.9M. Trade in Clock Movements represent 0.00032% of total world trade.

Clock Movements are a part of Clocks, watches, & parts. They include Clock movements, complete and assembled, battery nes, Clock movements, complete & assembled, non-battery ne, and Clock movements, complete and assembled, battery/alar.

Exports In 2021 the top exporters of Clock Movements  were China ($29.5M), Germany ($8.86M), Thailand ($5.62M), Switzerland ($4.48M), and Hong Kong ($3.27M).

Imports In 2021 the top importers of Clock Movements were United States ($9.66M), India ($8.98M), Hong Kong ($5.29M), Germany ($4.71M), and China ($3.97M).

Tariffs In 2018 the average tariff for Clock Movements was 8.09%, making it the 533rd lowest tariff using the HS4 product classification.

Description Clock movements are used to make clocks. They can be made from a variety of materials, including wood, metal, plastic, and glass.

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Y-AXIS SCALE

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

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

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $29.5M

Top Destination (2021): United States, $9.66M

Clock Movements are the world's 1192nd most traded product.

In 2021, the top exporters of Clock Movements were China ($29.5M), Germany ($8.86M), Thailand ($5.62M), Switzerland ($4.48M), and Hong Kong ($3.27M).

In 2021, the top importers of Clock Movements were United States ($9.66M), India ($8.98M), Hong Kong ($5.29M), Germany ($4.71M), and China ($3.97M).

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Market Dynamics

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Trade by country

Color

Top Origin Decrease (2020 -  2021): Portugal, -$374k

Top Destination Growth (2020 -  2021): United States, $3.16M

Between 2020 and 2021, the fastest declining exporters of Clock Movements were Portugal (-$374k), Singapore (-$362k), Australia (-$350k), United States (-$283k), and Pakistan (-$246k).

Between 2020 and 2021, the fastest growing importers of Clock Movements were United States ($3.16M), India ($2.14M), Germany ($1.49M), Hong Kong ($1.36M), and Oman ($1.18M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Clock Movements.

In 2021, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Clock Movements are explained by 8 countries.

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TOP NET EXPORTER (2021): China, $25.5M

TOP NET IMPORTER (2021): India, $8.86M

This map shows which countries export or import more of Clock Movements. Each country is colored based on the difference in exports and imports of Clock Movements during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Clock Movements were China ($25.5M), Thailand ($4.65M), Germany ($4.15M), Switzerland ($3.62M), and Italy ($1.19M).

In 2021, the countries that had a largest trade value in imports than in exports of Clock Movements were India ($8.86M), United States ($8.45M), Indonesia ($2.42M), Hong Kong ($2.02M), and Turkey ($1.52M).

Disaggregation

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Value

In 2021, the world most traded Clock Movements, disaggragated by their HS6 level were Clock movements, complete and assembled, battery... ($38.8M), Clock movements, complete & assembled, non-battery... ($28.1M), and Clock movements, complete and assembled, battery/alar ($19)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Clock Movements.
It is possible to select the main countries that export or import Clock Movements in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Clock Movements to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.