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Other wristwatches: top exporters and importers (2024)

In 2024, world trade in other wristwatches totaled $30.6 billion (96 thousand tonnes). Switzerland accounted for 64% of exports, followed by China (13%) and Japan (3%); the top importers were the United States (16%), Hong Kong (10%) and Japan (7%). Compared with 2019, the value rose 18%.

Summary

World trade
$30.6billion
Tonnes
96thousand tonnes
Price per tonne
$316,571
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Switzerland$19.6 billion · 64%
  2. China$3.9 billion · 12.7%
  3. Japan$876 million · 2.9%
  4. Germany$682 million · 2.2%
  5. Hong Kong$671 million · 2.2%
    re-exports
  6. France$644 million · 2.1%
  7. Thailand$604 million · 2%
  8. Singapore$496 million · 1.6%
    re-exports
  9. United States$435 million · 1.4%
  10. Italy$327 million · 1.1%
  11. United Kingdom$238 million · 0.78%
  12. Netherlands$224 million · 0.73%
    re-exports
  13. Spain$216 million · 0.71%
  14. Vietnam$179 million · 0.59%
  15. Taiwan$163 million · 0.53%
  16. Philippines$147 million · 0.48%
  17. Ireland$142 million · 0.47%
  18. United Arab Emirates$76 million · 0.25%
  19. Poland$71 million · 0.23%
  20. Macao$62 million · 0.2%

Top importers

  1. United States$4.8 billion · 15.6%
  2. Hong Kong$2.9 billion · 9.5%
    re-exports
  3. Japan$2.1 billion · 6.9%
  4. France$1.9 billion · 6.3%
  5. China$1.8 billion · 5.8%
  6. Germany$1.8 billion · 5.7%
  7. United Kingdom$1.4 billion · 4.6%
  8. United Arab Emirates$1.2 billion · 4%
  9. Italy$965 million · 3.2%
  10. Singapore$940 million · 3.1%
    re-exports
  11. Spain$716 million · 2.3%
  12. Switzerland$684 million · 2.2%
  13. South Korea$651 million · 2.1%
  14. Netherlands$534 million · 1.8%
    re-exports
  15. India$417 million · 1.4%
  16. Mexico$400 million · 1.3%
  17. Malaysia$395 million · 1.3%
  18. Canada$394 million · 1.3%
  19. Turkey$387 million · 1.3%
  20. Australia$374 million · 1.2%

Trend

Who sells it

Switzerland was the top exporter throughout the period

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

  • Switzerland 19.6
  • China 3.9
  • Japan 0.88
  • Germany 0.68
  • Hong Kong 0.67

Source: CEPII BACI

Show the numbers
Country19952024
Switzerland3.519.6
China1.73.9
Japan1.40.88
Germany0.120.68
Hong Kong1.60.67

Price

Implied price

The price per tonne rose 767% since 2000

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $316,571

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995—
1996—
1997—
1998—
1999—
2000$36,521
2001$44,939
2002$29,705
2003$20,016
2004$41,184
2005$59,739
2006$70,530
2007$87,746
2008$190,532
2009$204,464
2010$190,262
2011$226,069
2012$160,544
2013$282,120
2014$278,796
2015$243,412
2016$277,732
2017$295,261
2018$171,496
2019$217,738
2020$309,794
2021$409,250
2022$283,422
2023$341,172
2024$316,571

What it includes

  • 9102 · Other wristwatches

Products in the same chapter

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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