HS Icon Wrist-watch, base-metal case, battery, with hands

910211 (Harmonized System 1992 for 6-digit)

World Trade (2019): $7.72B, Rnk 404 / 4648

Top Exporter (2019): $2.53B, Switzerland

Top Importer (2019): $1.14B, Hong Kong

Product Complexity (2019): 0.27, Rnk 2134 / 4826

Export Growth (CAGR)(2018 - 2019): -6.84%, Rnk 2948 / 4648

Mean Tariff (2018): 10%, Rnk 2249 / 6538

Share of World Trade (2019): 0.043%, Rnk 404 / 4648

Overview:  This page contains the latest trade data of Wrist-watch, base-metal case, battery, with hands. In 2019, Wrist-watch, base-metal case, battery, with hands were the world's 404th most traded product, with a total trade of $7.72B. Between 2018 and 2019 the exports of Wrist-watch, base-metal case, battery, with hands decreased by -6.84%, from  $8.29B to $7.72B. Trade in Wrist-watch, base-metal case, battery, with hands represent 0.043% of total world trade.

Exports: In 2019 the top exporters of Wrist-watch, base-metal case, battery, with hands  were Switzerland ($2.53B), China ($1.97B), Germany ($602M), Hong Kong ($450M), and Japan ($325M).

Imports: In 2019 the top importers of Wrist-watch, base-metal case, battery, with hands were Hong Kong ($1.14B), United States ($701M), Germany ($615M), United Kingdom ($474M), and Japan ($410M).

Tariffs: In 2018 the average tariff for Wrist-watch, base-metal case, battery, with hands was 10%, making it the 2249th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Wrist-watch, base-metal case, battery, with hands 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 Kyrgyzstan (0%).

Ranking: Wrist-watch, base-metal case, battery, with hands ranks 2134th in the Product Complexity Index (PCI).

Description: A wrist-watch is a small timepiece, typically worn on the wrist, which is designed to be carried or worn on the person. A base-metal case is a metal container or frame that holds the mechanism of the watch and the crystal. A battery is an electrical cell that provides power to a device such as a wrist-watch. The hands are the two small indicators on a watch face that show the current time.

Exporters and Importers

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Trade By Country

Top Origin (2019): Switzerland, $2.53B

Top Destination (2019): Hong Kong, $1.14B

Wrist-watch, base-metal case, battery, with hands are the world's 404th most traded product.

In 2019, the top exporters of Wrist-watch, base-metal case, battery, with hands were Switzerland ($2.53B), China ($1.97B), Germany ($602M), Hong Kong ($450M), and Japan ($325M).

In 2019, the top importers of Wrist-watch, base-metal case, battery, with hands were Hong Kong ($1.14B), United States ($701M), Germany ($615M), United Kingdom ($474M), and Japan ($410M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Philippines, $79.6M

Top Destination Growth (2018 - 2019): Switzerland, $12.4M

Between 2018 and 2019, the exports of Wrist-watch, base-metal case, battery, with hands grew the fastest in Philippines ($79.6M), France ($32.3M), Belgium ($19.2M), Jordan ($16.5M), and Slovakia ($8.36M).

Between 2018 and 2019, the fastest growing importers of Wrist-watch, base-metal case, battery, with hands were Switzerland ($12.4M), Japan ($9.88M), Vietnam ($6.16M), Canada ($5.97M), and Philippines ($4.45M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Wrist-watch, base-metal case, battery, with hands.

In 2019,  market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Wrist-watch, base-metal case, battery, with hands are explained by 9 countries.

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TOP NET EXPORTER (2019): Switzerland, $2.37B

TOP NET IMPORTER (2019): Hong Kong, $691M

This map shows which countries export or import more of Wrist-watch, base-metal case, battery, with hands. Each country is colored based on the difference in exports and imports of Wrist-watch, base-metal case, battery, with hands during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Wrist-watch, base-metal case, battery, with hands were Switzerland ($2.37B), China ($1.61B), Philippines ($128M), Thailand ($16.8M), and Jordan ($3.89M).

In 2019, the countries that had a largest trade value in imports than in exports of Wrist-watch, base-metal case, battery, with hands were Hong Kong ($691M), United States ($486M), United Kingdom ($395M), South Korea ($200M), and Italy ($182M).

Import Tariffs

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In 2018, the average tariff for importing Wrist-watch, base-metal case, battery, with hands was 10%.  The countries with the highest tariffs for importing Wrist-watch, base-metal case, battery, with hands were Barbados (44.6%), Belize (44.2%), Sudan (35%), Trinidad and Tobago (33.1%), and Cape Verde (30%).

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Product Complexity

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Diversification Frontier

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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.