Overview This page contains the latest trade data of Clocks and watches and parts thereof. In 2020, Clocks and watches and parts thereof were the world's 60th most traded product, with a total trade of $37.9B. Between 2019 and 2020 the exports of Clocks and watches and parts thereof decreased by -19.8%, from $47.2B to $37.9B. Trade in Clocks and watches and parts thereof represent 0.23% of total world trade.
Clocks and watches and parts thereof are a part of Instruments. They include Clocks and watches.
Exports In 2020 the top exporters of Clocks and watches and parts thereof were Switzerland ($18.4B), China ($4.88B), France ($1.84B), Germany ($1.55B), and Hong Kong ($1.25B).
Imports In 2020 the top importers of Clocks and watches and parts thereof were Hong Kong ($5.94B), United States ($3.43B), China ($3.25B), Switzerland ($2.72B), and Japan ($2.17B).
Tariffs In 2018 the average tariff for Clocks and watches and parts thereof was 9.87%, making it the 46th lowest tariff using the HS2 product classification.
The countries with the highest import tariffs for Clocks and watches and parts thereof are Sudan (30.2%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).
Ranking Clocks and watches and parts thereof ranks 37th in the Product Complexity Index (PCI).