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Pricing

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

9114 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.81BRnk 788 / 1217
2023
Top Exporter | Top Importer $478M | $488MSwitzerland | Switzerland
2023
Product Complexity 0.77Rnk 269 / 1044
2022 - 2023
Export Growth (CAGR) 6.67%Rnk 210 / 1217
2023
Share of World Trade 0.008%Rnk 788 / 1217

About

Overview This page contains the latest trade data of Other Clocks and Watches. In 2023, Other Clocks and Watches were the world's 788th most traded product, with a total trade of $1.81B. Between 2022 and 2023 the exports of Other Clocks and Watches grew by 6.67%, from $1.7B to $1.81B. Trade in Other Clocks and Watches represent 0.008% 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 2023 the top exporters of Other Clocks and Watches  were Switzerland ($478M), China ($414M), France ($172M), Thailand ($145M), and Hong Kong ($128M).

Imports In 2023 the top importers of Other Clocks and Watches were Switzerland ($488M), Hong Kong ($254M), Japan ($182M), France ($114M), and Singapore ($97.1M).

Ranking Other Clocks and Watches ranks 269th 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 (2023)Switzerland$478M
Top Destination (2023)Switzerland$488M

In 2023 Other Clocks and Watches were the world's 788th most traded product (out of 1,217).

In 2023, the top exporters of Other Clocks and Watches were Switzerland ($478M), China ($414M), France ($172M), Thailand ($145M), and Hong Kong ($128M).

In 2023, the top importers of Other Clocks and Watches were Switzerland ($488M), Hong Kong ($254M), Japan ($182M), France ($114M), and Singapore ($97.1M).

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Exporters of Other Clocks and Watches (2023)
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Importers of Other Clocks and Watches (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$64.9M
Top Destination Growth (2022 -  2023)Switzerland$72.6M

Between 2022 and 2023, the exports of Other Clocks and Watches grew the fastest in Hong Kong ($64.9M), Switzerland ($37.2M), France ($29M), China ($28.4M), and Thailand ($16.2M).

Between 2022 and 2023, the fastest growing importers of Other Clocks and Watches were Switzerland ($72.6M), Japan ($24.8M), Philippines ($13.6M), Hong Kong ($12.5M), and Germany ($7.83M).

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Exporters of Other Clocks and Watches (2022 - 2023)

Importers of Other Clocks and Watches (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Other Clocks and Watches are explained by 10 countries.

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Value of Exports in Other Clocks and Watches

Net Trade

TOP NET EXPORTER (2023)China$348M
TOP NET IMPORTER (2023)Hong Kong$126M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Clocks and Watches were China ($348M), France ($57.9M), Thailand ($47.7M), Portugal ($9.43M), and Mauritius ($5.39M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Clocks and Watches were Hong Kong ($126M), Japan ($82.8M), United States ($51M), Germany ($32.6M), and United Kingdom ($31.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Clocks and Watches, disaggragated by their HS6 level were Clock or watch springs, including hair-springs ($1.4B), Clock or watch dials ($335M), Clock or watch plates and bridges ($59M), Clock or watch parts, nes ($12.1M), and Clock or watch jewels ($28)

HS6 Disaggregation for Other Clocks and 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 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 (2023)

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 (2023)

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