Watch Cases and Parts in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $8.1M in Watch Cases and Parts, making it the 12th largest exporter of Watch Cases and Parts in the world. At the same year, Watch Cases and Parts was the 757th most exported product in South Korea. The main destination of Watch Cases and Parts exports from South Korea are: Switzerland ($4.98M), Hong Kong ($2.81M), Japan ($95.7k), China ($92.4k), and France ($45.2k).

The fastest growing export markets for Watch Cases and Parts of South Korea between 2021 and 2022 were Hong Kong ($1.7M), Switzerland ($1.04M), and Japan ($60.8k).

Imports In 2022, South Korea imported $5.74M in Watch Cases and Parts, becoming the 19th largest importer of Watch Cases and Parts in the world. At the same year, Watch Cases and Parts was the 1004th most imported product in South Korea. South Korea imports Watch Cases and Parts primarily from: China ($4.19M), Switzerland ($1.12M), Sweden ($131k), Madagascar ($87.4k), and Hong Kong ($51.8k).

The fastest growing import markets in Watch Cases and Parts for South Korea between 2021 and 2022 were China ($1.45M), Switzerland ($108k), and Madagascar ($87.4k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Watch Cases and Parts from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Watch Cases and Parts exports accounted up to $574k and imports accounted up to $226k, resulting in a positive trade balance of $348k. Between February 2023 and February 2024 the exports of South Korea's Watch Cases and Parts have increased by $53k (10.2%) from $521k to $574k, while imports increased by $26k (13%) from $200k to $226k.

Destinations In February 2024, Watch Cases and Parts were exported mostly to Hong Kong ($379k), Switzerland ($195k), China ($0), Japan ($0), and Malaysia ($0), and were imported mostly from China ($128k), Switzerland ($88k), Sweden ($8k), Italy ($2k), and Hong Kong ($0).

Growth In February 2024, the increase in Watch Cases and Parts's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($86k or 60.6%) and Switzerland ($78k or 51%). In February 2024, the increase in Watch Cases and Parts's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$53k(10.2%)

IMPORT GROWTH (February 2023 - February 2024)$26k(13%)

MAIN DESTINATION (February 2024)Hong Kong$379k

This section shows Watch Cases and Parts's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Watch Cases and Parts over time.

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