🇰🇼 Kuwait imports of luxury watches: 2024 trade data
Kuwait imported $90.6 million of luxury watches in 2024 (18 tonnes). Its share of world imports was 1%. That is 16% more than in 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of luxury watches by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $90.6M | 18 t |
| 2023 | $78.0M | 10 t |
| 2022 | $81.2M | 12 t |
| 2021 | $87.2M | 9 t |
| 2020 | $43.8M | 5 t |
| 2019 | $97.5M | 9 t |
| 2018 | $59.0M | 59 t |
| 2017 | $92.4M | 15 t |
Where Kuwait imports luxury watches from
Switzerland alone supplied 90% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $81.4M | 90% |
| 🇬🇧 United Kingdom | $1.7M | 1.8% |
| 🇫🇷 France | $1.7M | 1.8% |
| 🇯🇵 Japan | $878K | 1% |
| 🇺🇸 United States | $871K | 1% |
| 🇮🇹 Italy | $749K | 0.8% |
| 🇮🇪 Ireland | $567K | 0.6% |
| 🇧🇭 Bahrain | $535K | 0.6% |
| 🇨🇳 China | $523K | 0.6% |
| 🇩🇪 Germany | $351K | 0.4% |
Types of luxury watches 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… | 59% |
| 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… | 22% |
| 9101.29 | Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of… | 18% |
| 9101.99 | Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious… | 1.9% |
| 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… | 0.1% |
| 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 of luxury watches
The average declared value was about $5,117.59 per kg, 225% 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.
Kuwait also exports luxury watches
In 2024, Kuwait exported luxury watches worth $11.8 million (3 tonnes). One buyer market dominates: Switzerland accounted for 71% of the value. Among the main buyer markets, Switzerland grew fastest (+377% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $8.4M | 71% |
| 🇦🇪 United Arab Emirates | $2.2M | 19% |
| 🇭🇰 Hong Kong | $294K | 2.5% |
| 🇮🇪 Ireland | $230K | 2% |
| 🇧🇭 Bahrain | $200K | 1.7% |
| 🇫🇷 France | $170K | 1.5% |
| 🇮🇶 Iraq | $162K | 1.4% |
| 🇳🇱 Netherlands | $35K | 0.3% |
| 🇨🇦 Canada | $19K | 0.2% |
| 🇶🇦 Qatar | $17K | 0.1% |
Who is behind these numbers in Kuwait?
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.
Luxury watches trade in Kuwait: questions
What is the value of luxury watches imported by Kuwait?
Kuwait imported luxury watches worth $90.6 million in 2024 (18 tonnes).
Where does Kuwait import luxury watches from?
The main supplier countries in 2024 were Switzerland (90%), United Kingdom (2%), France (2%).
What is the average import price of luxury watches in Kuwait?
The average declared import value was about $5,117.59 per kg in 2024, against a world average of $1,573.97 per kg.
Does Kuwait export luxury watches?
Yes. Kuwait exported luxury watches worth $11.8 million in 2024, mainly to Switzerland, United Arab Emirates, Hong Kong.
What is the HS code for luxury watches?
Luxury watches falls under HS heading 9101 (Wrist-watches, pocket-watches, stop-watches and other watches; with case of precious metal or of metal clad with preciou). The six-digit codes under it split the product by type.
How can I find the companies trading luxury watches with Kuwait?
These public statistics stop at country level. EximDataX builds Kuwait trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Luxury watches trade in other countries
More trade data for Kuwait
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