Latest trade
$1.0BGlobal subsector valueHS4 subsector intelligence
Watch cases
HS4 9111 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
-5.5%Latest year on yearExporters
117Active reporting countriesImporters
186Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$1.0B in trade, with +1.5% annualized growth over three years.
Watch cases is recorded across 1,986 active corridors, with 117 exporters and 186 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 | ChinaCHN | Switzerland, LiechtensteinCHE | $165.2M | -5.4% | 4 | 9,034 km | Yes |
| 2 | China, Hong Kong Special Administrative RegionHKG | Switzerland, LiechtensteinCHE | $82.0M | +19.4% | 4 | 9,325 km | Yes |
| 3 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $79.8M | +42.6% | 4 | 1,226 km | Yes |
| 4 | ChinaCHN | ChinaCHN | $55.8M | -5.1% | 4 | 1,163 km | No |
| 5 | ChinaCHN | TaiwanTWN | $47.0M | +107.4% | 4 | 688 km | No |
| 6 | Switzerland, LiechtensteinCHE | GermanyDEU | $36.1M | +3% | 4 | 674 km | Yes |
| 7 | Switzerland, LiechtensteinCHE | ThailandTHA | $34.8M | -6.5% | 4 | 9,050 km | No |
| 8 | China, Hong Kong Special Administrative RegionHKG | PhilippinesPHL | $29.4M | +11.6% | 4 | 1,112 km | Yes |
| 9 | Switzerland, LiechtensteinCHE | FranceFRA | $26.4M | +1% | 4 | 487 km | Yes |
| 10 | ChinaCHN | ThailandTHA | $25.8M | +16.1% | 4 | 2,887 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 | ChinaCHN | $489.1M | 165 | 4 |
| 2 | China, Hong Kong Special Administrative RegionHKG | $170.8M | 84 | 4 |
| 3 | Switzerland, LiechtensteinCHE | $165.6M | 120 | 4 |
| 4 | FranceFRA | $33.9M | 73 | 4 |
| 5 | MalaysiaMYS | $29.2M | 45 | 4 |
| 6 | ThailandTHA | $28.1M | 63 | 4 |
| 7 | PortugalPRT | $19.4M | 8 | 4 |
| 8 | GermanyDEU | $19.2M | 70 | 4 |
| 9 | JapanJPN | $18.3M | 70 | 4 |
| 10 | ItalyITA | $12.4M | 59 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | Switzerland, LiechtensteinCHE | $340.9M | 59 | 4 |
| 2 | China, Hong Kong Special Administrative RegionHKG | $103.3M | 33 | 4 |
| 3 | ChinaCHN | $77.1M | 28 | 4 |
| 4 | ThailandTHA | $75.9M | 28 | 4 |
| 5 | JapanJPN | $58.1M | 20 | 4 |
| 6 | TaiwanTWN | $51.8M | 19 | 4 |
| 7 | PhilippinesPHL | $48.0M | 23 | 4 |
| 8 | GermanyDEU | $47.3M | 56 | 4 |
| 9 | FranceFRA | $36.9M | 39 | 4 |
| 10 | USA, Puerto Rico and US Virgin IslandsUSA | $24.5M | 43 | 4 |
HS6 product coverage
The products inside HS4 9111
Six-digit classifications make the subsector specific. Browse the product workspace ↗
4 classifications shownWatch cases
Watch cases: of precious metal or of metal clad with precious metalHS6 911110
Watch cases: of base metal, whether or not gold-plated or silver-platedHS6 911120
Watch cases: n.e.s. in heading no. 9111HS6 911180
Watch cases and parts thereofHS6 911190
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.