🇬🇧 United Kingdom imports of luxury watches: 2024 trade data
Imports of luxury watches by the United Kingdom reached $790.4 million in 2024 (112 tonnes). That makes it the 9th largest importer of this product worldwide, out of 204 countries. That is 7% 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 | $790.4M | 113 t |
| 2023 | $738.5M | 140 t |
| 2022 | $677.4M | 130 t |
| 2021 | $593.2M | 107 t |
| 2020 | $637.5M | 140 t |
| 2019 | $798.0M | 181 t |
| 2018 | $776.0M | 224 t |
| 2017 | $778.7M | 234 t |
Where the United Kingdom imports luxury watches from
Switzerland alone supplied 93% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $733.2M | 93% |
| 🇫🇷 France | $8.3M | 1.1% |
| 🇩🇪 Germany | $7.8M | 1% |
| 🇺🇸 United States | $6.6M | 0.8% |
| 🇮🇹 Italy | $5.7M | 0.7% |
| 🇸🇬 Singapore | $5.2M | 0.7% |
| 🇬🇷 Greece | $3.5M | 0.4% |
| 🇭🇰 Hong Kong | $3.3M | 0.4% |
| 🇨🇳 China | $3.2M | 0.4% |
| 🇳🇱 Netherlands | $2.1M | 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… | 74% |
| 9101.29 | Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of… | 15% |
| 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… | 9.8% |
| 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% |
| 9101.19 | Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or metal clad with precious metal, without mechanical… | 0.4% |
| 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 $7,025.36 per kg, 346% 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 Kingdom also exports luxury watches
Exports of luxury watches by the United Kingdom reached $476.0 million in 2024 (43 tonnes). That makes it the 6th largest exporter of this product worldwide, out of 165 countries. Most of it went to Hong Kong (42%), Switzerland (24%), United States (8%). Among the main buyer markets, Macao grew fastest (+317% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇭🇰 Hong Kong | $197.8M | 42% |
| 🇨🇭 Switzerland | $115.2M | 24% |
| 🇺🇸 United States | $38.4M | 8.1% |
| 🇮🇪 Ireland | $29.4M | 6.2% |
| 🇦🇪 United Arab Emirates | $28.1M | 5.9% |
| 🇲🇴 Macao | $11.1M | 2.3% |
| 🇪🇸 Spain | $8.4M | 1.8% |
| 🇫🇷 France | $8.3M | 1.7% |
| 🇶🇦 Qatar | $6.7M | 1.4% |
| 🇸🇬 Singapore | $4.7M | 1% |
Who is behind these numbers in the United Kingdom?
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.
Direct customs feed: shipment-level records from the official customs source.
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 Kingdom: questions
What is the value of luxury watches imported by the United Kingdom?
The United Kingdom imported luxury watches worth $790.4 million in 2024 (112 tonnes).
Where does the United Kingdom import luxury watches from?
The main supplier countries in 2024 were Switzerland (93%), France (1%), Germany (1%).
What is the average import price of luxury watches in the United Kingdom?
The average declared import value was about $7,025.36 per kg in 2024, against a world average of $1,573.97 per kg.
Does the United Kingdom export luxury watches?
Yes. The United Kingdom exported luxury watches worth $476.0 million in 2024, mainly to Hong Kong, Switzerland, United States.
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 Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Luxury watches trade in other countries
More trade data for the United Kingdom
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