2022
Exports
$8.72MWorld Rnk 11 / 111
Flag Rnk 600 / 1198
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$50.4MWorld Rnk 3 / 168
Flag Rnk 454 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $8.72M in Watch Movements, making it the 11th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 600th most exported product in Singapore. The main destination of Watch Movements exports from Singapore are: China ($3.41M), Malaysia ($2.49M), Hong Kong ($1.1M), Switzerland ($758k), and Burma ($121k).

The fastest growing export markets for Watch Movements of Singapore between 2021 and 2022 were China ($1.59M), Malaysia ($1.16M), and Switzerland ($376k).

Imports In 2022, Singapore imported $50.4M in Watch Movements, becoming the 3rd largest importer of Watch Movements in the world. At the same year, Watch Movements was the 454th most imported product in Singapore. Singapore imports Watch Movements primarily from: Malaysia ($45.8M), Switzerland ($2.46M), Italy ($427k), China ($342k), and Hong Kong ($317k).

The fastest growing import markets in Watch Movements for Singapore between 2021 and 2022 were Malaysia ($41.5M), Switzerland ($691k), and Hong Kong ($234k).

Latest Trends

Aug 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)$8.72M
IMPORTS (2022)$50.4M
NET TRADE (2022)-$41.6M

In 2022, Singapore exported $8.72M in Watch Movements. The main destinations of Singapore exports on Watch Movements were China ($3.41M), Malaysia ($2.49M), Hong Kong ($1.1M), Switzerland ($758k), and Burma ($121k).

In 2022, Singapore imported $50.4M in Watch Movements, mainly from Malaysia ($45.8M), Switzerland ($2.46M), Italy ($427k), China ($342k), and Hong Kong ($317k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$1.59M (87.5%)
Malaysia$1.16M (86.5%)
Switzerland$376k (98.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Singapore WERE (2021 - 2022):
Hong Kong-$130k (-10.6%)
Germany-$130k (-86.1%)
Australia-$49.8k (-47.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Watch Movements were:
In 2022, Singapore'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+ $232k
TOP IMPORT POTENTIALChina+ $468k

Watch Movements’s highest export potential is Hong Kong. With an export gap of $232k.   Watch Movements’s highest import potential is China with an import gap of $468k.

See methodology.

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