911011 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Complete movements of watches, un/partly assembled. In 2022, Complete movements of watches, un/partly assembled were the world's 3887th most traded product, with a total trade of $153M. Between 2021 and 2022 the exports of Complete movements of watches, un/partly assembled decreased by -21.7%, from $195M to $153M. Trade in Complete movements of watches, un/partly assembled represent 0.00065% of total world trade.

Complete movements of watches, un/partly assembled are a part of Incomplete Movement Sets.

Exports In 2022 the top exporters of Complete movements of watches, un/partly assembled  were Japan ($56.3M), Malaysia ($27.4M), Singapore ($25.3M), Switzerland ($13.5M), and Netherlands ($9.41M).

Imports In 2022 the top importers of Complete movements of watches, un/partly assembled were Hong Kong ($68.9M), Singapore ($20.5M), Thailand ($18.2M), Germany ($9.79M), and India ($6.72M).

Ranking Complete movements of watches, un/partly assembled ranks 317th in the Product Complexity Index (PCI).

Description The most common watch parts are the c-shaped metal or plastic bracelet, the watch face, the case and the back. The watch face is the most important part of the watch, as it displays the time. The case is the metal or plastic container that holds the watch face and attaches to the wrist. The back is the metal or plastic plate that attaches to the back of the case to hold the mechanical parts of the watch. The bracelet is the metal or plastic ring that attaches to the case and the back.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Complete movements of watches, un/partly assembled. 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)Japan$56.3M
Top Destination (2022)Hong Kong$68.9M

In 2022 Complete movements of watches, un/partly assembled were the world's 3887th most traded product (out of 4,648).

In 2022, the top exporters of Complete movements of watches, un/partly assembled were Japan ($56.3M), Malaysia ($27.4M), Singapore ($25.3M), Switzerland ($13.5M), and Netherlands ($9.41M).

In 2022, the top importers of Complete movements of watches, un/partly assembled were Hong Kong ($68.9M), Singapore ($20.5M), Thailand ($18.2M), Germany ($9.79M), and India ($6.72M).

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Exporters of Complete movements of watches, un/partly assembled (2022)
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Importers of Complete movements of watches, un/partly assembled (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Singapore$4.66M
Top Destination Growth (2021 -  2022)Macau$3.75M

Between 2021 and 2022, the exports of Complete movements of watches, un/partly assembled grew the fastest in Singapore ($4.66M), China ($1.15M), Italy ($306k), Malaysia ($297k), and United Arab Emirates ($201k).

Between 2021 and 2022, the fastest growing importers of Complete movements of watches, un/partly assembled were Macau ($3.75M), India ($1.9M), Iceland ($1.89M), Brazil ($1.27M), and United States ($682k).

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Exporters of Complete movements of watches, un/partly assembled (2021 - 2022)

Importers of Complete movements of watches, un/partly assembled (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Complete movements of watches, un/partly assembled.

In 2022, market concentration measured using Shannon Entropy, was 2.76. This means that most of the exports of Complete movements of watches, un/partly assembled are explained by 6 countries.

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Value of Exports in Complete movements of watches, un/partly assembled

Net Trade

TOP NET EXPORTER (2022)Japan$52.7M
TOP NET IMPORTER (2022)Hong Kong$61.3M

This map shows which countries export or import more of Complete movements of watches, un/partly assembled. Each country is colored based on the difference in exports and imports of Complete movements of watches, un/partly assembled during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Complete movements of watches, un/partly assembled were Japan ($52.7M), Malaysia ($26.3M), Switzerland ($11.9M), Netherlands ($9.35M), and Singapore ($4.79M).

In 2022, the countries that had a largest trade value in imports than in exports of Complete movements of watches, un/partly assembled were Hong Kong ($61.3M), Thailand ($15.6M), Germany ($9.66M), India ($6.37M), and Brazil ($4.17M).

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 Complete movements of watches, un/partly assembled.
It is possible to select the main countries that export or import Complete movements of watches, un/partly assembled in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Complete movements of watches, un/partly assembled 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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