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Vietnam watch market import data analysis

Watch industry trend report such as sales trend or popular brand, based on the import data analysis

Vietnam watch market import data analysis
Vietnam watch market import data analysis

Import amount of watch industry in 2022 account for 388M, up by 12% compared with a previous year

85176739 (Smartwatch) accounts for more than 50% of the total watch industry

Smartphone (85176739) accounts for 75% by qty and 58% by amount (9101 includes many luxurious watches so the qty share is very limited).

In 9101 category, Geneva, Richemont and Rolex, Hublot are the top suppliers due to high amount of the product price

In 9102 category, Casio ranks as the top holding of the import value share followed by Richard mille

In smart watch category, Apple is dominant in the smartphone area with 42% of the share. What follows are Samsung, LG and Garmin.

Based on the import data of 2021 and 2022

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