HS Icon Watch Cases and Parts

9111 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Watch Cases and Parts. In 2019, Watch Cases and Parts were the world's 844th most traded product, with a total trade of $1.32B. Between 2018 and 2019 the exports of Watch Cases and Parts decreased by -7.65%, from $1.43B to $1.32B. Trade in Watch Cases and Parts represent 0.0073% of total world trade.

Exports In 2019 the top exporters of Watch Cases and Parts  were China ($713M), Switzerland ($150M), Hong Kong ($128M), Malaysia ($67.4M), and Thailand ($55.9M).

Imports In 2019 the top importers of Watch Cases and Parts were Switzerland ($440M), Hong Kong ($349M), Vietnam ($77.9M), Japan ($73.6M), and Thailand ($43.9M).

Tariffs In 2018 the average tariff for Watch Cases and Parts was 9.74%, making it the 441st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Watch Cases and Parts are Cyprus (110%), Bahamas (40.2%), Cape Verde (30%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking Watch Cases and Parts ranks 329th 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.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $713M

Top Destination (2019): Switzerland, $440M

Watch Cases and Parts are the world's 844th most traded product.

In 2019, the top exporters of Watch Cases and Parts were China ($713M), Switzerland ($150M), Hong Kong ($128M), Malaysia ($67.4M), and Thailand ($55.9M).

In 2019, the top importers of Watch Cases and Parts were Switzerland ($440M), Hong Kong ($349M), Vietnam ($77.9M), Japan ($73.6M), and Thailand ($43.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $4.01M

Top Destination Growth (2018 - 2019): Philippines, $12.8M

Between 2018 and 2019, the exports of Watch Cases and Parts grew the fastest in China ($4.01M), Portugal ($3.52M), Armenia ($2.59M), Vietnam ($913k), and Luxembourg ($307k).

Between 2018 and 2019, the fastest growing importers of Watch Cases and Parts were Philippines ($12.8M), Singapore ($11.6M), Thailand ($6.29M), India ($3.9M), and Germany ($2.98M).

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Market Concentration

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Cumulative market share

Value

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

In 2019,  market concentration measured using Shannon Entropy, was 2.6. This means that most of the exports of Watch Cases and Parts are explained by 6 countries.

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TOP NET EXPORTER (2019): China, $682M

TOP NET IMPORTER (2019): Switzerland, $290M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Watch Cases and Parts were China ($682M), Malaysia ($51.8M), Armenia ($19.5M), Thailand ($12.1M), and Portugal ($11.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Watch Cases and Parts were Switzerland ($290M), Hong Kong ($221M), Vietnam ($66.7M), Japan ($55.6M), and Brazil ($42.8M).

Disaggregation

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Value

In 2019, the world most traded Watch Cases and Parts, disaggragated by their HS6 level were Watch cases of base metal including... ($818M), Parts of watch cases ($324M), Watch cases, nes ($121M), and Watch cases of, or clad with,... ($59.6M)

Import Tariffs

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In 2018, the average tariff for importing Watch Cases and Parts was 9.74%. The countries with the highest tariffs for importing Watch Cases and Parts were Cyprus (110%), Bahamas (40.2%), Cape Verde (30%), Cameroon (29.4%), and Gabon (29.4%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.