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

In 2024, Singapore imported $2.4 billion of wristwatches and pocket watches (887 tonnes), 4.9% of the world total. Switzerland sold 89% of the total, followed by China (4%) and Germany (1%). Singapore was the world’s 7th-largest importer of wristwatches and pocket watches.

Summary

Value
$2.4billion
Tonnes
887tonnes
Share of world total
4.9%
World rank
7th
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
Switzerland2.1Tonnes: 50USD per tonne: $41,879,93888.7%Air
China0.1Tonnes: 523USD per tonne: $173,9774%Air
Germany0.04Tonnes: 4USD per tonne: $9,987,6881.5%Air
Japan0.03Tonnes: 24USD per tonne: $1,046,5381.1%Air
France0.02Tonnes: 1USD per tonne: $15,633,2200.79%Air
Hong Kong re-exports0.02Tonnes: 100USD per tonne: $176,5770.75%Air
Thailand0.01Tonnes: 37USD per tonne: $224,8290.35%Air
United States0.01Tonnes: 16USD per tonne: $489,1980.35%Air
Australia0.01Tonnes: 0USD per tonne: $11,044,5860.34%Air
Malaysia0.01Tonnes: 21USD per tonne: $366,8530.33%Air
Ireland< 0.01Tonnes: 1USD per tonne: $8,147,5530.19%Air
United Kingdom< 0.01Tonnes: 1USD per tonne: $2,949,8890.17%Air
Vietnam< 0.01Tonnes: 58USD per tonne: $69,5700.17%Air
Croatia< 0.01Tonnes: 0USD per tonne: $7,281,9560.13%Air
Italy< 0.01Tonnes: 1USD per tonne: $3,457,7920.1%Air
New Zealand< 0.01Tonnes: 0USD per tonne: $34,055,5310.1%Air
Bahrain< 0.01Tonnes: 1USD per tonne: $2,323,7180.1%Air
Saudi Arabia< 0.01Tonnes: 2USD per tonne: $1,501,8190.1%Air
Eswatini< 0.01Tonnes: 0USD per tonne: $43,270,2610.09%Air
India< 0.01Tonnes: 11USD per tonne: $191,0090.09%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 2.1
  • China 0.1
  • Germany 0.04
  • Japan 0.03
  • France 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
Switzerland0.482.1
China0.030.1
Germany0.020.04
Japan0.060.03
France0.010.02

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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