Watch movement sets trade by country: top importers, exporters and prices
World trade in watch movement sets was worth $116.2 million in 2024, about 592 tonnes. That is a fall of 36% since 2017, and down 28% 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 | $116.2M | 592 t |
| 2023 | $160.6M | 1.5K t |
| 2022 | $157.6M | 1.9K t |
| 2021 | $178.3M | 199 t |
| 2020 | $128.3M | 184 t |
| 2019 | $168.8M | 325 t |
| 2018 | $225.7M | 468 t |
| 2017 | $181.0M | 289 t |
Top watch movement sets exporting countries
Malaysia is the largest exporter with 46% of world exports, followed by Japan and Singapore. The top three supply 74% between them, out of 63 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Malaysia | $53.6M | 46% |
| Japan | $18.1M | 16% |
| Singapore | $13.7M | 12% |
| Switzerland | $12.5M | 11% |
| United Kingdom | $4.8M | 4.1% |
| China | $3.6M | 3.1% |
| Hong Kong | $3.5M | 3% |
| Thailand | $2.6M | 2.2% |
| France | $616K | 0.5% |
| Australia | $503K | 0.4% |
| Germany | $469K | 0.4% |
| Austria | $302K | 0.3% |
Top importing countries and buyer markets
The largest importers are Hong Kong (36%), Singapore (29%) and China (7%). 107 countries imported it, and the top three take 72% of the value.
| Importer | Value | Share |
|---|---|---|
| Hong Kong | $41.5M | 36% |
| Singapore | $34.1M | 29% |
| China | $7.7M | 6.6% |
| Thailand | $7.7M | 6.6% |
| India | $5.0M | 4.3% |
| Brazil | $3.6M | 3.1% |
| Iceland | $2.3M | 2% |
| Japan | $2.3M | 2% |
| South Korea | $1.5M | 1.3% |
| United States | $1.5M | 1.3% |
| France | $1.3M | 1.1% |
| Bulgaria | $1.2M | 1.1% |
Average price per kg
The world average declared value was about $196.35 per kg in 2024. Among the main exporters, Switzerland averaged $3,289.14 per kg and China $38.76 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 Watch movement sets (HS 9110.11) 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 9110.11: Watches: complete movements, unassembled or partly assembled (movement sets). HS 9110 codes.
Common questions
Which countries export the most watch movement sets?
Malaysia exported $53.6 million in 2024, 46% of the world total, followed by Japan (16%) and Singapore (12%). In all, 63 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most watch movement sets?
Hong Kong imported $41.5 million in 2024, 36% of world imports, ahead of Singapore (29%) and China (7%). The top three importers together take 72%. Each country with its own page is linked from the table.
How big is the world trade in watch movement sets?
It was worth $116.2 million in 2024, about 592 tonnes. That is a fall of 36% since 2017. The peak year was 2018 at $225.7 million. 63 countries reported exports and 107 reported imports.
What is the average price of watch movement sets per kg?
The world average declared value was about $196.35 per kg in 2024. Among the main exporters, Switzerland averaged $3,289.14 per kg and China $38.76 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 watch movement sets?
The HS code for watch movement sets is subheading 9110.11, 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 watch movement sets buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading watch movement sets, from direct customs feeds and mirror data. Tell us your markets to see them live.
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