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911410 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.4BRnk 1756 / 4644
2023
Top Exporter | Top Importer $404M | $333MSwitzerland | Switzerland
2023
Product Complexity 0.82Rnk 1083 / 4656
2022 - 2023
Export Growth (CAGR) 9.39%Rnk 719 / 4644
2023
Share of World Trade 0.0062%Rnk 1756 / 4644

About

Overview This page contains the latest trade data of Clock or watch springs, including hair-springs. In 2023, Clock or watch springs, including hair-springs were the world's 1756th most traded product, with a total trade of $1.4B. Between 2022 and 2023 the exports of Clock or watch springs, including hair-springs grew by 9.39%, from $1.28B to $1.4B. Trade in Clock or watch springs, including hair-springs represent 0.0062% of total world trade.

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

Exports In 2023 the top exporters of Clock or watch springs, including hair-springs  were Switzerland ($404M), China ($238M), France ($161M), Thailand ($115M), and Hong Kong ($111M).

Imports In 2023 the top importers of Clock or watch springs, including hair-springs were Switzerland ($333M), Japan ($172M), Hong Kong ($164M), Singapore ($96M), and France ($95.7M).

Ranking Clock or watch springs, including hair-springs ranks 1083rd 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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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 (2023)Switzerland$404M
Top Destination (2023)Switzerland$333M

In 2023 Clock or watch springs, including hair-springs were the world's 1756th most traded product (out of 4,644).

In 2023, the top exporters of Clock or watch springs, including hair-springs were Switzerland ($404M), China ($238M), France ($161M), Thailand ($115M), and Hong Kong ($111M).

In 2023, the top importers of Clock or watch springs, including hair-springs were Switzerland ($333M), Japan ($172M), Hong Kong ($164M), Singapore ($96M), and France ($95.7M).

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Exporters of Clock or watch springs, including hair-springs (2023)
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Importers of Clock or watch springs, including hair-springs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$69.3M
Top Destination Growth (2022 -  2023)Switzerland$59.8M

Between 2022 and 2023, the exports of Clock or watch springs, including hair-springs grew the fastest in Hong Kong ($69.3M), Switzerland ($34.1M), France ($30.4M), Thailand ($11.7M), and China ($10.1M).

Between 2022 and 2023, the fastest growing importers of Clock or watch springs, including hair-springs were Switzerland ($59.8M), Japan ($44.7M), Chinese Taipei ($13.8M), Philippines ($12.7M), and Thailand ($6.07M).

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Exporters of Clock or watch springs, including hair-springs (2022 - 2023)

Importers of Clock or watch springs, including hair-springs (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.35. 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 (2023)China$180M
TOP NET IMPORTER (2023)Japan$81.1M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Clock or watch springs, including hair-springs were China ($180M), Switzerland ($71.5M), France ($65.1M), Thailand ($33.6M), and Portugal ($9.65M).

In 2023, the countries that had a largest trade value in imports than in exports of Clock or watch springs, including hair-springs were Japan ($81.1M), Hong Kong ($52.8M), United States ($42M), Germany ($34.4M), and United Kingdom ($28.8M).

Net Trade (2023)

Country Comparison

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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 (2023)

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