HS Code:
Clock movements, complete and assembled (HS Code: 9110) refer to the internal mechanisms of clocks that are fully assembled and ready for integration into clock casings. This category includes mechanical, quartz, and electronic movements used in wall clocks, alarm clocks, and other timekeeping devices. These components are critical to the functionality of clocks and are traded globally due to specialized manufacturing capabilities in certain regions.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards quartz and electronic movements
Increased demand for low-cost, battery-operated movements from China, displacing traditional mechanical movements in mass markets.
2020-2022
Growing niche for luxury mechanical movements
Switzerland and Japan see sustained demand in high-end markets despite higher costs, driven by luxury watch brands.
2021-2022
Supply chain disruptions
COVID-19-related delays and semiconductor shortages have impacted electronic movement production, raising costs and delivery times.
2020-2021
Negotiations to reduce tariffs on clock movements between the EU and China have progressed, aiming to lower the average duty from 6% to 3%.
March 2023
Potentially increases Chinese exports to Europe, affecting local manufacturers.
Updated EU regulations on hazardous substances in electronic clock movements require stricter compliance, increasing production costs for exporters.
January 2023
Smaller exporters may struggle to meet standards, benefiting larger, compliant manufacturers.
The US granted temporary tariff waivers on specific clock movements from China to mitigate supply chain issues in the domestic market.
September 2022
Temporary relief for US importers, potentially increasing Chinese market share in the short term.