I know Americans enjoy the lowest consumers electronics prices in the world but in Europe it's at least 20 Euros which is more than 20 USD and even at 20 euros it's difficult to find, with most shops asking for more than that.
SEK 587.14 = $54.23 USD at Amazon Sweden: https://www.amazon.se/Casio-Herrar-Digitalklocka-hartsrem-F-...
Duties, tariffs, out of control regulations and taxes to pay for underperforming civil servant's pension funds. It all adds up.
You'll quickly find that the price differences mostly reflect some combination of various laws and taxes. E.g., I recall reading (pre-Brexit) that UK law required shops to have a two-year warranty period for durable items sold. As in, you bought it from them, you could return it to them and get a new item. Or make them deal with the warranty. In the US, almost anything other than dead-on-arrival can (doesn't always, but can) require the consumer to ship it in the original packaging to the manufacturer's service center at their own cost. That is not a free service. And there may be tariffs involved.