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910129 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.43BRnk 1010 / 4644
2023
Top Exporter | Top Importer $2.12B | $609MSwitzerland | Switzerland
2023
Product Complexity 1.18Rnk 504 / 4656
2022 - 2023
Export Growth (CAGR) 23%Rnk 234 / 4644
2023
Share of World Trade 0.015%Rnk 1010 / 4644

About

Overview This page contains the latest trade data of Wrist-watch, precious metal, hand wound. In 2023, Wrist-watch, precious metal, hand wound were the world's 1010th most traded product, with a total trade of $3.43B. Between 2022 and 2023 the exports of Wrist-watch, precious metal, hand wound grew by 23%, from $2.79B to $3.43B. Trade in Wrist-watch, precious metal, hand wound represent 0.015% of total world trade.

Wrist-watch, precious metal, hand wound are a part of Precious Metal Watches.

Exports In 2023 the top exporters of Wrist-watch, precious metal, hand wound  were Switzerland ($2.12B), Germany ($262M), Hong Kong ($153M), France ($144M), and United Arab Emirates ($114M).

Imports In 2023 the top importers of Wrist-watch, precious metal, hand wound were Switzerland ($609M), Hong Kong ($450M), United Arab Emirates ($286M), Singapore ($247M), and Australia ($241M).

Ranking Wrist-watch, precious metal, hand wound ranks 504th in the Product Complexity Index (PCI).

Description The wrist watch is a timepiece worn on the wrist. A precious metal is a valuable metal that is used to make jewelry and for other purposes. A hand wound watch is wound by hand.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wrist-watch, precious metal, hand wound. 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)Switzerland$2.12B
Top Destination (2023)Switzerland$609M

In 2023 Wrist-watch, precious metal, hand wound were the world's 1010th most traded product (out of 4,644).

In 2023, the top exporters of Wrist-watch, precious metal, hand wound were Switzerland ($2.12B), Germany ($262M), Hong Kong ($153M), France ($144M), and United Arab Emirates ($114M).

In 2023, the top importers of Wrist-watch, precious metal, hand wound were Switzerland ($609M), Hong Kong ($450M), United Arab Emirates ($286M), Singapore ($247M), and Australia ($241M).

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Exporters of Wrist-watch, precious metal, hand wound (2023)
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Importers of Wrist-watch, precious metal, hand wound (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$569M
Top Destination Growth (2022 -  2023)United Arab Emirates$140M

Between 2022 and 2023, the exports of Wrist-watch, precious metal, hand wound grew the fastest in Switzerland ($569M), Germany ($71.8M), Hong Kong ($45.5M), Saudi Arabia ($30.9M), and China ($15.1M).

Between 2022 and 2023, the fastest growing importers of Wrist-watch, precious metal, hand wound were United Arab Emirates ($140M), Germany ($110M), Thailand ($74.4M), Japan ($70.1M), and China ($44.5M).

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Exporters of Wrist-watch, precious metal, hand wound (2022 - 2023)

Importers of Wrist-watch, precious metal, hand wound (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wrist-watch, precious metal, hand wound.

In 2023, market concentration measured using Shannon Entropy, was 2.51. This means that most of the exports of Wrist-watch, precious metal, hand wound are explained by 5 countries.

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Value of Exports in Wrist-watch, precious metal, hand wound

Net Trade

TOP NET EXPORTER (2023)Switzerland$1.51B
TOP NET IMPORTER (2023)Hong Kong$297M

This map shows which countries export or import more of Wrist-watch, precious metal, hand wound. Each country is colored based on the difference in exports and imports of Wrist-watch, precious metal, hand wound during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wrist-watch, precious metal, hand wound were Switzerland ($1.51B), Germany ($90.8M), Poland ($5.4M), Barbados ($2.38M), and North Macedonia ($1.93M).

In 2023, the countries that had a largest trade value in imports than in exports of Wrist-watch, precious metal, hand wound were Hong Kong ($297M), Australia ($233M), United Arab Emirates ($172M), Singapore ($152M), and Japan ($128M).

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 Wrist-watch, precious metal, hand wound.
It is possible to select the main countries that export or import Wrist-watch, precious metal, hand wound in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wrist-watch, precious metal, hand wound 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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