2022
Exports
$1.85MWorld Rnk 18 / 111
Flag Rnk 1038 / 1212
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$21.6MWorld Rnk 12 / 168
Flag Rnk 751 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $1.85M in Watch Movements, making it the 18th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1038th most exported product in India. The main destination of Watch Movements exports from India are: Chinese Taipei ($1.07M), Hong Kong ($496k), United States ($90.8k), Switzerland ($79.5k), and China ($65.3k).

The fastest growing export markets for Watch Movements of India between 2021 and 2022 were Chinese Taipei ($786k), United States ($36k), and China ($27.4k).

Imports In 2022, India imported $21.6M in Watch Movements, becoming the 12th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 751st most imported product in India. India imports Watch Movements primarily from: Hong Kong ($11.9M), Japan ($7.12M), China ($1.22M), Switzerland ($558k), and South Korea ($299k).

The fastest growing import markets in Watch Movements for India between 2021 and 2022 were China ($1M), South Korea ($299k), and Switzerland ($266k).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Watch Movements from India to the United States.

Latest Trends

Sep 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)$1.85M
IMPORTS (2022)$21.6M
NET TRADE (2022)-$19.7M

In 2022, India exported $1.85M in Watch Movements. The main destinations of India exports on Watch Movements were Chinese Taipei ($1.07M), Hong Kong ($496k), United States ($90.8k), Switzerland ($79.5k), and China ($65.3k).

In 2022, India imported $21.6M in Watch Movements, mainly from Hong Kong ($11.9M), Japan ($7.12M), China ($1.22M), Switzerland ($558k), and South Korea ($299k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR India WERE (2021 - 2022):
Chinese Taipei$786k (277%)
United States$36k (65.7%)
China$27.4k (72.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY India WERE (2021 - 2022):
Switzerland-$374k (-82.5%)
Hong Kong-$22.4k (-4.32%)
France-$16.7k (-60.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Watch Movements were:
In 2022, India'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 POTENTIALHong Kong+ $188k
TOP IMPORT POTENTIALChina+ $1.74M

Watch Movements’s highest export potential is Hong Kong. With an export gap of $188k.   Watch Movements’s highest import potential is China with an import gap of $1.74M.

See methodology.

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