🇸🇦 Saudi Arabia imports of luxury watches: 2024 trade data
Saudi Arabia imported $188.8 million of luxury watches in 2024 (10 tonnes). Its share of world imports was 1%. Value fell 19% from 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 | $188.8M | 10 t |
| 2023 | $232.9M | 96 t |
| 2022 | $214.0M | 188 t |
| 2021 | $225.0M | 34 t |
| 2020 | $117.5M | 19 t |
| 2019 | $144.2M | 120 t |
| 2018 | $151.6M | 19 t |
| 2017 | $129.0M | 6 t |
Where Saudi Arabia imports luxury watches from
Switzerland alone supplied 93% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $175.8M | 93% |
| 🇬🇧 United Kingdom | $2.5M | 1.3% |
| 🇫🇷 France | $2.3M | 1.2% |
| 🇺🇸 United States | $1.9M | 1% |
| 🇮🇹 Italy | $1.0M | 0.5% |
| 🇮🇪 Ireland | $986K | 0.5% |
| 🇦🇪 United Arab Emirates | $841K | 0.5% |
| 🇩🇪 Germany | $556K | 0.3% |
| 🇯🇵 Japan | $515K | 0.3% |
| 🇹🇷 Turkey | $495K | 0.3% |
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… | 58% |
| 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… | 19% |
| 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… | 1.1% |
| 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 of luxury watches
The average declared value was about $18,513.53 per kg, 1076% 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.
Saudi Arabia also exports luxury watches
Exports of luxury watches by Saudi Arabia reached $97.3 million in 2024 (4 tonnes). Its share of world exports was 1%. The largest buyer markets were Bahrain (35%), Switzerland (20%), Hong Kong (20%).
| Destination | Value | Share |
|---|---|---|
| 🇧🇭 Bahrain | $34.3M | 35% |
| 🇨🇭 Switzerland | $19.3M | 20% |
| 🇭🇰 Hong Kong | $19.1M | 20% |
| 🇦🇪 United Arab Emirates | $17.2M | 18% |
| 🇺🇸 United States | $2.8M | 2.9% |
| 🇸🇬 Singapore | $2.2M | 2.2% |
| 🇮🇹 Italy | $871K | 0.9% |
| 🇶🇦 Qatar | $675K | 0.7% |
| 🇮🇪 Ireland | $491K | 0.5% |
| 🇰🇼 Kuwait | $287K | 0.3% |
Who is behind these numbers in Saudi Arabia?
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 Saudi Arabia: questions
What is the value of luxury watches imported by Saudi Arabia?
Saudi Arabia imported luxury watches worth $188.8 million in 2024 (10 tonnes).
Where does Saudi Arabia import luxury watches from?
The main supplier countries in 2024 were Switzerland (93%), United Kingdom (1%), France (1%).
What is the average import price of luxury watches in Saudi Arabia?
The average declared import value was about $18,513.53 per kg in 2024, against a world average of $1,573.97 per kg.
Does Saudi Arabia export luxury watches?
Yes. Saudi Arabia exported luxury watches worth $97.3 million in 2024, mainly to Bahrain, Switzerland, 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 Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia 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 Saudi Arabia
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