2023
Exports
$64.7kWorld Rnk 46 / 114
Flag Rnk 1057 / 1192
2023
PRODUCT COMPLEXITY IN Watch Movements
1.63Rnk 29 / 1025
2023
Imports
$367kWorld Rnk 53 / 175
Flag Rnk 1116 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $64.7k in Watch Movements, making it the 46th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1057th most exported product in Indonesia. The main destination of Watch Movements exports from Indonesia are: United Arab Emirates ($29k), United States ($22.9k), Singapore ($6.62k), Switzerland ($1.96k), and Spain ($920).

The fastest growing export markets for Watch Movements of Indonesia between 2022 and 2023 were United States ($22.9k), United Arab Emirates ($18.8k), and Singapore ($4.22k).

Imports In 2023, Indonesia imported $367k in Watch Movements, becoming the 53rd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1116th most imported product in Indonesia. Indonesia imports Watch Movements primarily from: Switzerland ($209k), Hong Kong ($49.9k), China ($36.9k), Singapore ($18.9k), and United States ($18k).

The fastest growing import markets in Watch Movements for Indonesia between 2022 and 2023 were Switzerland ($67.5k), Hong Kong ($32.3k), and United Kingdom ($12.5k).

Latest Trends

Dec 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 (2023)$64.7k
IMPORTS (2023)$367k
NET TRADE (2023)-$302k

In 2023, Indonesia exported $64.7k in Watch Movements. The main destinations of Indonesia exports on Watch Movements were United Arab Emirates ($29k), United States ($22.9k), Singapore ($6.62k), Switzerland ($1.96k), and Spain ($920).

In 2023, Indonesia imported $367k in Watch Movements, mainly from Switzerland ($209k), Hong Kong ($49.9k), China ($36.9k), Singapore ($18.9k), and United States ($18k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
United States$22.9k (1%)
Singapore$4.22k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Indonesia WERE (2022 - 2023):
China-$302k (-100%)
Brunei-$392 (-100%)
Nicaragua-$193 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $116k
TOP IMPORT POTENTIALChina+ $94.3k

Watch Movements’s highest export potential is China. With an export gap of $116k.   Watch Movements’s highest import potential is China with an import gap of $94.3k.

See methodology.

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