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Clock or watch parts; n.e.c. in chapter 91

9114 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.63BRnk 830 / 1218
2022
Top Exporter | Top Importer $417M | $376MSwitzerland | Switzerland
2022
Product Complexity 0.84Rnk 231 / 1033
2021 - 2022
Export Growth (CAGR) -0.12%Rnk 866 / 1218
2022
Share of World Trade 0.0069%Rnk 830 / 1218

About

Overview This page contains the latest trade data of Other Clocks and Watches. In 2022, Other Clocks and Watches were the world's 830th most traded product, with a total trade of $1.63B. Between 2021 and 2022 the exports of Other Clocks and Watches decreased by -0.12%, from $1.63B to $1.63B. Trade in Other Clocks and Watches represent 0.0069% of total world trade.

Other Clocks and Watches are a part of Clocks, watches, & parts. They include Clock or watch parts, nes, Clock or watch dials, Clock or watch springs, including hair-springs, Clock or watch plates and bridges, and Clock or watch jewels.

Exports In 2022 the top exporters of Other Clocks and Watches  were Switzerland ($417M), China ($356M), France ($151M), Thailand ($146M), and Singapore ($105M).

Imports In 2022 the top importers of Other Clocks and Watches were Switzerland ($376M), Hong Kong ($242M), Japan ($139M), Singapore ($100M), and China ($92.8M).

Ranking Other Clocks and Watches ranks 231st in the Product Complexity Index (PCI).

Description Clock or watch parts are used in the production of clocks and watches.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Clocks and 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 (2022)Switzerland$417M
Top Destination (2022)Switzerland$376M

In 2022 Other Clocks and Watches were the world's 830th most traded product (out of 1,218).

In 2022, the top exporters of Other Clocks and Watches were Switzerland ($417M), China ($356M), France ($151M), Thailand ($146M), and Singapore ($105M).

In 2022, the top importers of Other Clocks and Watches were Switzerland ($376M), Hong Kong ($242M), Japan ($139M), Singapore ($100M), and China ($92.8M).

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Exporters of Other Clocks and Watches (2022)
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Importers of Other Clocks and Watches (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$11.7M
Top Destination Growth (2021 -  2022)Singapore$11M

Between 2021 and 2022, the exports of Other Clocks and Watches grew the fastest in Switzerland ($11.7M), Malaysia ($11M), Singapore ($9.43M), Thailand ($9.42M), and Philippines ($8.96M).

Between 2021 and 2022, the fastest growing importers of Other Clocks and Watches were Singapore ($11M), Chinese Taipei ($10.5M), Japan ($8.89M), Switzerland ($8.22M), and India ($5.22M).

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Exporters of Other Clocks and Watches (2021 - 2022)

Importers of Other Clocks and Watches (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Clocks and Watches.

In 2022, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Other Clocks and Watches are explained by 11 countries.

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Value of Exports in Other Clocks and Watches

Net Trade

TOP NET EXPORTER (2022)China$263M
TOP NET IMPORTER (2022)Hong Kong$178M

This map shows which countries export or import more of Other Clocks and Watches. Each country is colored based on the difference in exports and imports of Other Clocks and Watches during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Clocks and Watches were China ($263M), Thailand ($75M), France ($61.8M), Switzerland ($40.9M), and Malaysia ($14.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Clocks and Watches were Hong Kong ($178M), Japan ($58.5M), United States ($56M), Germany ($26.3M), and United Kingdom ($25.4M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Other Clocks and Watches, disaggragated by their HS6 level were Clock or watch springs, including hair-springs ($1.22B), Clock or watch dials ($313M), Clock or watch plates and bridges ($63.9M), and Clock or watch parts, nes ($35M)

HS6 Disaggregation for Other Clocks and Watches (2022)
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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 Other Clocks and Watches.
It is possible to select the main countries that export or import Other Clocks and Watches in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Clocks and Watches by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $8.97M
TOP IMPORT POTENTIALThailand+ $1.93M

Other Clocks and Watches’s highest export potential is India. With an export gap of $8.97M.  Other Clocks and Watches’s highest import potential is Thailand with an import gap of $1.93M.

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Clocks and Watches.

Country by Relatedness

The following visualization shows the relatedness of Other Clocks and 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 (2022)

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