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2022
Exports $485MWorld Rnk 7 / 195
Flag Rnk 396 / 1217
2022
Destination $8.02M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $8.02MBahamas
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $3.57BWorld Rnk 1 / 220
Flag Rnk 160 / 1216
2022
Origin $423M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $423MSwitzerland
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $485M in Base Metal Watches, making it the 7th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 396th most exported product in United States. The main destination of Base Metal Watches exports from United States are: Hong Kong ($77.5M), Switzerland ($70.1M), Canada ($55.8M), Mexico ($50.3M), and United Arab Emirates ($23.3M).

The fastest growing export markets for Base Metal Watches of United States between 2021 and 2022 were Bahamas ($8.02M), Switzerland ($6.47M), and Netherlands ($6.28M).

Imports In 2022, United States imported $3.57B in Base Metal Watches, becoming the 1st largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 160th most imported product in United States. United States imports Base Metal Watches primarily from: Switzerland ($2.69B), Japan ($304M), China ($188M), Thailand ($80.4M), and Germany ($50.6M).

The fastest growing import markets in Base Metal Watches for United States between 2021 and 2022 were Switzerland ($423M), Japan ($46.3M), and China ($40.6M).

COMPANIES In 2023, leading companies such as CrimsonLogic (205), Itourscm (37), and Costco Wholesale (8) were at the forefront of shipping Base Metal Watches to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Base Metal Watches exports accounted up to $53M and imports accounted up to $367M, resulting in a negative trade balance of $314M. Between August 2023 and August 2024 the exports of United States'   Base Metal Watches have increased by $3.38M (6.81%) from $49.6M to $53M, while imports decreased by $-10.4M (-2.76%) from $377M to $367M.

Destinations In August 2024, Base Metal Watches were exported mostly to Switzerland ($10.4M), Canada ($8.28M), Hong Kong ($5.1M), Mexico ($3.29M), and Paraguay ($2.38M), and were imported mostly from Switzerland ($294M), Japan ($45.3M), China ($14.8M), Germany ($4.73M), and Thailand ($3.02M).

Growth In August 2024, the increase in Base Metal Watches's year-by-year exports was explained primarily by an increase in exports to Mexico ($4.13M or 177%), Switzerland ($1.71M or 28.6%), and Sint Maarten ($1.11M or 361%). In August 2024, the decrease in Base Metal Watches's year-by-year imports was explained primarily by a decrease in imports from Japan ($-17.4M or -31.6%), China ($-7.25M or -40.6%), and Portugal ($-353k or -96.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$3.38M(6.81%)
IMPORT GROWTH (August 2023 - August 2024)$-10.4M(-2.76%)
MAIN EXPORTER (August 2024)New Jersey$20.3M
MAIN DESTINATION (August 2024)Switzerland$10.4M

This section shows Base Metal Watches's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$485M
IMPORTS (2022)$3.57B
NET TRADE (2022)-$3.09B

In 2022, United States exported $485M in Base Metal Watches. The main destinations of United States exports on Base Metal Watches were Hong Kong ($77.5M), Switzerland ($70.1M), Canada ($55.8M), Mexico ($50.3M), and United Arab Emirates ($23.3M).

In 2022, United States imported $3.57B in Base Metal Watches, mainly from Switzerland ($2.69B), Japan ($304M), China ($188M), Thailand ($80.4M), and Germany ($50.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR United States WERE (2021 - 2022):
Bahamas$8.02M (602%)
Switzerland$6.47M (10.2%)
Netherlands$6.28M (46.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY United States WERE (2021 - 2022):
Hong Kong-$33M (-29.9%)
China-$7.48M (-87.8%)
Vietnam-$5.36M (-60.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, United States's main importing competitors in Base Metal Watches were:
Hong Kong $2.82B
China $2.14B

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $10M
TOP IMPORT POTENTIALChina+ $101M

Base Metal Watches’s highest export potential is Canada. With an export gap of $10M.   Base Metal Watches’s highest import potential is China with an import gap of $101M.

See methodology.

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