2022
Exports
$6.32MWorld Rnk 19 / 133
Flag Rnk 1019 / 1217
2022
PRODUCT COMPLEXITY IN Other Clocks and Watches
1.32Rnk 89 / 1025
2022
Imports
$23.1MWorld Rnk 14 / 191
Flag Rnk 899 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $6.32M in Other Clocks and Watches, making it the 19th largest exporter of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 1019th most exported product in Italy. The main destination of Other Clocks and Watches exports from Italy are: Switzerland ($2.56M), Tunisia ($892k), Germany ($452k), France ($451k), and Hong Kong ($375k).

The fastest growing export markets for Other Clocks and Watches of Italy between 2021 and 2022 were Switzerland ($686k), Germany ($352k), and Hong Kong ($173k).

Imports In 2022, Italy imported $23.1M in Other Clocks and Watches, becoming the 14th largest importer of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 899th most imported product in Italy. Italy imports Other Clocks and Watches primarily from: Switzerland ($15.9M), Netherlands ($3.14M), France ($1.78M), China ($1.13M), and Germany ($272k).

The fastest growing import markets in Other Clocks and Watches for Italy between 2021 and 2022 were Switzerland ($3.58M), Netherlands ($971k), and Austria ($78.7k).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-150k(-29.4%)
IMPORT GROWTH (March 2023 - March 2024)€-561k(-24.3%)
MAIN DESTINATION (March 2024)United Kingdom€84.5k

This section shows Other Clocks and Watches's exports and imports data at subnational level for Italy. 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 Other Clocks and Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.32M
IMPORTS (2022)$23.1M
NET TRADE (2022)-$16.8M

In 2022, Italy exported $6.32M in Other Clocks and Watches. The main destinations of Italy exports on Other Clocks and Watches were Switzerland ($2.56M), Tunisia ($892k), Germany ($452k), France ($451k), and Hong Kong ($375k).

In 2022, Italy imported $23.1M in Other Clocks and Watches, mainly from Switzerland ($15.9M), Netherlands ($3.14M), France ($1.78M), China ($1.13M), and Germany ($272k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Clocks and Watches EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Switzerland$686k (36.5%)
Germany$352k (352%)
Hong Kong$173k (86%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Clocks and Watches BY Italy WERE (2021 - 2022):
United Kingdom-$443k (-61.7%)
Macau-$414k (-74.9%)
Singapore-$398k (-91%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Other Clocks and Watches were:
In 2022, Italy'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 POTENTIALSwitzerland+ $880k
TOP IMPORT POTENTIALFrance+ $1.23M

Other Clocks and Watches’s highest export potential is Switzerland. With an export gap of $880k.   Other Clocks and Watches’s highest import potential is France with an import gap of $1.23M.

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