2022
Exports
$895MWorld Rnk 2 / 178
Flag Rnk 56 / 1198
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$944MWorld Rnk 5 / 208
Flag Rnk 57 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $895M in Precious Metal Watches, making it the 2nd largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 56th most exported product in Singapore. The main destination of Precious Metal Watches exports from Singapore are: Malaysia ($254M), Hong Kong ($216M), Switzerland ($99M), China ($88.2M), and Thailand ($44.3M).

The fastest growing export markets for Precious Metal Watches of Singapore between 2021 and 2022 were Malaysia ($133M), China ($78M), and Switzerland ($41.7M).

Imports In 2022, Singapore imported $944M in Precious Metal Watches, becoming the 5th largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 57th most imported product in Singapore. Singapore imports Precious Metal Watches primarily from: Switzerland ($793M), Australia ($21M), United States ($18.1M), Malaysia ($16.8M), and Germany ($14.1M).

The fastest growing import markets in Precious Metal Watches for Singapore between 2021 and 2022 were Switzerland ($128M), United States ($6.45M), and Malaysia ($6.01M).

Latest Trends

Mar 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 Precious Metal 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)$895M
IMPORTS (2022)$944M
NET TRADE (2022)-$48.8M

In 2022, Singapore exported $895M in Precious Metal Watches. The main destinations of Singapore exports on Precious Metal Watches were Malaysia ($254M), Hong Kong ($216M), Switzerland ($99M), China ($88.2M), and Thailand ($44.3M).

In 2022, Singapore imported $944M in Precious Metal Watches, mainly from Switzerland ($793M), Australia ($21M), United States ($18.1M), Malaysia ($16.8M), and Germany ($14.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$133M (110%)
China$78M (761%)
Switzerland$41.7M (72.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Singapore WERE (2021 - 2022):
Thailand-$86.9M (-66.2%)
United States-$17.6M (-53.3%)
Vietnam-$17.3M (-42.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Precious Metal Watches were:
In 2022, Singapore's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

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