# Watch movements (HS4 9108) Trade Overview | Yugalinks

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Watch movements at HS4 9108, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/9108

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## Answer

The watch movements subsector recorded $724.4M in reported global trade in 2024, with -13.4% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $724.4M |
| Latest annual change | -13.4% |
| Active exporters | 114 |
| Active importers | 184 |
| Active HS6 products | 5 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $2.0B | 923 | 5 |
| 1996 | $1.8B | 1,028 | 5 |
| 1997 | $1.5B | 1,005 | 5 |
| 1998 | $1.3B | 994 | 5 |
| 1999 | $1.2B | 1,048 | 5 |
| 2000 | $1.2B | 1,272 | 5 |
| 2001 | $1.1B | 1,212 | 5 |
| 2002 | $1.1B | 1,327 | 5 |
| 2003 | $1.2B | 1,244 | 5 |
| 2004 | $1.3B | 1,327 | 5 |
| 2005 | $1.2B | 1,333 | 5 |
| 2006 | $1.1B | 1,383 | 5 |
| 2007 | $1.2B | 1,351 | 5 |
| 2008 | $1.2B | 1,379 | 5 |
| 2009 | $897.4M | 1,368 | 5 |
| 2010 | $1.2B | 1,400 | 5 |
| 2011 | $1.5B | 1,460 | 5 |
| 2012 | $2.4B | 1,532 | 5 |
| 2013 | $2.4B | 1,568 | 5 |
| 2014 | $1.6B | 1,608 | 5 |
| 2015 | $1.3B | 1,705 | 5 |
| 2016 | $1.2B | 1,648 | 5 |
| 2017 | $1.1B | 1,701 | 5 |
| 2018 | $1.2B | 1,677 | 5 |
| 2019 | $1.1B | 1,739 | 5 |
| 2020 | $708.0M | 1,689 | 5 |
| 2021 | $948.3M | 1,843 | 5 |
| 2022 | $857.8M | 1,935 | 5 |
| 2023 | $731.9M | 2,010 | 5 |
| 2024 | $724.4M | 1,942 | 5 |

## Leading corridors

- Japan to China: $134.4M; growth -6.8%.
- Japan to China, Hong Kong Special Administrative Region: $75.2M; growth -11.5%.
- China to China, Hong Kong Special Administrative Region: $32.3M; growth -31.1%.
- Switzerland, Liechtenstein to Germany: $26.0M; growth +0.9%.
- Switzerland, Liechtenstein to China, Hong Kong Special Administrative Region: $25.1M; growth -19.5%.
- Switzerland, Liechtenstein to USA, Puerto Rico and US Virgin Islands: $24.5M; growth +2.5%.
- Malaysia to Singapore: $23.8M; growth +91.9%.
- Switzerland, Liechtenstein to France: $23.5M; growth +6.7%.
- China, Hong Kong Special Administrative Region to Japan: $16.2M; growth -5.4%.
- Democratic People\'s Republic of Korea to China: $16.0M; growth +65.4%.

## HS6 products

- Watch movements: complete and assembled, electrically operated, with mechanical display only or with a device to which a mechanical display can be incorporated (HS6 910811)
- Watch movements: complete and assembled, electrically operated, by means of solar cells, with opto-electronic display (HS6 910812)
- Watch movements: complete and assembled, electrically operated, by means of solar cells, without mechanical display or device including such or opto-electronic display (HS6 910819)
- Watch movements: complete and assembled, with automatic winding (HS6 910820)
- Watch movements: complete and assembled, not automatic winding or electrically operated (HS6 910890)
- Watch movements: complete and assembled, (not automatic winding or battery or accumulator powered), measuring 33.8mm or less (HS6 910891)
- Watch movements: complete and assembled, (not automatic winding or battery or accumulator powered), measuring more than 33.8mm (HS6 910899)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.