# China, Hong Kong Special Administrative Region HS 910121 exports | Yugalinks

Explore reported HS 910121 exports from China, Hong Kong Special Administrative Region: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | China, Hong Kong Special Administrative Region |
| HS6 | 910121 |
| Latest exports | $245.7M |
| Active destinations | 68 |
| Three-year growth | +9.2% |
| Destination HHI | 2,031 |
| Weighted share | 9.8% |

## Destination markets

- Switzerland, Liechtenstein: $88.4M; share 15.5%; growth +1.9%
- Japan: $55.9M; share 8.4%; growth +37.7%
- USA, Puerto Rico and US Virgin Islands: $21.9M; share 1.2%; growth +11.2%
- United Arab Emirates: $15.9M; share 3.2%; growth -12.1%
- Canada: $15.6M; share 16%; growth +325.4%
- Taiwan: $12.3M; share 6.5%; growth +23.7%
- Australia: $11.5M; share 9.8%; growth +62.8%

## Price intelligence

- Highest reported market price: China, Macao SAR at $3.9B / ton.
- Lowest reported market price: New Zealand at $4.3K / ton.
- Median reported price: $3.6M / ton.
- Price spread: 107,566.5%.

## Export history

- 2010: $52.5M
- 2011: $86.5M
- 2012: $135.0M
- 2013: $169.4M
- 2014: $215.8M
- 2015: $655.7M
- 2016: $266.8M
- 2017: $210.3M
- 2018: $173.6M
- 2019: $166.4M
- 2020: $157.5M
- 2021: $187.5M
- 2022: $303.1M
- 2023: $293.3M
- 2024: $244.5M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/hkg/910121",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910121",
    "exporter": "https://www.yugalinks.com/trade/exporter/hkg/910121",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "910121",
    "exporter_iso3": "HKG",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 143,
    "current_lane_count": 68,
    "active_market_count": 68,
    "exports_latest_observed_lanes_usd": 245689150.9771458,
    "exports_current_2024_usd": 244488128.90597573,
    "exports_avg_3y_usd": 280281940.961505,
    "exports_avg_5y_usd": 237178340.19133344,
    "exports_avg_10y_usd": 265869772.01327997,
    "exports_cagr_3y_pct": 9.24214782314914,
    "exports_cagr_5y_pct": 7.993411704217945,
    "exports_cagr_10y_pct": 1.2572448546857018,
    "exports_all_year_lane_avg_usd": 129526260.70031689,
    "exports_historical_lane_peak_usd": 898243841.1312757,
    "historical_peak_year": 2015,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 7.984902968463437,
    "trend_label": "Growing",
    "top_market_iso3": "CHE",
    "top_market_exports_usd": 88436160.15230215,
    "top_market_share_pct": 35.9951425614754,
    "destination_hhi": 2030.7525262639447,
    "weighted_share_latest_pct": 9.842588318904273,
    "weighted_share_change_1y_pp": -1.630150396449017,
    "weighted_volatility_cv": 1.545296528752633,
    "weighted_max_drawdown_pct": 80.91514849868395,
    "limited_history_lane_share_pct": 37.06293706293706,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:54",
    "source": "api",
    "product": {
      "hs_code": 910121,
      "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
      "hs_chapter": 91,
      "hs_heading": 9101,
      "substitution_elasticity": -12.312179,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
    "hs_chapter": 91,
    "hs_heading": 9101,
    "destinations": [
      {
        "hs_code": 910121,
        "corridor_rank": 25,
        "exporter_iso3": "HKG",
        "importer_iso3": "CHE",
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        "exports_latest_observed_usd": 88436160.15230215,
        "exports_all_year_avg_usd": 55358457.40465624,
        "exports_avg_3y_usd": 84476551.80616248,
        "exports_avg_5y_usd": 82881201.68330663,
        "exports_avg_10y_usd": 114274070.659019,
        "exports_cagr_3y_pct": 1.9022681108248118,
        "exports_cagr_5y_pct": -4.228406110461302,
        "exports_cagr_10y_pct": -3.3363439778793857,
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        "buyer_yoy_latest_pct": 14.4829,
        "buyer_yoy_all_avg_pct": 14.0422,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 15.45673628217068,
        "market_share_change_1y_pp": -0.03304876827872505,
        "peer_best_share_pct": 15.456736282170672,
        "peer_top_exporter": "HKG",
        "supplier_count_latest": 77,
        "buyer_market_hhi": 856.87,
        "distance_km": 9409.005859375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.012129474355753535,
        "tariff_advantage_pp": -0.0241681813569798,
        "volatility_cv": 0.9950526092459551,
        "max_drawdown_pct": 61.48700887420818,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Accelerating",
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        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "exports_avg_5y_usd": 46450841.672811076,
        "exports_avg_10y_usd": 25263190.524247684,
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        "buyer_market_hhi": 7650.38,
        "distance_km": 2891.224609375,
        "has_reported_fta": 0,
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        "tariff_advantage_pp": 0.025107009371248493,
        "volatility_cv": 2.010077477843273,
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        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
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        "distance_km": 12969.5830078125,
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        "exports_avg_5y_usd": 7981676.599407519,
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        "supplier_count_latest": 34,
        "buyer_market_hhi": 6138.93,
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        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "HKG",
      "hs_code": 910121,
      "num_markets": 83,
      "highest_price_importer_iso3": "MAC",
      "highest_price_usd_per_ton": 3901798000,
      "lowest_price_importer_iso3": "NZL",
      "lowest_price_usd_per_ton": 4276.785714285714,
      "median_price_across_markets": 3627333.3333333335,
      "price_spread_pct": 107566.45074106651,
      "avg_quantity_metric_tons": 0.4732560975609756,
      "total_trade_value_usd": 1807814768
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 52455482.40458707,
        "active_destinations": 54,
        "yoy_growth_pct": 40.29398499450633
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      {
        "year": 2011,
        "export_value_usd": 86480798.6561568,
        "active_destinations": 56,
        "yoy_growth_pct": 64.865128851802
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      {
        "year": 2012,
        "export_value_usd": 135044400.02001774,
        "active_destinations": 54,
        "yoy_growth_pct": 56.15535716425022
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      {
        "year": 2013,
        "export_value_usd": 169426816.93908402,
        "active_destinations": 54,
        "yoy_growth_pct": 25.460083434759046
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      {
        "year": 2014,
        "export_value_usd": 215772808.0625952,
        "active_destinations": 55,
        "yoy_growth_pct": 27.35457819535999
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      {
        "year": 2015,
        "export_value_usd": 655722378.2630683,
        "active_destinations": 61,
        "yoy_growth_pct": 203.89481610344745
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      {
        "year": 2016,
        "export_value_usd": 266770033.9950958,
        "active_destinations": 68,
        "yoy_growth_pct": -59.316618917027306
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      "active_destinations": 65,
      "yoy_growth_pct": -5.369001194100353
    },
    {
      "year": 2021,
      "export_value_usd": 187537052.53502434,
      "active_destinations": 68,
      "yoy_growth_pct": 19.064472670338205
    },
    {
      "year": 2022,
      "export_value_usd": 303088919.44136137,
      "active_destinations": 67,
      "yoy_growth_pct": 61.61548629690476
    },
    {
      "year": 2023,
      "export_value_usd": 293268774.5371781,
      "active_destinations": 67,
      "yoy_growth_pct": -3.240021087634374
    },
    {
      "year": 2024,
      "export_value_usd": 244488128.90597573,
      "active_destinations": 68,
      "yoy_growth_pct": -16.63342635375536
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "HKG",
    "exports_usd": 153218814639.72852,
    "imports_usd": 417846014907.37115,
    "trade_balance_usd": -264627200267.64264,
    "yoy_exports_growth_pct": 3.6280923159413225,
    "yoy_imports_growth_pct": 1.6071108846417381,
    "exports_cagr_3y_pct": -4.922787551326746,
    "imports_cagr_3y_pct": -0.3400696910802692,
    "export_partner_hhi": 1199.9124608112613,
    "export_product_hhi": 615.5538713564995,
    "momentum_score": 1.0628283557609022,
    "risk_score": 9.077331660838803,
    "gdp_million_usd": 406863.39648734155,
    "gdp_per_capita_usd": 54074.69285194795,
    "population": 7524100,
    "labor_force": 3823.13,
    "investment_rate_pct": 22.99,
    "savings_rate_pct": 22.16,
    "secondary_education_pct": 92.54,
    "tertiary_education_pct": 27.89,
    "total_factor_productivity": 2099.77,
    "trade_openness_pct": 175.07416110356294,
    "exports_gdp_pct": 46.97304763034854,
    "num_active_partners": 270,
    "num_fta_partners": 22,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 1,
    "num_shared_language_partners": 82,
    "avg_partner_distance_km": 9551.9670781893,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 8.148148148148149,
    "pct_partners_shared_language": 30.37037037037037,
    "pct_partners_shared_border": 0.3703703703703704,
    "avg_applied_tariff_pct": 0.13462173834356606,
    "avg_mfn_tariff_pct": 0.13832556573909252,
    "avg_preferential_tariff_pct": 0.04451096216649276,
    "tariff_advantage_pp": 0.09381460357259977,
    "avg_distance_all_partners_km": 9699.666409594265,
    "num_border_partners": 25,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -10.614901355291828,
    "pct_products_high_elasticity": 75.43562439496611,
    "pct_products_low_elasticity": 2.7105517909002903,
    "real_market_potential": 728468.0125759835,
    "foreign_market_potential": 13626.736907663428
  }
}
```
