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2023
Exports $13.3MWorld Rnk 10 / 114
Flag Rnk 1004 / 1217
2023
Destination $1.94M Switzerland
2022 - 2023
FASTEST GROWING MARKET $1.94MJapan
2023
PRODUCT COMPLEXITY IN Watch Movements1.63Rnk 29 / 1025
2023
Imports $38.1MWorld Rnk 5 / 175
Flag Rnk 995 / 1215
2023
Origin $1.92M Switzerland
2022 - 2023
FASTEST GROWING ORIGIN $1.92MHong Kong
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $13.3M in Watch Movements, making it the 10th largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 1004th most exported product in United States. The main destination of Watch Movements exports from United States are: Switzerland ($5.68M), Japan ($2.01M), Hong Kong ($1.53M), New Zealand ($655k), and United Kingdom ($417k).

The fastest growing export markets for Watch Movements of United States between 2022 and 2023 were Japan ($1.94M), New Zealand ($641k), and United Kingdom ($260k).

Imports In 2023, United States imported $38.1M in Watch Movements, becoming the 5th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 995th most imported product in United States. United States imports Watch Movements primarily from: Switzerland ($26M), Hong Kong ($6.77M), Italy ($1.29M), Japan ($1.03M), and United Kingdom ($799k).

The fastest growing import markets in Watch Movements for United States between 2022 and 2023 were Hong Kong ($1.92M), Italy ($588k), and Japan ($371k).

COMPANIES In 2024, leading companies such as Dole Fresh Fruit (64), EDT (Export, Development & Trade) (20), and Stelfast (18) were at the forefront of shipping Watch Movements to the United States.

Latest Trends

January 2025

About

Overview In January 2025 United States' Watch Movements exports accounted up to $1.94M and imports accounted up to $2.78M, resulting in a negative trade balance of $838k. Between January 2024 and January 2025 the exports of United States'   Watch Movements have increased by $626k (47.5%) from $1.32M to $1.94M, while imports increased by $1.26M (82.4%) from $1.53M to $2.78M.

Destinations In January 2025, Watch Movements were exported mostly to Hong Kong ($474k), Canada ($336k), Switzerland ($104k), United Kingdom ($83.4k), and Japan ($35.6k), and were imported mostly from Switzerland ($2.58M), Netherlands ($20.7k), China ($13.4k), Japan ($13.1k), and Denmark ($3.25k).

Growth In January 2025, the increase in Watch Movements's year-by-year exports was explained primarily by an increase in exports to Canada ($53.1k or 22.7%), United Kingdom ($14.5k or 10%), and Panama ($423 or 6.22%). In January 2025, the increase in Watch Movements's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$626k(47.5%)
IMPORT GROWTH (January 2024 - January 2025)$1.26M(82.4%)
MAIN EXPORTER (January 2025)Pennsylvania$669k
MAIN DESTINATION (January 2025)Hong Kong$474k

This section shows Watch Movements's exports and imports data at subnational level for United States. 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 (2023)$13.3M
IMPORTS (2023)$38.1M
NET TRADE (2023)-$24.8M

In 2023, United States exported $13.3M in Watch Movements. The main destinations of United States exports on Watch Movements were Switzerland ($5.68M), Japan ($2.01M), Hong Kong ($1.53M), New Zealand ($655k), and United Kingdom ($417k).

In 2023, United States imported $38.1M in Watch Movements, mainly from Switzerland ($26M), Hong Kong ($6.77M), Italy ($1.29M), Japan ($1.03M), and United Kingdom ($799k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR United States WERE (2022 - 2023):
Japan$1.94M (2.79k%)
New Zealand$641k (4.62k%)
United Kingdom$260k (166%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY United States WERE (2022 - 2023):
Hong Kong-$4.23M (-73.5%)
Switzerland-$1.05M (-15.6%)
South Korea-$410k (-66.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Watch Movements were:
Japan $343M
Switzerland $191M
China $92.6M
In 2023, United States's main importing competitors in Watch Movements were:
Hong Kong $289M
China $161M
Japan $65.2M

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $368k
TOP IMPORT POTENTIALJapan+ $896k

Watch Movements’s highest export potential is China. With an export gap of $368k.   Watch Movements’s highest import potential is Japan with an import gap of $896k.

See methodology.

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