Base Metal Watches9102 (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).
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).
Trade by country
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).
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.
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).
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%).
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.
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