2022
Exports
$64.5MWorld Rnk 8 / 133
Flag Rnk 174 / 1177
2022
PRODUCT COMPLEXITY IN Other Clocks and Watches
1.32Rnk 89 / 1025
2022
Imports
$242MWorld Rnk 2 / 191
Flag Rnk 173 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $64.5M in Other Clocks and Watches, making it the 8th largest exporter of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 174th most exported product in Hong Kong. The main destination of Other Clocks and Watches exports from Hong Kong are: Switzerland ($14.7M), India ($11.7M), Brazil ($7.74M), Malaysia ($4.23M), and Chinese Taipei ($3.3M).

The fastest growing export markets for Other Clocks and Watches of Hong Kong between 2021 and 2022 were Chinese Taipei ($3.17M), Malaysia ($1.93M), and Brazil ($1.16M).

Imports In 2018, Hong Kong imported $242M in Other Clocks and Watches, becoming the 2nd largest importer of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 173rd most imported product in Hong Kong. Hong Kong imports Other Clocks and Watches primarily from: China ($123M), Switzerland ($33.3M), Japan ($28.7M), Thailand ($15.5M), and Singapore ($11.4M).

The fastest growing import markets in Other Clocks and Watches for Hong Kong between 2021 and 2022 were Singapore ($4.73M), Thailand ($4.72M), and Burma ($2.86M).

COMPANIES In 2023, leading companies such as Design Within Reach (2) were at the forefront of shipping Other Clocks and Watches from Hong Kong to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Clocks and Watches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.5M
IMPORTS (2022)$242M
NET TRADE (2022)-$178M

In 2022, Hong Kong exported $64.5M in Other Clocks and Watches. The main destinations of Hong Kong exports on Other Clocks and Watches were Switzerland ($14.7M), India ($11.7M), Brazil ($7.74M), Malaysia ($4.23M), and Chinese Taipei ($3.3M).

In 2022, Hong Kong imported $242M in Other Clocks and Watches, mainly from China ($123M), Switzerland ($33.3M), Japan ($28.7M), Thailand ($15.5M), and Singapore ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Clocks and Watches EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Chinese Taipei$3.17M (2.47k%)
Malaysia$1.93M (83.9%)
Brazil$1.16M (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Clocks and Watches BY Hong Kong WERE (2021 - 2022):
China-$9.33M (-89.2%)
Germany-$2.43M (-63.2%)
Switzerland-$1.75M (-10.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Clocks and Watches were:
In 2022, Hong Kong's main importing competitors in Other Clocks and Watches were:

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Trade Value of Other Clocks and Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.7M
TOP IMPORT POTENTIALMalaysia+ $1.51M

Other Clocks and Watches’s highest export potential is China. With an export gap of $1.7M.   Other Clocks and Watches’s highest import potential is Malaysia with an import gap of $1.51M.

See methodology.

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