2023
Exports
$92.6MWorld Rnk 3 / 114
Flag Rnk 879 / 1215
2023
PRODUCT COMPLEXITY IN Watch Movements
1.63Rnk 29 / 1025
2023
Imports
$161MWorld Rnk 2 / 175
Flag Rnk 543 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $92.6M in Watch Movements, making it the 3rd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 879th most exported product in China. The main destination of Watch Movements exports from China are: Hong Kong ($51.2M), Japan ($12M), India ($8.21M), Switzerland ($6.35M), and Macau ($2.67M).

The fastest growing export markets for Watch Movements of China between 2022 and 2023 were India ($6.84M), Japan ($3.33M), and Macau ($2.6M).

Imports In 2023, China imported $161M in Watch Movements, becoming the 2nd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 543rd most imported product in China. China imports Watch Movements primarily from: Japan ($129M), Switzerland ($12.1M), Malaysia ($10M), North Korea ($4.06M), and Singapore ($3.01M).

The fastest growing import markets in Watch Movements for China between 2022 and 2023 were North Korea ($2.27M), Switzerland ($1.72M), and Hong Kong ($357k).

COMPANIES In 2024, leading companies such as Walgreens (15), Ameziel (14), and Dollarama (10) were at the forefront of shipping Watch Movements from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-139k(-3.66%)
IMPORT GROWTH (December 2023 - December 2024)$1.29M(7.19%)
MAIN EXPORTER (December 2024)Guangdong Province$1.47M
MAIN DESTINATION (December 2024)Hong Kong$2.27M

This section shows Watch Movements's exports and imports data at subnational level for China. 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 Watch Movements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$92.6M
IMPORTS (2023)$161M
NET TRADE (2023)-$68.5M

In 2023, China exported $92.6M in Watch Movements. The main destinations of China exports on Watch Movements were Hong Kong ($51.2M), Japan ($12M), India ($8.21M), Switzerland ($6.35M), and Macau ($2.67M).

In 2023, China imported $161M in Watch Movements, mainly from Japan ($129M), Switzerland ($12.1M), Malaysia ($10M), North Korea ($4.06M), and Singapore ($3.01M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR China WERE (2022 - 2023):
India$6.84M (499%)
Japan$3.33M (38.5%)
Macau$2.6M (3.77k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY China WERE (2022 - 2023):
Hong Kong-$40.6M (-44.2%)
France-$2.89M (-70.9%)
Iran-$944k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Watch Movements were:
In 2023, China's main importing competitors in Watch Movements were:

Explore Visualizations

Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.74M
TOP IMPORT POTENTIALHong Kong+ $1.05M

Watch Movements’s highest export potential is India. With an export gap of $1.74M.   Watch Movements’s highest import potential is Hong Kong with an import gap of $1.05M.

See methodology.

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