2022
Exports
$354MWorld Rnk 1 / 111
Flag Rnk 252 / 1213
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$36.7MWorld Rnk 7 / 168
Flag Rnk 792 / 1214
2022
ECONOMIC COMPLEXITY of Japan
2.07Rnk 1 / 133

About

Exports In 2022, Japan exported $354M in Watch Movements, making it the 1st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 252nd most exported product in Japan. The main destination of Watch Movements exports from Japan are: Hong Kong ($263M), Thailand ($35.3M), China ($32.8M), India ($7.12M), and Brazil ($3.62M).

The fastest growing export markets for Watch Movements of Japan between 2021 and 2022 were Thailand ($4.22M), Germany ($617k), and United Kingdom ($222k).

Imports In 2022, Japan imported $36.7M in Watch Movements, becoming the 7th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 792nd most imported product in Japan. Japan imports Watch Movements primarily from: Malaysia ($14.6M), Switzerland ($12.6M), China ($7.87M), Italy ($700k), and Hong Kong ($368k).

The fastest growing import markets in Watch Movements for Japan between 2021 and 2022 were Malaysia ($5.42M), Australia ($75k), and Belgium ($62.9k).

COMPANIES In 2023, leading companies such as General Motors (5) were at the forefront of shipping Watch Movements from Japan to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)¥-178M(-5.17%)
IMPORT GROWTH (August 2023 - August 2024)¥185M(69.8%)
MAIN EXPORTER (August 2024)Chiba¥3.66B
MAIN DESTINATION (August 2024)Hong Kong¥2.69B

This section shows Watch Movements's exports and imports data at subnational level for Japan. 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 (2022)$354M
IMPORTS (2022)$36.7M
NET TRADE (2022)$317M

In 2022, Japan exported $354M in Watch Movements. The main destinations of Japan exports on Watch Movements were Hong Kong ($263M), Thailand ($35.3M), China ($32.8M), India ($7.12M), and Brazil ($3.62M).

In 2022, Japan imported $36.7M in Watch Movements, mainly from Malaysia ($14.6M), Switzerland ($12.6M), China ($7.87M), Italy ($700k), and Hong Kong ($368k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Japan WERE (2021 - 2022):
Thailand$4.22M (13.6%)
Germany$617k (26.1%)
United Kingdom$222k (86.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Japan WERE (2021 - 2022):
Hong Kong-$51.4M (-16.3%)
Switzerland-$6.93M (-73%)
Philippines-$2.36M (-95%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Japan's main exporting competitors in Watch Movements were:
In 2022, Japan'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+ $1.24M
TOP IMPORT POTENTIALChina+ $742k

Watch Movements’s highest export potential is India. With an export gap of $1.24M.   Watch Movements’s highest import potential is China with an import gap of $742k.

See methodology.

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