Hong Kong | Imports and Exports | World | Clocks and watches and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 91 "Clocks and watches and parts thereof" from Hong Kong totalled $ 6.96 billion in 2023. Sales of commodity group 91 from Hong Kong decreased by 0.469% in value terms compared to 2022. exports of commodity group 91 "Clocks and watches and parts thereof" decreased by $ 32 million (cumulative exports of commodity group 91 from Hong Kong amounted $6.99 billion in 2022)
Exports of commodity group 91 "Clocks and watches and parts thereof" amounted to 1.21% of total exports from Hong Kong (cumulative merchandise exports from Hong Kong totalled $ 575 billion in 2023). The share of commodity group 91 in total exports from Hong Kong increased by 0.064 p.p. compared to 2022 (it was 1.14% in 2022 and cumulative exports from Hong Kong were equal to $ 610 billion).
Where does Hong Kong export Clocks and watches and parts thereof?
Top export destinations of "Clocks and watches and parts thereof" from Hong Kong in 2023:
- China with a share of 15.5% (1.08 billion US$)
- USA with a share of 14.6% (1.01 billion US$)
- Switzerland with a share of 13.9% (968 million US$)
- China, Macao SAR with a share of 11.4% (794 million US$)
- Japan with a share of 6.44% (448 million US$)
- Germany with a share of 3.48% (242 million US$)
- Philippines with a share of 3.19% (222 million US$)
- United Arab Emirates with a share of 2.73% (190 million US$)
- Other Asia, nes with a share of 2.6% (181 million US$)
- Thailand with a share of 2.39% (166 million US$)
Exports structure of 91 - Clocks and watches and parts thereof - from Hong Kong in 2023 represented by the following main commodity groups:
- 50% (3.51 billion US$): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
- 23% (1.63 billion US$): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
- 8.85% (616 million US$): 9114 - Other clock or watch parts
- 6.47% (450 million US$): 9111 - Watch cases and parts thereof
- 5.87% (408 million US$): 9113 - Watch straps, watch bands and watch bracelets, and parts thereof.
- 3.19% (222 million US$): 9108 - Watch movements, complete and assembled
- 0.794% (55 million US$): 9105 - Other clocks
- 0.432% (30 million US$): 9110 - Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements
- 0.249% (17.3 million US$): 9106 - Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous motor (for example, time-registers, time-recorders)
- 0.082% (5.72 million US$): 9107 - Time switches with clock or watch movement or with synchronous motor
The value of imports of commodity group 91 "Clocks and watches and parts thereof" to Hong Kong totalled $ 8.38 billion in 2023. Sales of commodity group 91 to Hong Kong went up by 10.5% compared to 2022: imports of commodity group 91 "Clocks and watches and parts thereof" went up by $ 801 million (the value of imports of commodity group 91 to Hong Kong was equal to $7.58 billion in 2022)
Imports of commodity group 91 "Clocks and watches and parts thereof" accounted for 1.28% of total import flow to Hong Kong (in 2023, total imports to Hong Kong amounted to $ 654 billion). The share of commodity group 91 in total imports to Hong Kong increased by 0.146 p.p. compared to 2022 (it was 1.13% in 2022 and cumulative imports to Hong Kong were equal to $ 668 billion).
Where does Hong Kong import Clocks and watches and parts thereof from?
Top trading partners (import of "Clocks and watches and parts thereof") of Hong Kong in 2023:
- Switzerland with a share of 34% (2.87 billion US$)
- China with a share of 18.7% (1.57 billion US$)
- Japan with a share of 16.9% (1.42 billion US$)
- Singapore with a share of 5.11% (429 million US$)
- USA with a share of 5.07% (425 million US$)
- China, Macao SAR with a share of 2.49% (209 million US$)
- United Kingdom with a share of 2.29% (192 million US$)
- Thailand with a share of 1.96% (164 million US$)
- United Arab Emirates with a share of 1.81% (152 million US$)
- Italy with a share of 1.53% (128 million US$)
Imports structure of 91 - Clocks and watches and parts thereof - to Hong Kong in 2023 represented by the following main commodity groups:
- 46% (3.88 billion US$): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
- 38% (3.23 billion US$): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
- 3.48% (291 million US$): 9111 - Watch cases and parts thereof
- 3.23% (271 million US$): 9113 - Watch straps, watch bands and watch bracelets, and parts thereof.
- 3.07% (258 million US$): 9108 - Watch movements, complete and assembled
- 2.98% (250 million US$): 9114 - Other clock or watch parts
- 1.98% (166 million US$): 9110 - Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements
- 0.216% (18.1 million US$): 9105 - Other clocks
- 0.077% (6.49 million US$): 9106 - Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous motor (for example, time-registers, time-recorders)
- 0.024% (2.09 million US$): 9107 - Time switches with clock or watch movement or with synchronous motor
