2022
Exports
$337MWorld Rnk 3 / 159
Flag Rnk 119 / 1211
2022
PRODUCT COMPLEXITY IN Watch Straps
-0.095Rnk 579 / 1025
2022
Imports
$677MWorld Rnk 1 / 197
Flag Rnk 73 / 1213
2022
ECONOMIC COMPLEXITY of Switzerland
1.97Rnk 2 / 133

About

Exports In 2022, Switzerland exported $337M in Watch Straps, making it the 3rd largest exporter of Watch Straps in the world. At the same year, Watch Straps was the 119th most exported product in Switzerland. The main destination of Watch Straps exports from Switzerland are: France ($55.1M), United States ($46.3M), Hong Kong ($35.7M), Thailand ($26.2M), and Japan ($22.4M).

The fastest growing export markets for Watch Straps of Switzerland between 2021 and 2022 were Thailand ($6.56M), Hong Kong ($4.21M), and Netherlands ($4.06M).

Imports In 2022, Switzerland imported $677M in Watch Straps, becoming the 1st largest importer of Watch Straps in the world. At the same year, Watch Straps was the 73rd most imported product in Switzerland. Switzerland imports Watch Straps primarily from: France ($205M), China ($177M), Italy ($114M), Thailand ($79.2M), and Portugal ($21.7M).

The fastest growing import markets in Watch Straps for Switzerland between 2021 and 2022 were China ($25.2M), Thailand ($15.2M), and Italy ($10.5M).

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 Straps. 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)$337M
IMPORTS (2022)$677M
NET TRADE (2022)-$341M

In 2022, Switzerland exported $337M in Watch Straps. The main destinations of Switzerland exports on Watch Straps were France ($55.1M), United States ($46.3M), Hong Kong ($35.7M), Thailand ($26.2M), and Japan ($22.4M).

In 2022, Switzerland imported $677M in Watch Straps, mainly from France ($205M), China ($177M), Italy ($114M), Thailand ($79.2M), and Portugal ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Straps EXPORT MARKETS FOR Switzerland WERE (2021 - 2022):
Thailand$6.56M (33.4%)
Hong Kong$4.21M (13.4%)
Netherlands$4.06M (74.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Straps BY Switzerland WERE (2021 - 2022):
China-$4.12M (-19.2%)
United Kingdom-$2.58M (-13.6%)
Russia-$1.6M (-66.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Switzerland's main exporting competitors in Watch Straps were:
China $932M
In 2022, Switzerland's main importing competitors in Watch Straps were:

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Trade Value of Watch Straps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.06M
TOP IMPORT POTENTIALGermany+ $2.88M

Watch Straps’s highest export potential is Germany. With an export gap of $6.06M.   Watch Straps’s highest import potential is Germany with an import gap of $2.88M.

See methodology.

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