Latest trade
$303.3MGlobal subsector valueHS4 subsector intelligence
Watches
HS4 9110 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-4.5%Latest year on yearExporters
88Active reporting countriesImporters
158Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$303.3M in trade, with -5.5% annualized growth over three years.
Watches is recorded across 1,200 active corridors, with 88 exporters and 158 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | JapanJPN | China, Hong Kong Special Administrative RegionHKG | $63.9M | -13.6% | 4 | 2,882 km | No |
| 2 | MalaysiaMYS | SingaporeSGP | $44.7M | -4.6% | 4 | 316 km | Yes |
| 3 | MalaysiaMYS | China, Hong Kong Special Administrative RegionHKG | $28.9M | +50.3% | 3 | 2,511 km | Yes |
| 4 | ChinaCHN | JapanJPN | $23.2M | -10% | 4 | 1,763 km | No |
| 5 | SingaporeSGP | China, Hong Kong Special Administrative RegionHKG | $19.8M | +1.2% | 2 | 2,578 km | Yes |
| 6 | SingaporeSGP | JapanJPN | $18.0M | +7.5% | 2 | 5,310 km | Yes |
| 7 | MalaysiaMYS | JapanJPN | $12.9M | -4.2% | 2 | 5,315 km | Yes |
| 8 | SingaporeSGP | MalaysiaMYS | $11.6M | +1.3% | 4 | 316 km | Yes |
| 9 | JapanJPN | ChinaCHN | $8.4M | -12.4% | 4 | 1,763 km | No |
| 10 | JapanJPN | ThailandTHA | $7.6M | -13.6% | 4 | 4,604 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | MalaysiaMYS | $89.2M | 24 | 4 |
| 2 | JapanJPN | $83.9M | 58 | 4 |
| 3 | SingaporeSGP | $51.7M | 34 | 4 |
| 4 | ChinaCHN | $32.4M | 131 | 4 |
| 5 | Switzerland, LiechtensteinCHE | $13.8M | 79 | 4 |
| 6 | China, Hong Kong Special Administrative RegionHKG | $12.0M | 50 | 4 |
| 7 | ThailandTHA | $5.8M | 44 | 4 |
| 8 | ItalyITA | $3.3M | 63 | 4 |
| 9 | USA, Puerto Rico and US Virgin IslandsUSA | $2.7M | 64 | 4 |
| 10 | GermanyDEU | $1.8M | 40 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | China, Hong Kong Special Administrative RegionHKG | $121.8M | 23 | 4 |
| 2 | JapanJPN | $55.6M | 16 | 4 |
| 3 | SingaporeSGP | $45.8M | 19 | 4 |
| 4 | ThailandTHA | $15.8M | 24 | 4 |
| 5 | ChinaCHN | $13.4M | 16 | 4 |
| 6 | MalaysiaMYS | $12.4M | 16 | 4 |
| 7 | IndiaIND | $7.7M | 12 | 4 |
| 8 | Switzerland, LiechtensteinCHE | $6.0M | 35 | 4 |
| 9 | FranceFRA | $3.8M | 34 | 4 |
| 10 | USA, Puerto Rico and US Virgin IslandsUSA | $3.0M | 34 | 4 |
HS6 product coverage
The products inside HS4 9110
Six-digit classifications make the subsector specific. Browse the product workspace ↗
4 classifications shownWatches
Watches: complete movements, unassembled or partly assembled (movement sets)HS6 911011
Watches: incomplete movements, assembledHS6 911012
Watches: rough movementsHS6 911019
Clocks: movements, whether or not complete, incomplete, assembled or unassembledHS6 911090
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
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.