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Time clocks and recorders: top exporters and importers (2024)

In 2024, world trade in time clocks and recorders totaled $573 million (14 thousand tonnes). China accounted for 67% of exports, followed by France (6%) and the United States (4%); the top importers were Russia (40%), the United States (7%) and Germany (6%). Compared with 2019, the value rose 55%.

Summary

World trade
$573million
Tonnes
14thousand tonnes
Price per tonne
$40,054
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$382 million · 66.7%
  2. France$34 million · 6%
  3. United States$22 million · 3.9%
  4. Germany$19 million · 3.3%
  5. Indonesia$15 million · 2.5%
  6. Switzerland$11 million · 1.9%
  7. Netherlands$10 million · 1.8%
    re-exports
  8. Taiwan$9 million · 1.6%
  9. Canada$7 million · 1.2%
  10. South Korea$6 million · 1.1%
  11. Spain$5 million · 0.86%
  12. Thailand$5 million · 0.83%
  13. Italy$4 million · 0.78%
  14. New Zealand$4 million · 0.7%
  15. Hong Kong$4 million · 0.62%
    re-exports
  16. Poland$3 million · 0.49%
  17. Czechia$2 million · 0.42%
  18. Japan$2 million · 0.38%
  19. United Kingdom$2 million · 0.35%
  20. Estonia$2 million · 0.34%

Top importers

  1. Russia$227 million · 39.7%
  2. United States$40 million · 7%
  3. Germany$33 million · 5.8%
  4. Japan$30 million · 5.3%
  5. France$14 million · 2.5%
  6. United Kingdom$14 million · 2.4%
  7. Poland$13 million · 2.3%
  8. Canada$11 million · 1.9%
  9. Italy$10 million · 1.8%
  10. South Korea$10 million · 1.7%
  11. Australia$8 million · 1.4%
  12. Netherlands$8 million · 1.4%
    re-exports
  13. India$8 million · 1.3%
  14. Spain$8 million · 1.3%
  15. Hong Kong$7 million · 1.3%
    re-exports
  16. Thailand$7 million · 1.3%
  17. Saudi Arabia$7 million · 1.3%
  18. Mexico$6 million · 1.1%
  19. Slovakia$6 million · 1%
  20. Malaysia$6 million · 0.97%

Trend

Who sells it

China was the top exporter throughout the period

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

  • China 382
  • France 34.4
  • United States 22.2
  • Germany 18.8
  • Indonesia 14.6

Source: CEPII BACI

Show the numbers
Country19952024
China50.5382
France17.234.4
United States3822.2
Germany20.918.8
Indonesia0.1814.6

Price

Implied price

The price per tonne rose 321% since 2000

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

  • 2024: $40,054

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995—
1996—
1997—
1998—
1999—
2000$9,505
2001$7,713
2002$7,854
2003$7,344
2004$5,511
2005$11,102
2006$10,306
2007$19,571
2008$23,768
2009$21,461
2010$20,674
2011$24,024
2012$16,948
2013$23,374
2014$32,642
2015$28,725
2016$21,863
2017$27,319
2018$21,214
2019$22,904
2020$23,943
2021$23,687
2022$23,206
2023$24,825
2024$40,054

What it includes

  • 9106 · Time clocks and recorders

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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