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Watch straps, watch bands, watch bracelets and parts thereof

9113 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.49BRnk 711 / 1217
2023
Top Exporter | Top ImporterfalseN/A | Switzerland
2023
Product Complexity 0.26Rnk 472 / 1044
2022 - 2023
Export Growth (CAGR) 10.5%Rnk 149 / 1217
2023
Share of World Trade 0.011%Rnk 711 / 1217

About

Overview This page contains the latest trade data of Watch Straps. In 2023, Watch Straps were the world's 711th most traded product, with a total trade of $2.49B. Between 2022 and 2023 the exports of Watch Straps grew by 10.5%, from $2.26B to $2.49B. Trade in Watch Straps represent 0.011% of total world trade.

Watch Straps are a part of Clocks, watches, & parts. They include Watch straps etc and parts, of base metal, Watch straps etc and parts, of leather/plastic/etc, and Watch straps etc & parts, of/clad with precious metal.

Exports In 2023 the top exporters of Watch Straps  were N/A.

Imports In 2023 the top importers of Watch Straps were Switzerland ($787M), Hong Kong ($267M), United States ($198M), France ($168M), and Thailand ($113M).

Ranking Watch Straps ranks 472nd in the Product Complexity Index (PCI).

Description Watch straps are used to hold a watch on the wrist. Watch bands are made of leather, metal, or plastic and can be worn around the wrist or on the arm. Watch bracelets are made of metal and can be worn around the wrist or on the arm.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Watch Straps. Countries are shown based on data availability.

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

Explore Latest Trends

* 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 Destination (2023)Switzerland$787M

In 2023 Watch Straps were the world's 711th most traded product (out of 1,217).

In 2023, the top importers of Watch Straps were Switzerland ($787M), Hong Kong ($267M), United States ($198M), France ($168M), and Thailand ($113M).

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Exporters of Watch Straps (2023)
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Importers of Watch Straps (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$89M
Top Destination Growth (2022 -  2023)Switzerland$96.7M

Between 2022 and 2023, the exports of Watch Straps grew the fastest in China ($89M), Italy ($35.7M), Switzerland ($31.6M), Thailand ($29.1M), and Singapore ($25.8M).

Between 2022 and 2023, the fastest growing importers of Watch Straps were Switzerland ($96.7M), Thailand ($41.3M), United States ($38.2M), France ($21.8M), and Singapore ($20.6M).

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Exporters of Watch Straps (2022 - 2023)

Importers of Watch Straps (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Watch Straps.

In 2023, market concentration measured using Shannon Entropy, was 3.12. This means that most of the exports of Watch Straps are explained by 8 countries.

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Value of Exports in Watch Straps

Net Trade

TOP NET EXPORTER (2023)China$939M
TOP NET IMPORTER (2023)Switzerland$424M

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

In 2023, the countries that had a largest trade value in exports than in imports of Watch Straps were China ($939M), France ($161M), Italy ($126M), Portugal ($28.5M), and Thailand ($14.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Watch Straps were Switzerland ($424M), United States ($181M), Hong Kong ($160M), Japan ($82.9M), and Germany ($64.9M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Watch Straps, disaggragated by their HS6 level were Watch straps etc and parts, of... ($1.19B), Watch straps etc and parts, of... ($1.07B), and Watch straps etc & parts, of/clad... ($231M)

HS6 Disaggregation for Watch Straps (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 Watch Straps.
It is possible to select the main countries that export or import Watch Straps in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Watch Straps by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $9.77M
TOP IMPORT POTENTIALThailand+ $2.53M

Watch Straps’s highest export potential is India. With an export gap of $9.77M.  Watch Straps’s highest import potential is Thailand with an import gap of $2.53M.

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 Watch Straps.

Country by Relatedness

The following visualization shows the relatedness of Watch Straps 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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