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Pricing

Wrist-watches, pocket-watches, stop-watches and other watches, other than those of heading no. 9101

9102 (Harmonized System 1992 for 4-digit)

2023
World Trade $30.3BRnk 143 / 1217
2023
Top Exporter | Top Importer $19.6B | $4.61BSwitzerland | United States
2023
Product Complexity 1.18Rnk 116 / 1044
2022 - 2023
Export Growth (CAGR) 6.58%Rnk 215 / 1217
2023
Share of World Trade 0.13%Rnk 143 / 1217

About

Overview This page contains the latest trade data of Base Metal Watches. In 2023, Base Metal Watches were the world's 143rd most traded product, with a total trade of $30.3B. Between 2022 and 2023 the exports of Base Metal Watches grew by 6.58%, from $28.5B to $30.3B. Trade in Base Metal Watches represent 0.13% of total world trade.

Base Metal Watches are a part of Clocks, watches, & parts. They include Wrist-watch, base-metal case, battery, with hands, Wrist-watch, base-metal case, automatic wound, Wrist-watch, base-metal case, battery, opto/electric, Wrist-watch, base-metal case, battery, other, Wrist-watch, base-metal case, hand wound, Pocket-watch, base-metal case, non-battery, and Pocket-watch, base-metal case, battery.

Exports In 2023 the top exporters of Base Metal Watches  were Switzerland ($19.6B), China ($3.27B), Japan ($930M), Germany ($848M), and Hong Kong ($758M).

Imports In 2023 the top importers of Base Metal Watches were United States ($4.61B), Hong Kong ($3.16B), China ($2.46B), France ($2.01B), and Germany ($1.84B).

Ranking Base Metal Watches ranks 116th in the Product Complexity Index (PCI).

Description Wrist-watches, pocket-watches and other watches are used to tell time. They can be made from a variety of materials, including metal, plastic, or glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Base Metal Watches. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Switzerland$19.6B
Top Destination (2023)United States$4.61B

In 2023 Base Metal Watches were the world's 143rd most traded product (out of 1,217).

In 2023, the top exporters of Base Metal Watches were Switzerland ($19.6B), China ($3.27B), Japan ($930M), Germany ($848M), and Hong Kong ($758M).

In 2023, the top importers of Base Metal Watches were United States ($4.61B), Hong Kong ($3.16B), China ($2.46B), France ($2.01B), and Germany ($1.84B).

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Exporters of Base Metal Watches (2023)
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Importers of Base Metal Watches (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$2.21B
Top Destination Growth (2022 -  2023)United States$317M

Between 2022 and 2023, the exports of Base Metal Watches grew the fastest in Switzerland ($2.21B), Singapore ($104M), France ($104M), Hong Kong ($81.4M), and United States ($58.4M).

Between 2022 and 2023, the fastest growing importers of Base Metal Watches were United States ($317M), Hong Kong ($249M), China ($246M), France ($222M), and United Kingdom ($119M).

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Exporters of Base Metal Watches (2022 - 2023)

Importers of Base Metal Watches (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Base Metal Watches.

In 2023, market concentration measured using Shannon Entropy, was 2.34. This means that most of the exports of Base Metal Watches are explained by 5 countries.

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Value of Exports in Base Metal Watches

Net Trade

TOP NET EXPORTER (2023)Switzerland$19B
TOP NET IMPORTER (2023)United States$4.18B

This map shows which countries export or import more of Base Metal Watches. Each country is colored based on the difference in exports and imports of Base Metal Watches during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Base Metal Watches were Switzerland ($19B), China ($809M), Thailand ($266M), Philippines ($14.5M), and Barbados ($1.95M).

In 2023, the countries that had a largest trade value in imports than in exports of Base Metal Watches were United States ($4.18B), Hong Kong ($2.4B), France ($1.3B), United Kingdom ($1.22B), and Germany ($989M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Base Metal Watches, disaggragated by their HS6 level were Wrist-watch, base-metal case, automatic wound ($18.4B), Wrist-watch, base-metal case, battery, with hands ($7.37B), Wrist-watch, base-metal case, hand wound ($1.7B), Wrist-watch, base-metal case, battery, opto/electric ($1.47B), and Wrist-watch, base-metal case, battery, other ($943M)

HS6 Disaggregation for Base Metal Watches (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Base Metal Watches.
It is possible to select the main countries that export or import Base Metal Watches in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Base Metal Watches by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $168M
TOP IMPORT POTENTIALGermany+ $19.3M

Base Metal Watches’s highest export potential is Germany. With an export gap of $168M.  Base Metal Watches’s highest import potential is Germany with an import gap of $19.3M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Base Metal Watches.

Country by Relatedness

The following visualization shows the relatedness of Base Metal Watches to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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