Singapore | 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 Singapore totalled $ 2.36 billion in 2023. Sales of commodity group 91 from Singapore went up by 3.68% compared to 2022: exports of commodity group 91 "Clocks and watches and parts thereof" went up by $ 84 million (cumulative exports of commodity group 91 from Singapore amounted $2.28 billion in 2022)
Exports of commodity group 91 "Clocks and watches and parts thereof" amounted to 0.497% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 91 in total exports from Singapore increased by 0.054 p.p. compared to 2022 (it was 0.443% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Where does Singapore export Clocks and watches and parts thereof?
Top export destinations of "Clocks and watches and parts thereof" from Singapore in 2023:
- Malaysia with a share of 20% (477 million US$)
- Hong Kong with a share of 19.1% (452 million US$)
- Thailand with a share of 14.3% (338 million US$)
- Switzerland with a share of 9.09% (215 million US$)
- Indonesia with a share of 6.84% (161 million US$)
- Japan with a share of 5.38% (127 million US$)
- Australia with a share of 4.87% (115 million US$)
- China with a share of 4.41% (104 million US$)
- Vietnam with a share of 3.97% (94 million US$)
- USA with a share of 2.66% (63 million US$)
Exports structure of 91 - Clocks and watches and parts thereof - from Singapore in 2023 represented by the following main commodity groups:
- 58% (1.38 billion US$): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
- 28% (670 million US$): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
- 6.91% (163 million US$): 9114 - Other clock or watch parts
- 3.23% (76 million US$): 9110 - Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements
- 1.51% (35 million US$): 9113 - Watch straps, watch bands and watch bracelets, and parts thereof.
- 0.807% (19.1 million US$): 9111 - Watch cases and parts thereof
- 0.192% (4.55 million US$): 9106 - Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous motor (for example, time-registers, time-recorders)
- 0.172% (4.08 million US$): 9108 - Watch movements, complete and assembled
- 0.12% (2.84 million US$): 9107 - Time switches with clock or watch movement or with synchronous motor
- 0.112% (2.66 million US$): 9105 - Other clocks
The value of imports of commodity group 91 "Clocks and watches and parts thereof" to Singapore totalled $ 2.68 billion in 2023. Sales of commodity group 91 to Singapore went up by 2.99% compared to 2022: imports of commodity group 91 "Clocks and watches and parts thereof" went up by $ 78 million (the value of imports of commodity group 91 to Singapore was equal to $2.6 billion in 2022)
Imports of commodity group 91 "Clocks and watches and parts thereof" accounted for 0.634% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 91 in total imports to Singapore increased by 0.087 p.p. compared to 2022 (it was 0.547% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Where does Singapore import Clocks and watches and parts thereof from?
Top trading partners (import of "Clocks and watches and parts thereof") of Singapore in 2023:
- Switzerland with a share of 84% (2.26 billion US$)
- Malaysia with a share of 5.61% (150 million US$)
- China with a share of 2.64% (71 million US$)
- Japan with a share of 1.69% (45 million US$)
- Germany with a share of 1.33% (35 million US$)
- France with a share of 1.15% (30 million US$)
- Hong Kong with a share of 1.04% (28 million US$)
- USA - 10.6 million US$
- Vietnam - 10.3 million US$
- Thailand - 7.29 million US$
Imports structure of 91 - Clocks and watches and parts thereof - to Singapore in 2023 represented by the following main commodity groups:
- 61% (1.64 billion US$): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
- 28% (767 million US$): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
- 3.79% (101 million US$): 9114 - Other clock or watch parts
- 3.14% (84 million US$): 9110 - Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements
- 1.01% (27 million US$): 9113 - Watch straps, watch bands and watch bracelets, and parts thereof.
- 0.647% (17.3 million US$): 9111 - Watch cases and parts thereof
- 0.517% (13.8 million US$): 9105 - Other clocks
- 0.225% (6.05 million US$): 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)
- 0.157% (4.22 million US$): 9107 - Time switches with clock or watch movement or with synchronous motor
- 0.14% (3.76 million US$): 9108 - Watch movements, complete and assembled
