Official data Source: US Census Bureau international trade data
Track this productWatch cases of precious metal or of metal clad with precious metal
In short
- The US imported $1.8M of this product over the 12 months to August 2026, down 15% on the year before.
- Switzerland is the largest supplier, with 100.0% of US imports.
- Switzerland has the lowest price, but landed at a US port with freight and duty Germany is cheaper: $1,247 each against $1,248 each.
- Duty paid averaged 5.4% of the value of imports in August 2026, down 30.0 points on a year earlier.
- Germany is gaining share: 7.5% over the last 12 months, up from 0.2%.
- US exports were $3.8M over the last 12 months; the largest market is Switzerland, with 99.1%.
US imports, Aug 2026
$121K
↑ +423% vs Aug 2025
Last 12 months
$1.8M
↓ −15% vs the 12 months before
Average duty paid
5.4%
↓ −30.0 pts vs Aug 2025
Top supplier
Switzerland
100.0% of US imports
US imports by month
The last 13 months, so the same month a year ago is on the left. August 2026 is highlighted.
Show the numbers
| Month | US imports |
|---|---|
| August 2025 | $23K |
| September 2025 | $88K |
| October 2025 | $75K |
| November 2025 | $35K |
| December 2025 | $38K |
| January 2026 | $44K |
| February 2026 | $284K |
| March 2026 | $320K |
| April 2026 | $243K |
| May 2026 | $177K |
| June 2026 | $278K |
| July 2026 | $78K |
| August 2026 | $121K |
What changed
- US imports were $121K in August 2026, up 55% from July 2026 and up 423% from August 2025.
- Over the 12 months to August 2026 they totalled $1.8M, down 15% on the 12 months before.
- Biggest moves in market share since July 2026: Switzerland up from 67.4% to 100.0%, Germany down from 21.7% to 0.0%.
- Average price from Switzerland fell 18% since July 2026, to $1,201 each.
- Duty paid by the main suppliers held within 2 points of July 2026.
US trade by year
US imports were $1.8M in the 12 months to Aug 2026, down 68% on the 12 months to Aug 2017. US exports were $3.8M, up 515%. In January 2022 the HS 2022 revision moved some goods between this code and 8549.21, 8549.29, 8549.31 and 3 more, so part of a change across the dashed line can be the revision.
Show the numbers
| Period | US imports |
|---|---|
| 12 months to Aug 2017 | $5.5M |
| 12 months to Aug 2018 | $8.6M |
| 12 months to Aug 2019 | $7.2M |
| 12 months to Aug 2020 | $7.5M |
| 12 months to Aug 2021 | $6.3M |
| 12 months to Aug 2022 | $2.9M |
| 12 months to Aug 2023 | $3.1M |
| 12 months to Aug 2024 | $3.2M |
| 12 months to Aug 2025 | $2.1M |
| 12 months to Aug 2026 | $1.8M |
- Switzerland
- Germany
- Italy
- China
- All countries
Show the numbers
| Period | Switzerland | Germany | Italy | China |
|---|---|---|---|---|
| 12 months to Aug 2017 | 82.7% | 0.9% | 11.8% | 0.3% |
| 12 months to Aug 2018 | 90.6% | 0.0% | 3.1% | 0.8% |
| 12 months to Aug 2019 | 89.4% | 0.0% | 7.2% | 1.3% |
| 12 months to Aug 2020 | 95.8% | 0.1% | 2.4% | 0.9% |
| 12 months to Aug 2021 | 88.3% | 3.4% | 4.6% | 0.4% |
| 12 months to Aug 2022 | 77.4% | 2.2% | 14.4% | 0.3% |
| 12 months to Aug 2023 | 84.0% | 0.0% | 9.3% | 3.7% |
| 12 months to Aug 2024 | 90.8% | 0.7% | 6.0% | 0.2% |
| 12 months to Aug 2025 | 85.5% | 0.2% | 11.7% | 1.3% |
| 12 months to Aug 2026 | 87.0% | 7.5% | 5.3% | 0.2% |
Show the numbers
| Period | Switzerland | Germany | Italy | China | All countries |
|---|---|---|---|---|---|
| 12 months to Aug 2017 | 4.6% | 4.8% | 4.5% | 4.8% | 4.6% |
| 12 months to Aug 2018 | 4.5% | n/a | 4.7% | 5.4% | 4.5% |
| 12 months to Aug 2019 | 4.3% | 4.8% | 4.8% | 4.8% | 4.3% |
| 12 months to Aug 2020 | 4.4% | 4.8% | 4.5% | 19.5% | 4.6% |
| 12 months to Aug 2021 | 4.3% | 4.8% | 4.8% | 12.3% | 4.4% |
| 12 months to Aug 2022 | 4.6% | 4.8% | 4.7% | 12.3% | 4.6% |
| 12 months to Aug 2023 | 4.7% | n/a | 4.5% | 12.7% | 4.9% |
| 12 months to Aug 2024 | 4.6% | 4.8% | 4.8% | 12.8% | 4.7% |
| 12 months to Aug 2025 | 5.7% | 4.8% | 10.5% | 14.3% | 6.4% |
| 12 months to Aug 2026 | 6.6% | 1.7% | 14.4% | 22.3% | 6.7% |
| Period | US imports | Duty paid | US exports |
|---|---|---|---|
| 12 months to Aug 2026 | $1.8M−15% | 6.7%+0.3 pts | $3.8M+157% |
| 12 months to Aug 2025 | $2.1M−35% | 6.4%+1.7 pts | $1.5M+41% |
| 12 months to Aug 2024 | $3.2M+5.4% | 4.7%−0.3 pts | $1.1M−58% |
| 12 months to Aug 2023 | $3.1M+5.1% | 4.9%+0.4 pts | $2.5M+102% |
| 12 months to Aug 2022HS 2022 revision | $2.9M−54% | 4.6%+0.2 pts | $1.2M−22% |
| 12 months to Aug 2021 | $6.3M−16% | 4.4%−0.1 pts | $1.6M−31% |
| 12 months to Aug 2020 | $7.5M+4.3% | 4.6%+0.2 pts | $2.3M+118% |
| 12 months to Aug 2019 | $7.2M−17% | 4.3%−0.2 pts | $1.1M+67% |
| 12 months to Aug 2018 | $8.6M+58% | 4.5%−0.1 pts | $635K+1.5% |
| 12 months to Aug 2017 | $5.5M | 4.6% | $626K |
Who supplies the US
August 2026. Small figures under each value are the change from August 2025. Landed cost by origin, below, adds freight and duty to the price.
| Country | US imports | Share | Average price | Duty paid | Last 13 months |
|---|---|---|---|---|---|
| Switzerland | $121K | 100.0%+19.4 pts | $1,201 each−74% | 5.4%−38.4 pts | |
| All countries | $121K | 100.0% | $1,201 each−74% | 5.4%−30.0 pts |
The 3 largest suppliers had 99.8% of US imports over the last 12 months.
Landed cost by origin
What importers paid to land this product at a US port from each main supplier, June–August 2026: the price, freight and insurance to the first US port, and duty, per unit. Suppliers with 3% or more of these imports, cheapest landed first. Small figures under landed cost are the change from the same months a year earlier.
- Price
- Freight and insurance
- Duty
| Country | Price | Freight and insurance | Duty | Landed cost | Make-up |
|---|---|---|---|---|---|
| Germany | $1,215 each | $32.14 each2.6% of price | $0.00 each0.0% of price | $1,247 each | |
| Switzerland | $1,183 each | $3.43 each0.3% of price | $62.17 each5.3% of price | $1,248 each−34% | |
| All countries | $1,200 each | $4.90 each0.4% of price | $61.82 each5.2% of price | $1,266 each+0.3% |
Landed at a US port, Germany was cheapest, at $1,247 each: 0.1% below Switzerland.
Switzerland had the lowest price before freight and duty, $1,183 each, but they added 5.5% to it.
Landed cost from Switzerland fell 34% on a year earlier, to $1,248 each, mostly on price: $1,648 each then, $1,183 each now.
How the market is shifting
Germany gained the most share: 7.5% of US imports over the last 12 months, up from 0.2% in the 12 months before. Italy lost the most: 5.3%, down from 11.7%. The charts show September 2024 to August 2026 for the 4 largest suppliers over the last 12 months.
- Switzerland
- Germany
- Italy
- China
- All countries
Show the numbers
| Month | Switzerland | Germany | Italy | China |
|---|---|---|---|---|
| September 2024 | 91.4% | 0.0% | 5.9% | 2.1% |
| October 2024 | 92.1% | 0.0% | 5.6% | 2.2% |
| November 2024 | 87.5% | 0.0% | 8.3% | 0.0% |
| December 2024 | 100.0% | 0.0% | 0.0% | 0.0% |
| January 2025 | 65.6% | 20.1% | 0.0% | 0.0% |
| February 2025 | 100.0% | 0.0% | 0.0% | 0.0% |
| March 2025 | 95.8% | 0.0% | 4.2% | 0.0% |
| April 2025 | 30.8% | 0.0% | 69.2% | 0.0% |
| May 2025 | 24.4% | 0.0% | 73.1% | 0.0% |
| June 2025 | 67.3% | 0.0% | 32.7% | 0.0% |
| July 2025 | 88.0% | 0.0% | 12.0% | 0.0% |
| August 2025 | 80.6% | 0.0% | 0.0% | 0.0% |
| September 2025 | 100.0% | 0.0% | 0.0% | 0.0% |
| October 2025 | 95.8% | 4.2% | 0.0% | 0.0% |
| November 2025 | 100.0% | 0.0% | 0.0% | 0.0% |
| December 2025 | 100.0% | 0.0% | 0.0% | 0.0% |
| January 2026 | 100.0% | 0.0% | 0.0% | 0.0% |
| February 2026 | 95.2% | 4.8% | 0.0% | 0.0% |
| March 2026 | 73.4% | 7.7% | 18.9% | 0.0% |
| April 2026 | 95.1% | 4.9% | 0.0% | 0.0% |
| May 2026 | 48.1% | 35.6% | 13.9% | 2.4% |
| June 2026 | 100.0% | 0.0% | 0.0% | 0.0% |
| July 2026 | 67.4% | 21.7% | 10.9% | 0.0% |
| August 2026 | 100.0% | 0.0% | 0.0% | 0.0% |
Show the numbers
| Month | Switzerland | Germany | Italy | China | All countries |
|---|---|---|---|---|---|
| September 2024 | 4.5% | n/a | 4.8% | 14.0% | 4.7% |
| October 2024 | 4.8% | n/a | 4.8% | 14.7% | 5.0% |
| November 2024 | 4.6% | n/a | 4.8% | n/a | 4.7% |
| December 2024 | 4.8% | n/a | n/a | n/a | 4.8% |
| January 2025 | 4.8% | 4.8% | n/a | n/a | 4.8% |
| February 2025 | 4.8% | n/a | n/a | n/a | 4.8% |
| March 2025 | 4.8% | n/a | 4.9% | n/a | 4.8% |
| April 2025 | 14.8% | n/a | 14.8% | n/a | 14.8% |
| May 2025 | 14.8% | n/a | 14.8% | n/a | 14.4% |
| June 2025 | 11.6% | n/a | 14.8% | n/a | 12.6% |
| July 2025 | 8.5% | n/a | 14.9% | n/a | 9.3% |
| August 2025 | 43.8% | n/a | n/a | n/a | 35.3% |
| September 2025 | 9.6% | n/a | n/a | n/a | 9.6% |
| October 2025 | 13.9% | 15.1% | n/a | n/a | 13.9% |
| November 2025 | 26.7% | n/a | n/a | n/a | 26.7% |
| December 2025 | 4.8% | n/a | n/a | n/a | 4.8% |
| January 2026 | 6.0% | n/a | n/a | n/a | 6.0% |
| February 2026 | 6.4% | 0.0% | n/a | n/a | 6.1% |
| March 2026 | 5.2% | 0.0% | 14.8% | n/a | 6.6% |
| April 2026 | 5.5% | 14.8% | n/a | n/a | 5.9% |
| May 2026 | 5.8% | 0.0% | 14.8% | 22.3% | 5.4% |
| June 2026 | 5.4% | n/a | n/a | n/a | 5.4% |
| July 2026 | 4.2% | 0.0% | 10.0% | n/a | 3.9% |
| August 2026 | 5.4% | n/a | n/a | n/a | 5.4% |
Where it enters the US
Main ports of entry over the 12 months to August 2026: US imports and share.
Where US exports go
US exports were $82K in August 2026, down 87% from August 2025, and $3.8M over the last 12 months, up 157% on the 12 months before. Fastest-growing market with 3% or more of US exports: Switzerland, up 166%.
| Market | Last 12 months | Share | vs 12 months before |
|---|---|---|---|
| Switzerland | $3.8M | 99.1% | +166% |
| United Kingdom | $9K | 0.2% | +211% |
| Australia | $5K | 0.1% | new |
| Peru | $4K | 0.1% | new |
| Japan | $4K | 0.1% | −57% |
| Eswatini | $4K | 0.1% | new |
| Germany | $4K | 0.1% | new |
| Dominica | $4K | 0.1% | new |
| All countries | $3.8M | 100.0% | +157% |
Markets abroad
Each country's own import figures for this product, from UN Comtrade: the 8 biggest importers outside the US in the latest year each has reported, what they bought from the US, and the change from the year before. Values usually include freight and insurance to the importer's border, so they run a little above US export figures. Countries report a year or more late; 58 have reported 2025 so far. Where a country's figure for imports from the US is under half or over double what the US recorded exporting there that year, the US figure is shown under it.
| Market | Imports | vs year before | From the US | US share |
|---|---|---|---|---|
| Germany | $15.8Min 2025 | −22% | $6K | 0.0% |
| Switzerland | $7.6Min 2025 | −38% | $130KUS records $2.5M | 1.7% |
| Hong Kong | $2.6Min 2025 | +77% | $3K | 0.1% |
| France | $808Kin 2025 | −42% | $83 | 0.0% |
| Japan | $628Kin 2025 | +87% | $0 | 0.0% |
| Singapore | $606Kin 2025 | −3.1% | $0 | 0.0% |
| Italy | $532Kin 2025 | −65% | $0 | 0.0% |
| Uruguay | $502Kin 2025 | n/a | $0 | 0.0% |
The biggest market outside the US is Germany, which imported $15.8M of this product in 2025, under 0.1% of it from the US.
Of these, imports into Hong Kong grew fastest: up 77% from 2024 to 2025.
Related products
Other products under heading 9111: watch cases and parts thereof. US trade over the 12 months to August 2026.
| Product | US imports | US exports |
|---|---|---|
| Parts for watch cases of precious metal, base metal or of other materialsHS 9111.90 | $17.0M | $1.4M |
| Watch cases of base metal, whether or not gold or silver-platedHS 9111.20 | $4.8M | $980K |
| Watch cases, not elsewhere specifiedHS 9111.80 | $254K | $769K |
About these figures
- Source: US Census Bureau international trade data, not seasonally adjusted, in US dollars. Retrieved November 3, 2026.
- US imports are general imports at customs value, which excludes freight and insurance. Exports are at free-alongside-ship value.
- Average price is customs value divided by quantity (number of items), across all of the product's 10-digit lines.
- Duty paid is the duty Census calculates on each country's imports for consumption, as a share of their value. It moves with tariff changes, exemptions and the mix of goods within the product.
- Landed cost adds Census's import charges (freight, insurance and other costs of bringing the goods to the first US port) and calculated duty to the customs value, per unit, across the product's 10-digit lines. It leaves out antidumping and countervailing duties, customs fees and transport inland. Prices are averages across the goods within the code, so a lower one can mean cheaper goods, not the same goods for less.
- Markets abroad are each country's imports as it reports them to UN Comtrade, in US dollars, usually including freight and insurance. Countries report a year or more late and in their own edition of the HS codes, so one still on an older edition is missing for codes that changed in 2022.
- Census revises recent months, so figures can change slightly. These are estimates for research and planning, not customs or legal advice.