2022
Exports
$456kWorld Rnk 31 / 111
Flag Rnk 991 / 1193
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$1.14MWorld Rnk 34 / 168
Flag Rnk 1095 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $456k in Watch Movements, making it the 31st largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 991st most exported product in Mexico. The main destination of Watch Movements exports from Mexico are: Switzerland ($446k), El Salvador ($5.38k), United Arab Emirates ($2.22k), United Kingdom ($1.32k), and South Africa ($797).

The fastest growing export markets for Watch Movements of Mexico between 2021 and 2022 were El Salvador ($5.38k), United Arab Emirates ($1.88k), and Peru ($201).

Imports In 2022, Mexico imported $1.14M in Watch Movements, becoming the 34th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1095th most imported product in Mexico. Mexico imports Watch Movements primarily from: Switzerland ($674k), United States ($234k), Hong Kong ($114k), China ($42.4k), and Japan ($32.9k).

The fastest growing import markets in Watch Movements for Mexico between 2021 and 2022 were United States ($101k), Switzerland ($86.8k), and China ($38.7k).

Latest Trends

Jul 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)$456k
IMPORTS (2022)$1.14M
NET TRADE (2022)-$688k

In 2022, Mexico exported $456k in Watch Movements. The main destinations of Mexico exports on Watch Movements were Switzerland ($446k), El Salvador ($5.38k), United Arab Emirates ($2.22k), United Kingdom ($1.32k), and South Africa ($797).

In 2022, Mexico imported $1.14M in Watch Movements, mainly from Switzerland ($674k), United States ($234k), Hong Kong ($114k), China ($42.4k), and Japan ($32.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
El Salvador$5.38k (1%)
Peru$201 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Mexico WERE (2021 - 2022):
Germany-$16.9k (-100%)
Switzerland-$12.5k (-2.72%)
Sweden-$8.28k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Watch Movements were:
In 2022, Mexico'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 POTENTIALUnited Kingdom+ $4.33k
TOP IMPORT POTENTIALUnited States+ $108k

Watch Movements’s highest export potential is United Kingdom. With an export gap of $4.33k.   Watch Movements’s highest import potential is United States with an import gap of $108k.

See methodology.

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