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

In 2024, Italy imported $1.6 billion of wristwatches and pocket watches (975 tonnes), 3.3% of the world total. Switzerland sold 53% of the total, followed by France (24%) and Germany (8%). Italy was the world’s 11th-largest importer of wristwatches and pocket watches.

Summary

Value
$1.6billion
Tonnes
975tonnes
Share of world total
3.3%
World rank
11th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Switzerland867Tonnes: 40USD per tonne: $21,465,42253.5%Land
France394Tonnes: 102USD per tonne: $3,851,36324.3%Land
Germany127Tonnes: 174USD per tonne: $727,1517.8%Air
China80.2Tonnes: 377USD per tonne: $212,4874.9%Air
Spain33Tonnes: 87USD per tonne: $378,8452%Air
Netherlands re-exports31.2Tonnes: 40USD per tonne: $786,2551.9%Air
Ireland16.6Tonnes: 1USD per tonne: $29,131,6471%Air
Greece8Tonnes: 1USD per tonne: $6,072,0160.49%Air
Thailand7.6Tonnes: 13USD per tonne: $592,7470.47%Air
Cyprus7.3Tonnes: 18USD per tonne: $403,8910.45%Air
Belgium re-exports6.2Tonnes: 15USD per tonne: $420,1440.38%Air
Portugal3.9Tonnes: 22USD per tonne: $179,3960.24%Air
Hungary3.9Tonnes: 14USD per tonne: $282,0240.24%Air
Japan3.5Tonnes: 2USD per tonne: $1,440,9060.22%Air
Malta3.5Tonnes: 3USD per tonne: $1,000,8260.21%Air
Hong Kong re-exports2.9Tonnes: 9USD per tonne: $343,0720.18%Air
Philippines2.8Tonnes: 6USD per tonne: $477,7740.17%Air
Austria2.5Tonnes: 7USD per tonne: $369,4050.15%Land
Sweden2.5Tonnes: 6USD per tonne: $402,2700.15%Air
Bulgaria2.3Tonnes: 1USD per tonne: $2,475,4550.14%Air

Trend

Who it buys from

Switzerland was its main source throughout the period

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

  • Switzerland 0.87
  • France 0.39
  • Germany 0.13
  • China 0.08
  • Spain 0.03

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland0.460.87
France< 0.010.39
Germany0.010.13
China0.040.08
Spain< 0.010.03

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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