🇦🇪 United Arab Emirates imports of luxury watches: 2024 trade data
Imports of luxury watches by the United Arab Emirates reached $918.0 million in 2024 (94 tonnes). It ranks 6th of 204 countries for imports of this product. Value fell 7% from 2023. Over 2017-2024 the trade grew strongly, by about 10% a year on average.
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 | $918.0M | 94 t |
| 2023 | $987.2M | 501 t |
| 2022 | $789.9M | 225 t |
| 2021 | $673.5M | 1.0K t |
| 2020 | $498.1M | 100 t |
| 2019 | $481.8M | 461 t |
| 2018 | $433.1M | 281 t |
| 2017 | $468.8M | 38 t |
Where the United Arab Emirates imports luxury watches from
One supplier dominates: Switzerland accounted for 68% of the value. Among the main suppliers, United States grew fastest (+157% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $628.1M | 68% |
| 🇭🇰 Hong Kong | $73.6M | 8% |
| 🇺🇸 United States | $53.1M | 5.8% |
| 🇮🇹 Italy | $31.8M | 3.5% |
| 🇩🇪 Germany | $31.3M | 3.4% |
| 🇬🇧 United Kingdom | $28.1M | 3.1% |
| 🇫🇷 France | $23.7M | 2.6% |
| 🇸🇦 Saudi Arabia | $17.2M | 1.9% |
| 🇳🇱 Netherlands | $5.3M | 0.6% |
| 🇮🇪 Ireland | $5.3M | 0.6% |
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… | 19% |
| 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… | 2.2% |
| 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… | 1.2% |
| 9101.91 | Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious… | 0.2% |
Codes and full descriptions: HS heading 9101.
Average import price of luxury watches
The average declared value was about $9,807.55 per kg, 523% 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.
The United Arab Emirates also exports luxury watches
Exports of luxury watches by the United Arab Emirates reached $228.2 million in 2024 (51 tonnes). It ranks 10th of 165 countries for exports of this product. One buyer market dominates: Hong Kong accounted for 63% of the value. Among the main buyer markets, Hong Kong grew fastest (+34% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇭🇰 Hong Kong | $144.6M | 63% |
| 🇨🇭 Switzerland | $79.0M | 35% |
| 🇬🇧 United Kingdom | $1.2M | 0.5% |
| 🇸🇦 Saudi Arabia | $841K | 0.4% |
| 🇺🇸 United States | $772K | 0.3% |
| 🇮🇹 Italy | $425K | 0.2% |
| 🇮🇳 India | $202K | 0.1% |
| 🇸🇬 Singapore | $161K | 0.1% |
| 🇨🇾 Cyprus | $121K | 0.1% |
| 🇧🇳 Brunei | $110K | 0.1% |
Who is behind these numbers in the United Arab Emirates?
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 the United Arab Emirates: questions
What is the value of luxury watches imported by the United Arab Emirates?
The United Arab Emirates imported luxury watches worth $918.0 million in 2024 (94 tonnes).
Where does the United Arab Emirates import luxury watches from?
The main supplier countries in 2024 were Switzerland (68%), Hong Kong (8%), United States (6%).
What is the average import price of luxury watches in the United Arab Emirates?
The average declared import value was about $9,807.55 per kg in 2024, against a world average of $1,573.97 per kg.
Does the United Arab Emirates export luxury watches?
Yes. The United Arab Emirates exported luxury watches worth $228.2 million in 2024, mainly to Hong Kong, Switzerland, United Kingdom.
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 the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates 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 the United Arab Emirates
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