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Watch straps and bands: top exporters and importers (2024)

In 2024, world trade in watch straps and bands totaled $2.4 billion (16 thousand tonnes). The top exporters were China (43%), Switzerland (15%) and France (14%); the top importers were Switzerland (29%), Hong Kong (10%) and the United States (9%). Compared with 2019, the value rose 17%.

Summary

World trade
$2.4billion
Tonnes
16thousand tonnes
Price per tonne
$145,813
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1 billion · 42.9%
  2. Switzerland$374 million · 15.5%
  3. France$341 million · 14.1%
  4. Italy$161 million · 6.7%
  5. Thailand$90 million · 3.7%
  6. Hong Kong$81 million · 3.4%
    re-exports
  7. Portugal$42 million · 1.8%
  8. Singapore$32 million · 1.3%
    re-exports
  9. Germany$29 million · 1.2%
  10. Austria$24 million · 0.99%
  11. Czechia$20 million · 0.83%
  12. United Kingdom$19 million · 0.8%
  13. Netherlands$19 million · 0.78%
    re-exports
  14. United States$16 million · 0.66%
  15. Taiwan$15 million · 0.62%
  16. Vietnam$14 million · 0.58%
  17. India$11 million · 0.44%
  18. Hungary$10 million · 0.43%
  19. Mauritius$10 million · 0.43%
  20. Japan$9 million · 0.39%

Top importers

  1. Switzerland$699 million · 28.9%
  2. Hong Kong$250 million · 10.3%
    re-exports
  3. United States$213 million · 8.8%
  4. France$181 million · 7.5%
  5. Thailand$104 million · 4.3%
  6. Germany$103 million · 4.3%
  7. Japan$99 million · 4.1%
  8. Vietnam$70 million · 2.9%
  9. China$52 million · 2.2%
  10. Italy$50 million · 2.1%
  11. Czechia$47 million · 2%
  12. Singapore$47 million · 1.9%
    re-exports
  13. Netherlands$41 million · 1.7%
    re-exports
  14. United Kingdom$37 million · 1.5%
  15. Taiwan$37 million · 1.5%
  16. India$37 million · 1.5%
  17. Brazil$32 million · 1.3%
  18. South Korea$30 million · 1.3%
  19. Spain$22 million · 0.91%
  20. United Arab Emirates$21 million · 0.87%

Trend

Who sells it

China was the top exporter throughout the period

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

  • China 1
  • Switzerland 0.37
  • France 0.34
  • Italy 0.16
  • Thailand 0.09

Source: CEPII BACI

Show the numbers
Country19952024
China0.191
Switzerland0.130.37
France0.120.34
Italy0.110.16
Thailand0.020.09

Price

Implied price

The price per tonne rose 224% since 2000

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

  • 2024: $145,813

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995—
1996—
1997—
1998—
1999—
2000$44,995
2001$44,375
2002$37,430
2003$43,475
2004$54,060
2005$64,024
2006$59,244
2007$89,088
2008$96,980
2009$69,757
2010$100,117
2011$138,618
2012$155,596
2013$172,123
2014$176,378
2015$154,036
2016$180,677
2017$169,768
2018$196,068
2019$156,555
2020$158,285
2021$155,643
2022$144,629
2023$155,588
2024$145,813

What it includes

  • 9113 · Watch straps and bands

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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