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Watch cases and parts thereof

9111 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.24BRnk 884 / 1217
2023
Top Exporter | Top Importer $694M | $419MChina | Switzerland
2023
Product Complexity 0.63Rnk 323 / 1044
2022 - 2023
Export Growth (CAGR) -3.72%Rnk 521 / 1217
2023
Share of World Trade 0.0055%Rnk 884 / 1217

About

Overview This page contains the latest trade data of Watch Cases and Parts. In 2023, Watch Cases and Parts were the world's 884th most traded product, with a total trade of $1.24B. Between 2022 and 2023 the exports of Watch Cases and Parts decreased by -3.72%, from $1.29B to $1.24B. Trade in Watch Cases and Parts represent 0.0055% of total world trade.

Watch Cases and Parts are a part of Clocks, watches, & parts. They include Watch cases of base metal including gold/silver-plate, Parts of watch cases, Watch cases of, or clad with, precious metal, and Watch cases, nes.

Exports In 2023 the top exporters of Watch Cases and Parts  were China ($694M), Switzerland ($159M), Hong Kong ($119M), Thailand ($47.3M), and Portugal ($38.2M).

Imports In 2023 the top importers of Watch Cases and Parts were Switzerland ($419M), Hong Kong ($291M), Thailand ($69.8M), Japan ($65.7M), and Germany ($64.2M).

Ranking Watch Cases and Parts ranks 323rd in the Product Complexity Index (PCI).

Description Cases for wrist-watches, pocket-watches and other watches are used to hold the watch while it is not being worn. They can be made from a variety of materials, including metal, plastic, or leather.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Watch Cases and Parts. 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)China$694M
Top Destination (2023)Switzerland$419M

In 2023 Watch Cases and Parts were the world's 884th most traded product (out of 1,217).

In 2023, the top exporters of Watch Cases and Parts were China ($694M), Switzerland ($159M), Hong Kong ($119M), Thailand ($47.3M), and Portugal ($38.2M).

In 2023, the top importers of Watch Cases and Parts were Switzerland ($419M), Hong Kong ($291M), Thailand ($69.8M), Japan ($65.7M), and Germany ($64.2M).

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Exporters of Watch Cases and Parts (2023)
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Importers of Watch Cases and Parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$45.4M
Top Destination Growth (2022 -  2023)Hong Kong$39.7M

Between 2022 and 2023, the exports of Watch Cases and Parts grew the fastest in China ($45.4M), Germany ($6.73M), Thailand ($3.05M), Hong Kong ($2.97M), and Cambodia ($2.9M).

Between 2022 and 2023, the fastest growing importers of Watch Cases and Parts were Hong Kong ($39.7M), Vietnam ($21.2M), Switzerland ($11.1M), Chinese Taipei ($6.92M), and Germany ($5.54M).

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Exporters of Watch Cases and Parts (2022 - 2023)

Importers of Watch Cases and Parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Watch Cases and Parts.

In 2023, market concentration measured using Shannon Entropy, was 2.47. This means that most of the exports of Watch Cases and Parts are explained by 5 countries.

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Value of Exports in Watch Cases and Parts

Net Trade

TOP NET EXPORTER (2023)China$675M
TOP NET IMPORTER (2023)Switzerland$260M

This map shows which countries export or import more of Watch Cases and Parts. Each country is colored based on the difference in exports and imports of Watch Cases and Parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Watch Cases and Parts were China ($675M), Portugal ($35.9M), Singapore ($18.6M), Malaysia ($16M), and South Korea ($10.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Watch Cases and Parts were Switzerland ($260M), Hong Kong ($172M), Philippines ($47.3M), Japan ($43.3M), and Germany ($43.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Watch Cases and Parts, disaggragated by their HS6 level were Watch cases of base metal including... ($618M), Parts of watch cases ($456M), Watch cases, nes ($123M), and Watch cases of, or clad with,... ($46.5M)

HS6 Disaggregation for Watch Cases and Parts (2023)
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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 Watch Cases and Parts.
It is possible to select the main countries that export or import Watch Cases and Parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Watch Cases and Parts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $5.95M
TOP IMPORT POTENTIALHong Kong+ $1.44M

Watch Cases and Parts’s highest export potential is India. With an export gap of $5.95M.  Watch Cases and Parts’s highest import potential is Hong Kong with an import gap of $1.44M.

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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Watch Cases and Parts.

Country by Relatedness

The following visualization shows the relatedness of Watch Cases and Parts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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