The global export landscape for watch or clock movements in 2023 shows China leading with $59.026 million, followed by Japan and Thailand. Notably, China experienced a 3.58% growth, whereas Japan and Switzerland faced declines of -12.32% and -14.12%, respectively. Emerging players like Hungary recorded remarkable gains, while traditional markets like Germany showed downturns. South Korea, the United Kingdom, and Australia demonstrated positive trends, suggesting growing competitiveness.
Future trends to watch include:
- Potential recovery in declining markets like Japan and Switzerland due to technological innovations.
- Rising prominence of South Korea and the United Kingdom could reshape regional balances.
- Environmental regulations and sustainability efforts may influence production methods and export dynamics.
Top countries in Export of Watch or Clock Movements, Complete and Unassembled by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 59,026,000 | 2023 | +1.7% | +3.58% | View data |
| 2 | 2 Japan | 30,936,000 | 2023 | -13.83% | -12.32% | View data |
| 3 | 3 Thailand | 26,006,000 | 2023 | -4.84% | -4.03% | View data |
| 4 | 4 Malaysia | 17,538,000 | 2023 | +4.59% | +2.91% | View data |
| 5 | 5 Singapore | 15,294,000 | 2023 | +0.34% | -1.83% | View data |
| 6 | 6 Switzerland | 9,634,000 | 2023 | -20% | -14.12% | View data |
| 7 | 7 United Kingdom | 9,278,900 | 2023 | +4.18% | +7.43% | View data |
| 8 | 8 United States | 3,666,800 | 2023 | -4.36% | -3.57% | View data |
| 9 | 9 Germany | 2,555,500 | 2023 | -6.99% | -7.81% | View data |
| 10 | 10 South Korea | 2,446,000 | 2023 | +3.26% | +4.63% | View data |
