HS2 sector intelligence

Clocks and watches
sector trade overview

A clear view of the clocks and watches economy: scale, momentum, market concentration, leading routes, and the products within it.

HS2 911995–2024 coverageGrowing
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$56.2BGlobal sector value
02

Annual change

+0.5%Latest year on year
03

Exporters

195Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

48Classifications in sector

The sector read

$56.2B in trade, with +3.2% annualized growth over three years.

Clocks and watches is recorded across 9,427 active corridors, with 195 exporters and 200 importers in the latest available year.

Market signalGrowing+3.5% five-year CAGR

Annual trend

Momentum across three decades

Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗

Annual sector tradeReported global trade from 1995 to 2024.1995: $21.6B1996: $21.1B1997: $20.5B1998: $19.3B1999: $18.9B2000: $19.0B2001: $18.2B2002: $19.0B2003: $20.7B2004: $23.4B2005: $24.3B2006: $26.0B2007: $30.1B2008: $34.0B2009: $27.6B2010: $34.4B2011: $44.5B2012: $48.2B2013: $49.7B2014: $51.7B2015: $50.4B2016: $45.4B2017: $45.1B2018: $47.4B2019: $47.4B2020: $38.4B2021: $51.1B2022: $52.9B2023: $55.7B2024: $56.2B
Reported global trade by year.

Top trade corridors

Where this sector moves

The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1Switzerland, LiechtensteinCHEUSA, Puerto Rico and US Virgin IslandsUSA$5.8B+11.5%476,339 kmNo
2Switzerland, LiechtensteinCHEChinaCHN$2.6B-12%479,034 kmYes
3Switzerland, LiechtensteinCHEJapanJPN$2.5B+11.1%479,605 kmYes
4Switzerland, LiechtensteinCHEFranceFRA$2.2B+15.6%47487 kmYes
5Switzerland, LiechtensteinCHESingaporeSGP$2.0B+9.2%4710,308 kmYes
6Switzerland, LiechtensteinCHEUnited KingdomGBR$1.9B+9.3%48777 kmYes
7Switzerland, LiechtensteinCHEUnited Arab EmiratesARE$1.7B+11.3%484,768 kmNo
8Switzerland, LiechtensteinCHEGermanyDEU$1.7B+9.5%48674 kmYes
9Switzerland, LiechtensteinCHEItalyITA$1.1B+7.7%47684 kmYes
10JapanJPNChina, Hong Kong Special Administrative RegionHKG$1.0B+10.4%422,882 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1Switzerland, LiechtensteinCHE$31.7B17048
2ChinaCHN$6.0B19948
3FranceFRA$2.4B17148
4China, Hong Kong Special Administrative RegionHKG$2.1B17148
5JapanJPN$2.0B14948
6GermanyDEU$1.7B16948
7SingaporeSGP$1.6B13148
8USA, Puerto Rico and US Virgin IslandsUSA$1.2B17348
9ItalyITA$905.1M15648
10United KingdomGBR$812.4M16448
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$7.5B12648
2China, Hong Kong Special Administrative RegionHKG$4.8B9948
3Switzerland, LiechtensteinCHE$3.8B13648
4ChinaCHN$3.4B10048
5JapanJPN$3.3B7148
6FranceFRA$2.9B13648
7GermanyDEU$2.7B12248
8SingaporeSGP$2.5B9548
9United KingdomGBR$2.4B10648
10United Arab EmiratesARE$2.1B11148

HS6 product coverage

The classifications inside this sector

Explore the six-digit product classifications that make up HS2 91.

58 classifications shownBrowse the product workspace ↗
01
Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or of metal clad with precious metal, with mechanical display onlyHS6 910111
02
Wrist-watches: battery or accumulator powered, with or without a stop-watch, with case of precious metal or of metal clad with precious metal, with opto-electronic display onlyHS6 910112
03
Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or metal clad with precious metal, without mechanical or opto-electronic displayHS6 910119
04
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 metalHS6 910121
05
Wrist-watches: (not electrically operated), (not automatic winding), whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metalHS6 910129
06
Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious metal, electrically operatedHS6 910191
07
Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious metal, not electrically operatedHS6 910199
08
Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display onlyHS6 910211
09
Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with opto-electronic display onlyHS6 910212
10
Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) without mechanical or opto-electronic displayHS6 910219
11
Wrist-watches: whether or not incorporating a stop-watch facility, with automatic windingHS6 910221
12
Wrist-watches: whether or not incorporating a stop-watch facility, with other than automatic windingHS6 910229
13
Pocket watches and other watches, including stop-watches: battery or accumulator poweredHS6 910291
14
Pocket watches and other watches, including stop-watches: (excluding wrist-watches), other than those of heading no. 9101, other than electrically operatedHS6 910299
15
Clocks: with watch movements, electrically operated, excluding clocks of heading no. 9104HS6 910310
16
Clocks: with watch movements, other than electrically operated, excluding clocks of heading no. 9104HS6 910390
17
Clocks: instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vesselsHS6 910400
18
Clocks: (excluding those with watch movements and instrument panel clocks), alarm clocks, electrically operatedHS6 910511
19
Clocks: (excluding those with watch movements and instrument panel clocks), alarm clocks, other than electrically operatedHS6 910519
20
Clocks: (excluding those with watch movements and instrument panel clocks), wall clocks, electrically operatedHS6 910521
21
Clocks: (excluding those with watch movements and instrument panel clocks), wall clocks, other than electrically operatedHS6 910529
22
Clocks: (excluding those with watch movements and instrument panel clocks), (other than alarm or wall clocks), electrically operatedHS6 910591
23
Clocks: (other than alarm or wall clocks), other than battery, accumulator or mains poweredHS6 910599
24
Time recording apparatus: time-registers, time recorders, with clock, watch movement or synchronous motorHS6 910610
25
Parking metersHS6 910620
26
Time recording apparatus: with clock or watch movement or with synchronous motor, n.e.s. in heading no. 9106HS6 910690
27
Time switches: with clock, watch movement or synchronous motorHS6 910700
28
Watch movements: complete and assembled, electrically operated, with mechanical display only or with a device to which a mechanical display can be incorporatedHS6 910811
29
Watch movements: complete and assembled, electrically operated, by means of solar cells, with opto-electronic displayHS6 910812
30
Watch movements: complete and assembled, electrically operated, by means of solar cells, without mechanical display or device including such or opto-electronic displayHS6 910819
31
Watch movements: complete and assembled, with automatic windingHS6 910820
32
Watch movements: complete and assembled, not automatic winding or electrically operatedHS6 910890
33
Watch movements: complete and assembled, (not automatic winding or battery or accumulator powered), measuring 33.8mm or lessHS6 910891
34
Watch movements: complete and assembled, (not automatic winding or battery or accumulator powered), measuring more than 33.8mmHS6 910899
35
Clock movements: complete and assembled, electrically operatedHS6 910910
36
Clock movements: complete and assembled, of alarm clocks, electrically operatedHS6 910911
37
Clock movements: complete and assembled, (other than of alarm clocks), electrically operatedHS6 910919
38
Clock movements: complete and assembled, other than electrically operatedHS6 910990
39
Watches: complete movements, unassembled or partly assembled (movement sets)HS6 911011
40
Watches: incomplete movements, assembledHS6 911012
41
Watches: rough movementsHS6 911019
42
Clocks: movements, whether or not complete, incomplete, assembled or unassembledHS6 911090
43
Watch cases: of precious metal or of metal clad with precious metalHS6 911110
44
Watch cases: of base metal, whether or not gold-plated or silver-platedHS6 911120
45
Watch cases: n.e.s. in heading no. 9111HS6 911180
46
Watch cases and parts thereofHS6 911190
47
Clock cases and similar cases for other goods of chapter 91: of metal, other than watch casesHS6 911210
48
Clock cases and similar cases for other goods of chapter 91: other than watch casesHS6 911220
49
Clock cases and similar cases for other goods of chapter 91: excluding those made of metal, other than watch casesHS6 911280
50
Clock cases and similar cases for other goods of chapter 91: other than watch cases, parts thereofHS6 911290
51
Watch straps, watch bands, watch bracelets, and parts thereof: of precious metal or of metal clad with precious metalHS6 911310
52
Watch straps, watch bands, watch bracelets, and parts thereof: of base metal, whether or not gold- or silver-platedHS6 911320
53
Watch straps, watch bands, watch bracelets, and parts thereof: n.e.s. in heading no. 9113HS6 911390
54
Clock or watch parts: springs, including hairspringsHS6 911410
55
Clock or watch parts: jewelsHS6 911420
56
Clock or watch parts: dialsHS6 911430
57
Clock or watch parts: plates and bridgesHS6 911440
58
Clock or watch parts: n.e.s. in heading no. 9114HS6 911490

Definitions and coverage

Read the numbers with context

Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.

03

Missing data

A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.

Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.