HS Icon Base Metal Watches

9102 (Harmonized System 1992 for 4-digit)

World Trade (2018): $24.9B, Rnk 154 / 1225

Top Exporter (2018): $13.7B, Switzerland

Top Importer (2018): $4.21B, Hong Kong

Product Complexity (2018): 0.52, Rnk 367 / 1018

Export Growth (CAGR)(2017 - 2018): -1.07%, Rnk 1105 / 1225

Mean Tariff (2018): 10%, Rnk 420 / 1259

Share of World Trade (2018): 0.14%, Rnk 154 / 1225

Overview:  This page contains the latest trade data of Base Metal Watches. In 2018, Base Metal Watches were the world's 154th most traded product, with a total trade of $24.9B. Between 2017 and 2018 the exports of Base Metal Watches decreased by -1.07%, from  $25.2B to $24.9B. Trade in Base Metal Watches represent 0.14% of total world trade.

Exports: In 2018 the top exporters of Base Metal Watches  were Switzerland ($13.7B), China ($3.24B), Germany ($1.19B), Hong Kong ($1.03B), and France ($953M).

Imports: In 2018 the top importers of Base Metal Watches were Hong Kong ($4.21B), United States ($2.35B), China ($1.55B), Germany ($1.5B), and Japan ($1.41B).

Tariffs: In 2018 the average tariff for Base Metal Watches was 10%, been the 420 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Base Metal Watches are Barbados (44.6%), Belize (44.2%), Sudan (35%), Trinidad and Tobago (33.1%), and Cape Verde (30%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Base Metal Watches ranks 367th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Switzerland, $13.7B

Top Destination (2018): Hong Kong, $4.21B

Base Metal Watches are the world's 154th most traded product.

In 2018, the top exporters of Base Metal Watches were Switzerland ($13.7B), China ($3.24B), Germany ($1.19B), Hong Kong ($1.03B), and France ($953M).

In 2018, the top importers of Base Metal Watches were Hong Kong ($4.21B), United States ($2.35B), China ($1.55B), Germany ($1.5B), and Japan ($1.41B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Switzerland, $558M

Top Destination Growth (2017 - 2018): United Kingdom, $229M

Between 2017 and 2018, the exports of Base Metal Watches grew the fastest in Switzerland ($558M), Germany ($310M), France ($212M), United States ($149M), and Italy ($142M).

Between 2017 and 2018, the fastest growing importers of Base Metal Watches were United Kingdom ($229M), South Korea ($218M), Switzerland ($139M), Singapore ($88M), and Hong Kong ($78.4M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Base Metal Watches.

In 2018,  market concentration measured using Shannon Entropy, was 2.79. This means that most of the exports of Base Metal Watches are explained by 6 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Switzerland, $13.1B

TOP NET IMPORTER (2018): Hong Kong, $3.17B

This map shows which countries export or import more of Base Metal Watches. Each country is colored based on the difference in exports and imports of Base Metal Watches during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Base Metal Watches were Switzerland ($13.1B), China ($1.69B), Thailand ($115M), Philippines ($29.3M), and Saint Helena ($11k).

In 2018, the countries that had a largest trade value in imports than in exports of Base Metal Watches were Hong Kong ($3.17B), United States ($1.79B), United Kingdom ($978M), Japan ($884M), and South Korea ($757M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Base Metal Watches. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Base Metal Watches was 10%.  The countries with the highest tariffs for importing Base Metal Watches were Barbados (44.6%), Belize (44.2%), Sudan (35%), Trinidad and Tobago (33.1%), and Cape Verde (30%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.