The value of exports of commodity group 9101 "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" from Switzerland totalled $ 10.4 billion in 2023. Sales of commodity group 9101 from Switzerland went up by 15.8% compared to 2022: exports of commodity group 9101 "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" went up by $ 1.42 billion (cumulative exports of commodity group 9101 from Switzerland amounted $9.01 billion in 2022)
Exports of commodity group 9101 "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" amounted to 2.48% of total exports from Switzerland (cumulative merchandise exports from Switzerland totalled $ 419 billion in 2023). The share of commodity group 9101 in total exports from Switzerland increased by 0.233 p.p. compared to 2022 (it was 2.25% in 2022 and cumulative exports from Switzerland were equal to $ 400 billion).
Exports of commodity group 9101 amounted to 35% of total sales of group "" from Switzerland in 2023 (the value of exports of commodity group from Switzerland amounted to $29 billion in 2023). The share of exports of commodity group 9101 in sales of commodity group from Switzerland increased by 0.458 p.p. compared to 2022 (it was 34% in 2022, and exports of commodity group from Switzerland were $26 billion).
Where does Switzerland export Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal?
Top export destinations of "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" from Switzerland in 2023:
- USA with a share of 15.7% (1.64 billion US$)
- Hong Kong with a share of 10.4% (1.09 billion US$)
- China with a share of 8.17% (853 million US$)
- Singapore with a share of 7.56% (789 million US$)
- Japan with a share of 7.5% (783 million US$)
- United Kingdom with a share of 6.63% (693 million US$)
- United Arab Emirates with a share of 5.81% (607 million US$)
- France with a share of 4.78% (500 million US$)
- Germany with a share of 4.22% (441 million US$)
- Italy with a share of 3.94% (411 million US$)
Exports structure of 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal - from Switzerland in 2023 represented by the following main commodity groups:
- 71% (7.41 billion US$): 910121 - Wrist-watches other than electrically operated, whether or not incorp. a stop-watch facility, with auto. winding, with case of precious metal/metal clad with precious metal
- 17.1% (1.79 billion US$): 910129 - Wrist-watches other than electrically operated, whether or not incorp. a stop-watch facility (excl. with auto. winding), with case of precious metal/metal clad with precious metal
- 11.5% (1.2 billion US$): 910111 - Wrist-watches, electrically operated, whether or not incorp. a stop-watch facility, with mech. display only, with case of precious metal/metal clad with precious metal
- 0.156% (16.3 million US$): 910191 - Pocket-watches & other watches (excl. wrist-watches), incl. stop-watches, electrically operated, with case of precious metal/metal clad with precious metal
- 0.155% (16.2 million US$): 910199 - Pocket-watches & other watches (excl. wrist-watches), incl. stop-watches (excl. electrically operated), with case of precious metal/metal clad with precious metal
- 0.003% (399 thousand US$): 910119 - Wrist-watches; electrically operated, with or without a stop-watch, with case of precious metal or metal clad with precious metal, without mechanical display
The value of imports of commodity group 9101 "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" to Switzerland totalled $ 1.5 billion in 2023. Sales of commodity group 9101 to Switzerland went up by 1.81% compared to 2022: imports of commodity group 9101 "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" went up by $ 26 million (the value of imports of commodity group 9101 to Switzerland was equal to $1.47 billion in 2022)
Imports of commodity group 9101 "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal" accounted for 0.412% of total import flow to Switzerland (in 2023, total imports to Switzerland amounted to $ 365 billion). The share of commodity group 9101 in total imports to Switzerland decreased by 0.003 p.p. compared to 2022 (it was 0.415% in 2022 and cumulative imports to Switzerland were equal to $ 356 billion).
Imports of commodity group 9101 reached 38% of total imports of group "" to Switzerland in 2023 (imports of commodity group to Switzerland totalled $3.93 billion in 2023). The share of purchases of commodity group 9101 in imports of commodity group to Switzerland went down by 1.24 p.p. compared to 2022 (it was 39% in 2022, and imports of commodity group to Switzerland accounted for $3.73 billion).
Where does Switzerland import Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal from?
Top trading partners (import of "Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal") of Switzerland in 2023:
- Germany with a share of 15.1% (228 million US$)
- France with a share of 13.8% (209 million US$)
- USA with a share of 9.41% (141 million US$)
- Hong Kong with a share of 8.75% (131 million US$)
- United Kingdom with a share of 6.98% (105 million US$)
- Italy with a share of 6.4% (96 million US$)
- United Arab Emirates with a share of 6.34% (95 million US$)
- Singapore with a share of 6.23% (93 million US$)
- China with a share of 4.9% (73 million US$)
- Japan with a share of 4.41% (66 million US$)
Imports structure of 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal - to Switzerland in 2023 represented by the following main commodity groups:
- 40% (608 million US$): 910129 - Wrist-watches other than electrically operated, whether or not incorp. a stop-watch facility (excl. with auto. winding), with case of precious metal/metal clad with precious metal
- 32% (495 million US$): 910121 - Wrist-watches other than electrically operated, whether or not incorp. a stop-watch facility, with auto. winding, with case of precious metal/metal clad with precious metal
- 25% (385 million US$): 910111 - Wrist-watches, electrically operated, whether or not incorp. a stop-watch facility, with mech. display only, with case of precious metal/metal clad with precious metal
- 0.709% (10.6 million US$): 910199 - Pocket-watches & other watches (excl. wrist-watches), incl. stop-watches (excl. electrically operated), with case of precious metal/metal clad with precious metal
- 0.341% (5.14 million US$): 910191 - Pocket-watches & other watches (excl. wrist-watches), incl. stop-watches, electrically operated, with case of precious metal/metal clad with precious metal
- 0.039% (589 thousand US$): 910119 - Wrist-watches; electrically operated, with or without a stop-watch, with case of precious metal or metal clad with precious metal, without mechanical display