Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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USA | Imports and Exports | World | Clocks and watches and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 91 "Clocks and watches and parts thereof" from USA totalled $ 1.79 billion in 2023. Sales of commodity group 91 from USA went up by 8.11% compared to 2022: exports of commodity group 91 "Clocks and watches and parts thereof" went up by $ 134 million (cumulative exports of commodity group 91 from USA amounted $1.65 billion in 2022)

Exports of commodity group 91 "Clocks and watches and parts thereof" amounted to 0.088% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 91 in total exports from USA increased by 0.008 p.p. compared to 2022 (it was 0.08% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).

Where does USA export Clocks and watches and parts thereof?

Top export destinations of "Clocks and watches and parts thereof" from USA in 2023:

  • Hong Kong with a share of 26% (468 million US$)
  • Switzerland with a share of 20% (365 million US$)
  • Canada with a share of 10.5% (188 million US$)
  • United Arab Emirates with a share of 5.62% (100 million US$)
  • Mexico with a share of 5.2% (93 million US$)
  • Japan with a share of 3.33% (59 million US$)
  • Paraguay with a share of 2.82% (50 million US$)
  • United Kingdom with a share of 2.63% (47 million US$)
  • Singapore with a share of 2.21% (39 million US$)
  • Germany with a share of 1.51% (27 million US$)

Exports structure of 91 - Clocks and watches and parts thereof - from USA in 2023 represented by the following main commodity groups:

  • 54% (967 million US$): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
  • 38% (682 million US$): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
  • 1.51% (27 million US$): 9106 - Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous motor (for example, time-registers, time-recorders)
  • 1.24% (22 million US$): 9108 - Watch movements, complete and assembled
  • 1.22% (21 million US$): 9113 - Watch straps, watch bands and watch bracelets, and parts thereof.
  • 1.15% (20 million US$): 9107 - Time switches with clock or watch movement or with synchronous motor
  • 1.06% (19 million US$): 9105 - Other clocks
  • 0.586% (10.5 million US$): 9114 - Other clock or watch parts
  • 0.362% (6.49 million US$): 9111 - Watch cases and parts thereof
  • 0.339% (6.07 million US$): 9104 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels

The value of imports of commodity group 91 "Clocks and watches and parts thereof" to USA totalled $ 7.09 billion in 2023. Sales of commodity group 91 to USA went up by 3.69% compared to 2022: imports of commodity group 91 "Clocks and watches and parts thereof" went up by $ 252 million (the value of imports of commodity group 91 to USA was equal to $6.84 billion in 2022)

Imports of commodity group 91 "Clocks and watches and parts thereof" accounted for 0.224% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 91 in total imports to USA increased by 0.021 p.p. compared to 2022 (it was 0.202% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).

Where does USA import Clocks and watches and parts thereof from?

Top trading partners (import of "Clocks and watches and parts thereof") of USA in 2023:

  • Switzerland with a share of 81% (5.78 billion US$)
  • Japan with a share of 7.11% (504 million US$)
  • China with a share of 6.16% (438 million US$)
  • Germany with a share of 1.03% (73 million US$)
  • Thailand - 54 million US$
  • France - 44 million US$
  • Mexico - 40 million US$
  • Philippines - 36 million US$
  • Italy - 15.7 million US$
  • United Kingdom - 14.7 million US$

Imports structure of 91 - Clocks and watches and parts thereof - to USA in 2023 represented by the following main commodity groups:

  • 66% (4.71 billion US$): 9102 - Wrist-watches, pocket-watches and other watches, including stop-watches, other than those of heading 91.01
  • 25% (1.83 billion US$): 9101 - Wrist-watches, pocket-watches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal
  • 2.81% (199 million US$): 9113 - Watch straps, watch bands and watch bracelets, and parts thereof.
  • 1.85% (131 million US$): 9105 - Other clocks
  • 0.902% (64 million US$): 9107 - Time switches with clock or watch movement or with synchronous motor
  • 0.745% (52 million US$): 9114 - Other clock or watch parts
  • 0.472% (33 million US$): 9106 - Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous motor (for example, time-registers, time-recorders)
  • 0.4% (28 million US$): 9108 - Watch movements, complete and assembled
  • 0.352% (25 million US$): 9111 - Watch cases and parts thereof
  • 0.076% (5.44 million US$): 9109 - Clock movements, complete and assembled

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USA | Imports and Exports | World | Clocks and watches and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023