2022
Exports
$601kWorld Rnk 36 / 112
Flag Rnk 937 / 1177
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$1.26MWorld Rnk 63 / 195
Flag Rnk 1005 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $601k in Soapstone, making it the 36th largest exporter of Soapstone in the world. At the same year, Soapstone was the 937th most exported product in Hong Kong. The main destination of Soapstone exports from Hong Kong are: China ($502k), United States ($21.2k), South Africa ($19.2k), Germany ($17.5k), and Macau ($12.4k).

The fastest growing export markets for Soapstone of Hong Kong between 2021 and 2022 were United States ($21.2k), Germany ($17.5k), and Brazil ($1.59k).

Imports In 2018, Hong Kong imported $1.26M in Soapstone, becoming the 63rd largest importer of Soapstone in the world. At the same year, Soapstone was the 1005th most imported product in Hong Kong. Hong Kong imports Soapstone primarily from: Japan ($591k), United Kingdom ($216k), United States ($198k), China ($157k), and South Korea ($45.3k).

The fastest growing import markets in Soapstone for Hong Kong between 2021 and 2022 were United States ($154k), United Kingdom ($52.7k), and Chinese Taipei ($7.32k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soapstone. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$601k
IMPORTS (2022)$1.26M
NET TRADE (2022)-$659k

In 2022, Hong Kong exported $601k in Soapstone. The main destinations of Hong Kong exports on Soapstone were China ($502k), United States ($21.2k), South Africa ($19.2k), Germany ($17.5k), and Macau ($12.4k).

In 2022, Hong Kong imported $1.26M in Soapstone, mainly from Japan ($591k), United Kingdom ($216k), United States ($198k), China ($157k), and South Korea ($45.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$21.2k (1%)
Germany$17.5k (1%)
Brazil$1.59k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Hong Kong WERE (2021 - 2022):
Dominican Republic-$210k (-100%)
Spain-$144k (-100%)
Thailand-$131k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Soapstone were:
In 2022, Hong Kong's main importing competitors in Soapstone were:

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $167k
TOP IMPORT POTENTIALChina+ $234k

Soapstone’s highest export potential is China. With an export gap of $167k.   Soapstone’s highest import potential is China with an import gap of $234k.

See methodology.

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