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2018
Exports $9.92MWorld Rnk 16 / 133
Flag Rnk 1064 / 1217
2018
Destination $507k Switzerland
2021 - 2022
FASTEST GROWING MARKET $507kHong Kong
2022
PRODUCT COMPLEXITY IN Other Clocks and Watches1.32Rnk 89 / 1025
2018
Imports $65.9MWorld Rnk 9 / 191
Flag Rnk 931 / 1216
2018
Origin $3.35M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $3.35MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2018, United States exported $9.92M in Other Clocks and Watches, making it the 16th largest exporter of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 1064th most exported product in United States. The main destination of Other Clocks and Watches exports from United States are: Switzerland ($2.02M), Hong Kong ($1.97M), Mexico ($902k), Singapore ($671k), and Philippines ($476k).

The fastest growing export markets for Other Clocks and Watches of United States between 2021 and 2022 were Hong Kong ($507k), Philippines ($460k), and Switzerland ($378k).

Imports In 2022, United States imported $65.9M in Other Clocks and Watches, becoming the 9th largest importer of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 931st most imported product in United States. United States imports Other Clocks and Watches primarily from: Switzerland ($48M), China ($9.3M), France ($1.59M), Chinese Taipei ($1.46M), and Germany ($1.26M).

The fastest growing import markets in Other Clocks and Watches for United States between 2021 and 2022 were China ($3.35M), Chinese Taipei ($843k), and Israel ($174k).

COMPANIES In 2023, leading companies such as CrimsonLogic (475), You Hao Trading (165), and Samsung (54) were at the forefront of shipping Other Clocks and Watches to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Other Clocks and Watches exports accounted up to $2.1M and imports accounted up to $4.29M, resulting in a negative trade balance of $2.19M. Between June 2023 and June 2024 the exports of United States'   Other Clocks and Watches have increased by $1.06M (102%) from $1.04M to $2.1M, while imports increased by $9.53k (0.22%) from $4.28M to $4.29M.

Destinations In June 2024, Other Clocks and Watches were exported mostly to Canada ($803k), Switzerland ($649k), Japan ($180k), Mexico ($170k), and Hong Kong ($98.1k), and were imported mostly from Switzerland ($3.4M), China ($382k), Germany ($156k), Canada ($105k), and Philippines ($70.7k).

Growth In June 2024, the increase in Other Clocks and Watches's year-by-year exports was explained primarily by an increase in exports to Mexico ($219k or 848%), Singapore ($103k or 485%), and Germany ($45.5k or 478%). In June 2024, the increase in Other Clocks and Watches's year-by-year imports was explained primarily by an increase in imports from China ($159k or 23.5%), Switzerland ($82.3k or 3.56%), and Japan ($73k or 483%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.06M(102%)
IMPORT GROWTH (June 2023 - June 2024)$9.53k(0.22%)
MAIN EXPORTER (June 2024)New York$1.28M
MAIN DESTINATION (June 2024)Canada$803k

This section shows Other Clocks and 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 Other Clocks and Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.92M
IMPORTS (2022)$65.9M
NET TRADE (2022)-$56M

In 2022, United States exported $9.92M in Other Clocks and Watches. The main destinations of United States exports on Other Clocks and Watches were Switzerland ($2.02M), Hong Kong ($1.97M), Mexico ($902k), Singapore ($671k), and Philippines ($476k).

In 2022, United States imported $65.9M in Other Clocks and Watches, mainly from Switzerland ($48M), China ($9.3M), France ($1.59M), Chinese Taipei ($1.46M), and Germany ($1.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Clocks and Watches EXPORT MARKETS FOR United States WERE (2021 - 2022):
Hong Kong$507k (34.8%)
Philippines$460k (2.74k%)
Switzerland$378k (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Clocks and Watches BY United States WERE (2021 - 2022):
France-$1.96M (-97.4%)
South Korea-$301k (-81.9%)
Singapore-$281k (-29.5%)
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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 Other Clocks and Watches were:
Switzerland $417M
China $356M
France $151M
In 2022, United States's main importing competitors in Other Clocks and Watches were:
Switzerland $376M
Hong Kong $242M
Japan $139M

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Trade Value of Other Clocks and Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $344k
TOP IMPORT POTENTIALChina+ $5.09M

Other Clocks and Watches’s highest export potential is China. With an export gap of $344k.   Other Clocks and Watches’s highest import potential is China with an import gap of $5.09M.

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