2022
Exports | Imports
$177M | $40MWorld Rnk 2 / 111
Flag Rnk 172 / 1211
World Rnk 4 / 168
Flag Rnk 555 / 1213
2022
ECONOMIC COMPLEXITY of Switzerland
1.85Rnk 2 / 124
2022
PRODUCT COMPLEXITY IN Watch Movements
1.77Rnk 15 / 1025

About

Exports In 2022, Switzerland exported $177M in Watch Movements, making it the 2nd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 172nd most exported product in Switzerland. The main destination of Watch Movements exports from Switzerland are: Hong Kong ($40.4M), United States ($25.6M), Germany ($22.4M), United Kingdom ($14M), and France ($12.6M).

The fastest growing export markets for Watch Movements of Switzerland between 2021 and 2022 were United Kingdom ($3.31M), United States ($2M), and Australia ($788k).

Imports In 2022, Switzerland imported $40M in Watch Movements, becoming the 4th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 555th most imported product in Switzerland. Switzerland imports Watch Movements primarily from: Netherlands ($6.89M), United States ($6.75M), China ($4.75M), Hong Kong ($4.65M), and France ($4.25M).

The fastest growing import markets in Watch Movements for Switzerland between 2021 and 2022 were United States ($1.06M), France ($971k), and United Kingdom ($472k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Watch Movements from Switzerland to the United States.

Latest Trends

Feb 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 Watch Movements. 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)$177M
IMPORTS (2022)$40M
NET TRADE (2022)$137M

In 2022, Switzerland exported $177M in Watch Movements. The main destinations of Switzerland exports on Watch Movements were Hong Kong ($40.4M), United States ($25.6M), Germany ($22.4M), United Kingdom ($14M), and France ($12.6M).

In 2022, Switzerland imported $40M in Watch Movements, mainly from Netherlands ($6.89M), United States ($6.75M), China ($4.75M), Hong Kong ($4.65M), and France ($4.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
United Kingdom$3.31M (31%)
United States$2M (8.5%)
Australia$788k (44.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Switzerland WERE (2021 - 2022):
Hong Kong-$17.5M (-30.3%)
China-$6.32M (-38.2%)
Netherlands-$2.81M (-23.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Switzerland's main exporting competitors in Watch Movements were:
Japan $354M
China $102M
In 2022, Switzerland's main importing competitors in Watch Movements were:

Explore Visualizations

Trade Value of Watch Movements by Exporters

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