Heading · Section XVIII

9103: Clocks with watch movements, excluding clocks of heading 9104

9103
  • 4%UK
  • 4.7%EU
  • 75%Türkiye
  • —USA
  • US$63.8mWorld trade in 2024

2 subheadings make up heading 9103 in chapter 91 (clocks and watches and parts thereof).

In the UK Global Tariff, heading 9103 covers 2 tariff lines and the duty is 4%.

The EU Combined Nomenclature divides heading 9103 into 2 tariff lines; the duty is 4.7%.

In the Turkish Customs Tariff Schedule, heading 9103 covers 4 tariff lines and the statutory rate is 75%.

In the Harmonized Tariff Schedule of the United States all 4 lines under heading 9103 carry a specific or compound duty rather than a percentage.

World trade in heading 9103 goods reached US$63.8m in 2024, up 15.6% on 2023.

Switzerland was the largest exporter with 27.7% of the total, ahead of China.

Switzerland imported the most (US$8.8m).

The United Kingdom ranked 7th among 110 exporters with US$2.3m.

The United Kingdom imported US$2.1m.

Duty rates compared

UK 4% Third-country duty 2 tariff lines EU 4.7% Third-country duty 2 tariff lines Türkiye 75% Statutory rate (Law 474) 4 tariff lines USA specific or compound duty General (MFN) 4 tariff lines

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

Subheadings 2

World trade in 2024

9103 · US$63.8m

Trade value (US$) no reported trade < US$19.6kUS$19.6k+US$202.5k+US$1.4m+> US$4.8m

Exports: 110
  1. Switzerland: US$17.7m
  2. China: US$17.2m
  3. France: US$4.8m
  4. Hong Kong SAR China: US$2.5m
  5. Japan: US$2.5m
  6. United States: US$2.4m
  7. United Kingdom: US$2.3m
  8. Germany: US$1.8m
  9. Singapore: US$1.7m
  10. Poland: US$1.4m
  11. United Arab Emirates: US$1.3m
  12. Thailand: US$882.2k
  13. Vietnam: US$640.6k
  14. Spain: US$621.2k
  15. Italy: US$554.6k
  16. Netherlands: US$545.9k
  17. Türkiye: US$468.2k
  18. India: US$461.6k
  19. Lithuania: US$367.6k
  20. Czechia: US$362k
  21. Belgium: US$303.2k
  22. Greece: US$297.9k
  23. Australia: US$283.7k
  24. Philippines: US$217.3k
  25. Austria: US$202.5k
  26. Slovakia: US$190.2k
  27. Portugal: US$188.7k
  28. Slovenia: US$172.9k
  29. Kuwait: US$172.4k
  30. Sweden: US$152.8k
  31. Denmark: US$140.3k
  32. Taiwan: US$137.2k
  33. Hungary: US$104.1k
  34. British Virgin Islands: US$85.8k
  35. South Korea: US$69.2k
  36. Saudi Arabia: US$55.2k
  37. Indonesia: US$52.3k
  38. Canada: US$47.2k
  39. Armenia: US$46.1k
  40. Norway: US$42.7k
  41. Russia: US$35.4k
  42. Israel: US$35.2k
  43. Ireland: US$32.5k
  44. Romania: US$31.3k
  45. Luxembourg: US$26k
  46. El Salvador: US$25.8k
  47. South Africa: US$24.3k
  48. Brazil: US$21.6k
  49. Malaysia: US$21.3k
  50. New Zealand: US$19.6k
  51. Ukraine: US$15k
  52. Latvia: US$13.7k
  53. Bulgaria: US$13.2k
  54. Serbia: US$12.7k
  55. Bahrain: US$12.4k
  56. Iceland: US$11.5k
  57. Eswatini: US$8.8k
  58. Panama: US$7.8k
  59. Finland: US$7.6k
  60. Croatia: US$6.6k

Top exporters

RankCountryValueShare
1 Switzerland US$17.7m 27.7%
2 China US$17.2m 26.9%
3 France US$4.8m 7.5%
4 Hong Kong SAR China US$2.5m 3.9%
5 Japan US$2.5m 3.9%
6 United States US$2.4m 3.8%
7 United Kingdom US$2.3m 3.6%
8 Germany US$1.8m 2.9%
9 Singapore US$1.7m 2.6%
10 Poland US$1.4m 2.1%

Top importers

RankCountryValueShare
1 Switzerland US$8.8m 13.8%
2 Hong Kong SAR China US$4.6m 7.2%
3 France US$4m 6.3%
4 United Arab Emirates US$4m 6.3%
5 United States US$3.7m 5.8%
6 Germany US$3.1m 4.8%
7 Kuwait US$2.9m 4.5%
8 Singapore US$2.6m 4.1%
9 Japan US$2.6m 4.1%
10 United Kingdom US$2.1m 3.3%

Products classified here

Questions and answers

What is the HS code for clocks with watch movements, excluding clocks of heading 9104?

Clocks with watch movements, excluding clocks of heading 9104 fall under HS heading 9103, part of chapter 91, in section XVIII of the Harmonized System.

What is the import duty on clocks with watch movements in the UK?

Under the UK Global Tariff, imports under 9103 from countries without a preferential agreement are charged at 4%. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on clocks with watch movements in the EU?

Under the EU Combined Nomenclature, imports under 9103 from countries without a preferential agreement are charged at 4.7%. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most clocks with watch movements?

Switzerland, with US$17.7m in 2024 (27.7% of world exports).