Luxury watches imports in Israel: data, top suppliers and prices
Imports of luxury watches by Israel reached $24.0 million in 2024 (12 tonnes). The value was almost unchanged from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $36.0 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $24.0M | 12 t |
| 2023 | $23.9M | 6 t |
| 2022 | $24.0M | 8 t |
| 2021 | $36.0M | 17 t |
| 2020 | $17.0M | 11 t |
| 2019 | $18.9M | 9 t |
| 2018 | $23.5M | 4 t |
| 2017 | $30.7M | 24 t |
Where Israel imports luxury watches from
Switzerland alone supplied 72% of it.
| Supplier country | Value | Share |
|---|---|---|
| Switzerland | $17.3M | 72% |
| Italy | $4.2M | 18% |
| United States | $786K | 3.3% |
| Belgium | $391K | 1.6% |
| Netherlands | $265K | 1.1% |
| France | $227K | 0.9% |
| Hong Kong | $213K | 0.9% |
| Singapore | $74K | 0.3% |
| Thailand | $71K | 0.3% |
| China | $68K | 0.3% |
Product types under HS 9101
| 9101.21 | Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal… | 60% |
| 9101.11 | Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or of metal clad with precious metal, with mechanical… | 20% |
| 9101.29 | Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of… | 12% |
| 9101.19 | Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or metal clad with precious metal, without mechanical… | 8% |
| 9101.99 | Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious… | 0.7% |
| 9101.91 | Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious… | 0.1% |
Codes and full descriptions: HS heading 9101.
Average import price per kg
The average declared value was about $2,053.00 per kg, 30% above the world average of $1,573.97. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Luxury watches exports from Israel
In 2024, Israel exported luxury watches worth $17.5 million (5 tonnes). One buyer market dominates: United States accounted for 66% of the value. Among the main buyer markets, Singapore grew fastest (+211% on the year before).
| Destination | Value | Share |
|---|---|---|
| United States | $11.6M | 66% |
| Switzerland | $2.6M | 15% |
| Hong Kong | $2.2M | 13% |
| Singapore | $621K | 3.6% |
| Colombia | $133K | 0.8% |
| Canada | $82K | 0.5% |
| United Kingdom | $63K | 0.4% |
| Germany | $38K | 0.2% |
| France | $36K | 0.2% |
| Italy | $31K | 0.2% |
Who is behind these numbers in Israel?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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 9101: Wrist-watches, pocket-watches, stop-watches and other watches; with case of precious metal or of metal clad with precious metal.
Common questions
What is the value of luxury watches imported by Israel?
Israel imported luxury watches worth $24.0 million in 2024, the latest year with complete public data, about 12 tonnes. That ranks it 46th of 204 countries worldwide, with 0% of world imports. The value was up 0% on 2023.
Which countries supply luxury watches to Israel?
Switzerland was the largest supplier with 72% of the value ($17.3 million), followed by Italy (18%) and the United States (3%). The top three together account for 93%, out of 32 supplier countries in total. France grew fastest among the top ten, up 427% on the year.
What is the average import price of luxury watches per kg?
The average declared import value was about $2,053.00 per kg in 2024, 30% above the world average of $1,573.97 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have imports of luxury watches to Israel changed since 2017?
Imports went from $30.7 million in 2017 to $24.0 million in 2024, a fall of 22%. The peak was 2021 at $36.0 million. Monthly and weekly movements since then are in EximDataX.
Does Israel also export luxury watches?
Yes. Israel exported $17.5 million worth of this product in 2024, mainly to the United States, Switzerland and Hong Kong. On balance Israel is a net importer of this product, by about $6.5 million a year.
What is the HS code for luxury watches?
The HS code for luxury watches is heading 9101. In Israel the largest six-digit codes were 9101.21 (60% of the value) and 9101.11 (19%). It sits in HS chapter 91 (clocks and watches and parts thereof). The full list of codes and descriptions is on the HS 9101 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX rebuilds Israel trade from the customs records of its trading partners, updated weekly, so you can see the companies that ship to and from it. Tell us your product and we will show you the latest records on a live call.
Same product, other countries
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