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Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock, watch movement or synchronous motor

9106 (Harmonized System 1992 for 4-digit)

2022
World Trade $391MRnk 1080 / 1218
2022
Top Exporter | Top Importer $168M | $54.5MChina | United States
2021 - 2022
Export Growth (CAGR) -2.71%Rnk 963 / 1218
2022
Share of World Trade 0.0016%Rnk 1080 / 1218

About

Overview This page contains the latest trade data of Time Recording Instruments. In 2022, Time Recording Instruments were the world's 1080th most traded product, with a total trade of $391M. Between 2021 and 2022 the exports of Time Recording Instruments decreased by -2.71%, from $402M to $391M. Trade in Time Recording Instruments represent 0.0016% of total world trade.

Time Recording Instruments are a part of Clocks, watches, & parts. They include Time of day recording apparatus, nes, Time-registers, time-recorders, and Parking meters.

Exports In 2022 the top exporters of Time Recording Instruments  were China ($168M), France ($41.2M), United States ($24.5M), Netherlands ($20.1M), and Indonesia ($18.4M).

Imports In 2022 the top importers of Time Recording Instruments were United States ($54.5M), Germany ($34.3M), Japan ($34M), United Kingdom ($17.2M), and Hong Kong ($16.4M).

Description Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time are used to record the time. They can be made from a variety of materials, including wood, plastic, metal, and glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Time Recording Instruments. 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)China$168M
Top Destination (2022)United States$54.5M

In 2022 Time Recording Instruments were the world's 1080th most traded product (out of 1,218).

In 2022, the top exporters of Time Recording Instruments were China ($168M), France ($41.2M), United States ($24.5M), Netherlands ($20.1M), and Indonesia ($18.4M).

In 2022, the top importers of Time Recording Instruments were United States ($54.5M), Germany ($34.3M), Japan ($34M), United Kingdom ($17.2M), and Hong Kong ($16.4M).

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Exporters of Time Recording Instruments (2022)
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Importers of Time Recording Instruments (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$8.98M
Top Destination Growth (2021 -  2022)Singapore$6.94M

Between 2021 and 2022, the exports of Time Recording Instruments grew the fastest in China ($8.98M), United States ($2.06M), France ($1.63M), Switzerland ($1.48M), and Estonia ($1.01M).

Between 2021 and 2022, the fastest growing importers of Time Recording Instruments were Singapore ($6.94M), Estonia ($2.43M), United Kingdom ($2.26M), Spain ($1.76M), and Netherlands ($1.45M).

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Exporters of Time Recording Instruments (2021 - 2022)

Importers of Time Recording Instruments (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Time Recording Instruments.

In 2022, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Time Recording Instruments are explained by 11 countries.

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Value of Exports in Time Recording Instruments

Net Trade

TOP NET EXPORTER (2022)China$163M
TOP NET IMPORTER (2022)Japan$32M

This map shows which countries export or import more of Time Recording Instruments. Each country is colored based on the difference in exports and imports of Time Recording Instruments during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Time Recording Instruments were China ($163M), France ($27.6M), Indonesia ($16.4M), Chinese Taipei ($13.3M), and Netherlands ($8.59M).

In 2022, the countries that had a largest trade value in imports than in exports of Time Recording Instruments were Japan ($32M), United States ($30M), Germany ($21.2M), United Kingdom ($13.9M), and Hong Kong ($11.4M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Time Recording Instruments, disaggragated by their HS6 level were Time of day recording apparatus, nes ($233M) and Time-registers, time-recorders ($157M)

HS6 Disaggregation for Time Recording Instruments (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Time Recording Instruments.
It is possible to select the main countries that export or import Time Recording Instruments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Time Recording Instruments by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $2.06M
TOP IMPORT POTENTIALUnited States+ $185k

Time Recording Instruments’s highest export potential is India. With an export gap of $2.06M.  Time Recording Instruments’s highest import potential is United States with an import gap of $185k.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Time Recording Instruments to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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