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Where does Hong Kong get its wristwatches and pocket watches? Import sources 2024

In 2024, Hong Kong imported $5.3 billion of wristwatches and pocket watches (12 thousand tonnes), 10.8% of the world total. Its main sources were Switzerland (42%), China (14%) and Singapore (6%). Hong Kong was the world’s 2nd-largest importer of wristwatches and pocket watches.

Summary

Value
$5.3billion
Tonnes
12thousand tonnes
Share of world total
10.8%
World rank
2nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Switzerland2.2Tonnes: 45USD per tonne: $49,006,33042.2%Air
China0.73Tonnes: 11,107USD per tonne: $65,33113.8%Land
Singapore re-exports0.34Tonnes: 67USD per tonne: $4,806,0706.5%Air
United Kingdom0.25Tonnes: 10USD per tonne: $23,809,8424.7%Air
Thailand0.21Tonnes: 590USD per tonne: $360,8624.1%Air
United States0.21Tonnes: 94USD per tonne: $1,970,5823.9%Air
United Arab Emirates0.18Tonnes: 105USD per tonne: $1,080,8013.5%Air
Macao0.17Tonnes: 6USD per tonne: $27,449,6983.3%Air
Italy0.12Tonnes: 17USD per tonne: $7,463,0072.4%Air
Spain0.1Tonnes: 6USD per tonne: $17,558,6361.9%Air
Germany0.09Tonnes: 11USD per tonne: $8,538,3041.7%Air
Japan0.06Tonnes: 64USD per tonne: $902,1451.2%Air
France0.06Tonnes: 8USD per tonne: $7,761,4321.2%Air
Oman0.06Tonnes: 0USD per tonne: $190,473,4251.2%Air
Taiwan0.05Tonnes: 5USD per tonne: $8,858,1070.92%Air
Australia0.04Tonnes: 4USD per tonne: $9,771,3940.76%Air
South Korea0.04Tonnes: 10USD per tonne: $3,967,5790.74%Air
Netherlands re-exports0.04Tonnes: 26USD per tonne: $1,490,2850.74%Air
Portugal0.03Tonnes: 1USD per tonne: $35,111,9770.56%Air
Bahrain0.02Tonnes: 2USD per tonne: $15,563,5730.45%Air

Trend

Who it buys from

Switzerland has been its main source since 2002

Value in USD billions. The five largest sources in 2024.

  • Switzerland 2.2
  • China 0.73
  • Singapore 0.34
  • United Kingdom 0.25
  • Thailand 0.21

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland12.2
China10.73
Singapore0.140.34
United Kingdom0.040.25
Thailand0.070.21

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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