Assembled watch movements trade by country: top importers, exporters and prices
World trade in assembled watch movements was worth $131.0 million in 2024, about 250 tonnes. That is an increase of 254% since 2017, and down 1% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $131.0M | 250 t |
| 2023 | $132.2M | 652 t |
| 2022 | $149.6M | 224 t |
| 2021 | $116.1M | 191 t |
| 2020 | $141.7M | 169 t |
| 2019 | $164.8M | 372 t |
| 2018 | $68.1M | 117 t |
| 2017 | $37.0M | 151 t |
Top assembled watch movements exporting countries
Singapore is the largest exporter with 37% of world exports, followed by Malaysia and China. The top three supply 93% between them, out of 37 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Singapore | $48.9M | 37% |
| Malaysia | $46.2M | 35% |
| China | $27.1M | 21% |
| Japan | $2.5M | 1.9% |
| Hong Kong | $2.4M | 1.8% |
| Switzerland | $1.3M | 1% |
| Germany | $587K | 0.5% |
| Lithuania | $518K | 0.4% |
| Greece | $494K | 0.4% |
| Thailand | $280K | 0.2% |
| Vietnam | $199K | 0.2% |
| Dem. People's Rep. of Korea | $194K | 0.2% |
Top importing countries and buyer markets
Japan is the biggest buyer with 56% of world imports, ahead of Singapore and Malaysia. Demand is concentrated: the top three take 89% across 86 importing countries.
| Importer | Value | Share |
|---|---|---|
| Japan | $73.0M | 56% |
| Singapore | $24.9M | 19% |
| Malaysia | $18.3M | 14% |
| Hong Kong | $3.3M | 2.5% |
| Switzerland | $2.9M | 2.2% |
| Thailand | $2.7M | 2.1% |
| China | $1.9M | 1.5% |
| Dem. People's Rep. of Korea | $818K | 0.6% |
| Lithuania | $537K | 0.4% |
| Saudi Arabia | $516K | 0.4% |
| United Kingdom | $246K | 0.2% |
| Pakistan | $237K | 0.2% |
Average price per kg
The world average declared value was about $523.72 per kg in 2024. Among the main exporters, Malaysia averaged $2,099.74 per kg and Lithuania $129.21 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Related product types
Who is behind these numbers in this market?
The shipment records behind Assembled watch movements (HS 9110.12) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 9110.12: Watches: incomplete movements, assembled. HS 9110 codes.
Common questions
Which countries export the most assembled watch movements?
Singapore exported $48.9 million in 2024, 37% of the world total, followed by Malaysia (35%) and China (21%). In all, 37 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most assembled watch movements?
Japan imported $73.0 million in 2024, 56% of world imports, ahead of Singapore (19%) and Malaysia (14%). The top three importers together take 89%. Each country with its own page is linked from the table.
How big is the world trade in assembled watch movements?
It was worth $131.0 million in 2024, about 250 tonnes. That is an increase of 254% since 2017. The peak year was 2019 at $164.8 million. 37 countries reported exports and 86 reported imports.
What is the average price of assembled watch movements per kg?
The world average declared value was about $523.72 per kg in 2024. Among the main exporters, Malaysia averaged $2,099.74 per kg and Lithuania $129.21 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for assembled watch movements?
The HS code for assembled watch movements is subheading 9110.12, in chapter 91 (clocks and watches and parts thereof). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 9110 page.
How can I find assembled watch movements buyers and suppliers?
EximDataX shows the importers and exporters of assembled watch movements by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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