🇺🇸 United States imports of luxury watches: 2024 trade data
The United States imported $2.09 billion of luxury watches in 2024 (112 tonnes). It ranks 2nd of 204 countries for imports of this product. Value rose 10% on 2023. Over 2017-2024 the trade grew strongly, by about 12% 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 | $2.09B | 112 t |
| 2023 | $1.90B | 129 t |
| 2022 | $1.73B | 139 t |
| 2021 | $1.60B | 212 t |
| 2020 | $910.4M | 101 t |
| 2019 | $1.19B | 105 t |
| 2018 | $991.1M | 262 t |
| 2017 | $938.1M | 363 t |
Where the United States imports luxury watches from
One supplier dominates: Switzerland accounted for 91% of the value.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇭 Switzerland | $1.90B | 91% |
| 🇬🇧 United Kingdom | $38.4M | 1.8% |
| 🇩🇪 Germany | $21.3M | 1% |
| 🇮🇹 Italy | $21.3M | 1% |
| 🇵🇹 Portugal | $19.5M | 0.9% |
| 🇫🇷 France | $17.9M | 0.9% |
| 🇮🇱 Israel | $11.6M | 0.6% |
| 🇨🇦 Canada | $7.3M | 0.4% |
| 🇪🇸 Spain | $6.7M | 0.3% |
| 🇳🇿 New Zealand | $5.2M | 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… | 75% |
| 9101.29 | Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of… | 13% |
| 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… | 11% |
| 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… | 0.7% |
| 9101.99 | Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious… | 0.6% |
| 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 $18,640.95 per kg, 1084% 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 States also exports luxury watches
The United States exported $480.2 million of luxury watches in 2024 (130 tonnes). It ranks 5th of 165 countries for exports of this product. The largest buyer markets were Hong Kong (32%), Switzerland (30%), United Arab Emirates (11%). Among the main buyer markets, United Arab Emirates grew fastest (+157% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇭🇰 Hong Kong | $155.2M | 32% |
| 🇨🇭 Switzerland | $144.2M | 30% |
| 🇦🇪 United Arab Emirates | $53.1M | 11% |
| 🇨🇦 Canada | $20.7M | 4.3% |
| 🇸🇽 Saint Maarten | $10.7M | 2.2% |
| 🇲🇽 Mexico | $8.0M | 1.7% |
| 🇰🇾 Cayman Isds | $7.6M | 1.6% |
| 🇩🇪 Germany | $6.7M | 1.4% |
| 🇫🇷 France | $6.6M | 1.4% |
| 🇬🇧 United Kingdom | $6.6M | 1.4% |
Who is behind these numbers in the United States?
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 States: questions
What is the value of luxury watches imported by the United States?
The United States imported luxury watches worth $2.09 billion in 2024 (112 tonnes).
Where does the United States import luxury watches from?
The main supplier countries in 2024 were Switzerland (91%), United Kingdom (2%), Germany (1%).
What is the average import price of luxury watches in the United States?
The average declared import value was about $18,640.95 per kg in 2024, against a world average of $1,573.97 per kg.
Does the United States export luxury watches?
Yes. The United States exported luxury watches worth $480.2 million in 2024, mainly to Hong Kong, Switzerland, United Arab Emirates.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Luxury watches trade in other countries
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