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911012 (Harmonized System 1992 for 6-digit)

2023
World Trade $125MRnk 3950 / 4644
2023
Top Exporter | Top Importer $41.3M | $71.6MMalaysia | Japan
2023
Product Complexity 0.95Rnk 859 / 4656
2022 - 2023
Export Growth (CAGR) -20.5%Rnk 3720 / 4644
2023
Share of World Trade 0.00055%Rnk 3950 / 4644

About

Overview This page contains the latest trade data of Incomplete movements of watches, assembled. In 2023, Incomplete movements of watches, assembled were the world's 3950th most traded product, with a total trade of $125M. Between 2022 and 2023 the exports of Incomplete movements of watches, assembled decreased by -20.5%, from $157M to $125M. Trade in Incomplete movements of watches, assembled represent 0.00055% of total world trade.

Incomplete movements of watches, assembled are a part of Incomplete Movement Sets.

Exports In 2023 the top exporters of Incomplete movements of watches, assembled  were Malaysia ($41.3M), Singapore ($37.7M), China ($28.3M), Hong Kong ($10.5M), and Japan ($3.24M).

Imports In 2023 the top importers of Incomplete movements of watches, assembled were Japan ($71.6M), Singapore ($25.2M), Malaysia ($15.8M), Hong Kong ($5.67M), and Bangladesh ($918k).

Ranking Incomplete movements of watches, assembled ranks 859th in the Product Complexity Index (PCI).

Description The common use of incomplete movements of watches is for the purposes of assembling watch movements. The incomplete movements of watches are often numbered with the corresponding numbers of the watch parts that the incomplete movement matches, and then the incomplete movement is assembled with the corresponding numbered parts to form a complete watch movement.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Incomplete movements of watches, 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 (2023)Malaysia$41.3M
Top Destination (2023)Japan$71.6M

In 2023 Incomplete movements of watches, assembled were the world's 3950th most traded product (out of 4,644).

In 2023, the top exporters of Incomplete movements of watches, assembled were Malaysia ($41.3M), Singapore ($37.7M), China ($28.3M), Hong Kong ($10.5M), and Japan ($3.24M).

In 2023, the top importers of Incomplete movements of watches, assembled were Japan ($71.6M), Singapore ($25.2M), Malaysia ($15.8M), Hong Kong ($5.67M), and Bangladesh ($918k).

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Exporters of Incomplete movements of watches, assembled (2023)
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Importers of Incomplete movements of watches, assembled (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$563k
Top Destination Growth (2022 -  2023)Singapore$10.1M

Between 2022 and 2023, the exports of Incomplete movements of watches, assembled grew the fastest in United Arab Emirates ($563k), North Korea ($140k), Belgium ($33.7k), Kazakhstan ($28.7k), and France ($9.09k).

Between 2022 and 2023, the fastest growing importers of Incomplete movements of watches, assembled were Singapore ($10.1M), Bangladesh ($458k), Italy ($438k), Saudi Arabia ($310k), and India ($99.2k).

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Exporters of Incomplete movements of watches, assembled (2022 - 2023)

Importers of Incomplete movements of watches, assembled (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Incomplete movements of watches, assembled.

In 2023, market concentration measured using Shannon Entropy, was 2.19. This means that most of the exports of Incomplete movements of watches, assembled are explained by 4 countries.

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Value of Exports in Incomplete movements of watches, assembled

Net Trade

TOP NET EXPORTER (2023)China$27.5M
TOP NET IMPORTER (2023)Japan$68.3M

This map shows which countries export or import more of Incomplete movements of watches, assembled. Each country is colored based on the difference in exports and imports of Incomplete movements of watches, assembled during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Incomplete movements of watches, assembled were China ($27.5M), Malaysia ($25.5M), Singapore ($12.5M), Hong Kong ($4.88M), and Switzerland ($1.05M).

In 2023, the countries that had a largest trade value in imports than in exports of Incomplete movements of watches, assembled were Japan ($68.3M), Thailand ($646k), Italy ($537k), France ($195k), and India ($126k).

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

Top 10 Exporters Countries of Incomplete movements of watches, 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 (2023)

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