EU External Trade - Wristwatches, electrically operated, whether or not incorporating a stopwatch facility, Other

Extra-EU sourcing of Wristwatches, electrically operated, whether or not incorporating a stopwatch facility, Other is highly concentrated. 🇨🇭 Switzerland captures 85.3% of imports (€103.2M), followed by 🇨🇳 China (8.2%). With an HHI of 7349, this Concentrated market exposes the EU to supply dependency risks.

European exports of Wristwatches, electrically operated, whether or not incorporating a stopwatch facility, Other are concentrated on a few markets. 🇭🇰 Hong Kong SAR China accounts for 50.1% (€59.2M), ahead of 🇨🇭 Switzerland (12.5%). The top three destinations are 🇭🇰 Hong Kong SAR China, 🇨🇭 Switzerland, 🇺🇸 United States.

Within the EU, 🇪🇸 Spain concentrates 49.9% of Wristwatches, electrically operated, whether or not incorporating a stopwatch facility, Other imports, well ahead of 🇸🇪 Sweden (30.0%). The top importing member states are 🇪🇸 Spain, 🇸🇪 Sweden, 🇳🇱 Netherlands.

The year 2025 marked a turning point: both imports and exports were falling sharply, shifting by -17.5% and -20.3% respectively.