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911410 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.22BRnk 1973 / 4648
2022
Top Exporter | Top Importer $347M | $246MSwitzerland | Switzerland
2022
Product Complexity 0.89Rnk 953 / 4653
2021 - 2022
Export Growth (CAGR) 2.93k%Rnk 6 / 4648
2022
Share of World Trade 0.0051%Rnk 1973 / 4648

About

Overview This page contains the latest trade data of Clock or watch springs, including hair-springs. In 2022, Clock or watch springs, including hair-springs were the world's 1973rd most traded product, with a total trade of $1.22B. Between 2021 and 2022 the exports of Clock or watch springs, including hair-springs grew by 2.93k%, from $40.2M to $1.22B. Trade in Clock or watch springs, including hair-springs represent 0.0051% of total world trade.

Clock or watch springs, including hair-springs are a part of Other Clocks and Watches.

Exports In 2022 the top exporters of Clock or watch springs, including hair-springs  were Switzerland ($347M), China ($193M), France ($138M), Thailand ($121M), and Singapore ($92.5M).

Imports In 2022 the top importers of Clock or watch springs, including hair-springs were Switzerland ($246M), Hong Kong ($155M), Japan ($115M), Singapore ($96.5M), and France ($74.2M).

Ranking Clock or watch springs, including hair-springs ranks 953rd in the Product Complexity Index (PCI).

Description A watch spring is a coiled, flexible metal that is used to form a shape in a watch. A hair spring is a small, flat metal spring with a coil that is designed to regulate the motion of a clock's pendulum.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Clock or watch springs, including hair-springs. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Switzerland$347M
Top Destination (2022)Switzerland$246M

In 2022 Clock or watch springs, including hair-springs were the world's 1973rd most traded product (out of 4,648).

In 2022, the top exporters of Clock or watch springs, including hair-springs were Switzerland ($347M), China ($193M), France ($138M), Thailand ($121M), and Singapore ($92.5M).

In 2022, the top importers of Clock or watch springs, including hair-springs were Switzerland ($246M), Hong Kong ($155M), Japan ($115M), Singapore ($96.5M), and France ($74.2M).

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Exporters of Clock or watch springs, including hair-springs (2022)
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Importers of Clock or watch springs, including hair-springs (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$335M
Top Destination Growth (2021 -  2022)Switzerland$232M

Between 2021 and 2022, the exports of Clock or watch springs, including hair-springs grew the fastest in Switzerland ($335M), China ($191M), France ($126M), Thailand ($121M), and Singapore ($90.4M).

Between 2021 and 2022, the fastest growing importers of Clock or watch springs, including hair-springs were Switzerland ($232M), Hong Kong ($153M), Japan ($115M), Singapore ($93.9M), and France ($66.1M).

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Exporters of Clock or watch springs, including hair-springs (2021 - 2022)

Importers of Clock or watch springs, including hair-springs (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Clock or watch springs, including hair-springs.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Clock or watch springs, including hair-springs are explained by 10 countries.

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Value of Exports in Clock or watch springs, including hair-springs

Net Trade

TOP NET EXPORTER (2022)China$128M
TOP NET IMPORTER (2022)Hong Kong$112M

This map shows which countries export or import more of Clock or watch springs, including hair-springs. Each country is colored based on the difference in exports and imports of Clock or watch springs, including hair-springs during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Clock or watch springs, including hair-springs were China ($128M), Switzerland ($101M), France ($64.1M), Thailand ($58.2M), and Malaysia ($17.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Clock or watch springs, including hair-springs were Hong Kong ($112M), Japan ($48.7M), United States ($46.7M), Germany ($31M), and United Kingdom ($23.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Clock or watch springs, including hair-springs by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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