2022
Exports
$63.4MWorld Rnk 20 / 178
Flag Rnk 153 / 1206
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$70.2MWorld Rnk 32 / 208
Flag Rnk 250 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $63.4M in Precious Metal Watches, making it the 20th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 153rd most exported product in Ireland. The main destination of Precious Metal Watches exports from Ireland are: Switzerland ($25.1M), Hong Kong ($3.98M), China ($3.42M), United Arab Emirates ($3.13M), and Italy ($2.68M).

The fastest growing export markets for Precious Metal Watches of Ireland between 2021 and 2022 were Switzerland ($3.1M), United Arab Emirates ($2.28M), and South Korea ($1.49M).

Imports In 2022, Ireland imported $70.2M in Precious Metal Watches, becoming the 32nd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 250th most imported product in Ireland. Ireland imports Precious Metal Watches primarily from: Switzerland ($39.3M), United Kingdom ($17.4M), Italy ($1.93M), Latvia ($1.78M), and United States ($1.73M).

The fastest growing import markets in Precious Metal Watches for Ireland between 2021 and 2022 were Switzerland ($11.3M), Latvia ($692k), and Kuwait ($412k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Precious Metal Watches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.4M
IMPORTS (2022)$70.2M
NET TRADE (2022)-$6.79M

In 2022, Ireland exported $63.4M in Precious Metal Watches. The main destinations of Ireland exports on Precious Metal Watches were Switzerland ($25.1M), Hong Kong ($3.98M), China ($3.42M), United Arab Emirates ($3.13M), and Italy ($2.68M).

In 2022, Ireland imported $70.2M in Precious Metal Watches, mainly from Switzerland ($39.3M), United Kingdom ($17.4M), Italy ($1.93M), Latvia ($1.78M), and United States ($1.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Switzerland$3.1M (14.1%)
South Korea$1.49M (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Ireland WERE (2021 - 2022):
Hong Kong-$3.41M (-46.1%)
China-$2.31M (-40.3%)
Qatar-$781k (-38.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Precious Metal Watches were:
In 2022, Ireland's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.68M
TOP IMPORT POTENTIALUnited Kingdom+ $2.09M

Precious Metal Watches’s highest export potential is United States. With an export gap of $2.68M.   Precious Metal Watches’s highest import potential is United Kingdom with an import gap of $2.09M.

See methodology.

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