2022
Exports
$1.56MWorld Rnk 59 / 147
Flag Rnk 818 / 1177
2022
PRODUCT COMPLEXITY IN Steam Boilers
0.25Rnk 469 / 1025
2022
Imports
$26.4MWorld Rnk 38 / 208
Flag Rnk 525 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.56M in Steam Boilers, making it the 59th largest exporter of Steam Boilers in the world. At the same year, Steam Boilers was the 818th most exported product in Hong Kong. The main destination of Steam Boilers exports from Hong Kong are: Mexico ($730k), Thailand ($150k), Indonesia ($104k), Nigeria ($103k), and Italy ($79.7k).

The fastest growing export markets for Steam Boilers of Hong Kong between 2021 and 2022 were Mexico ($730k), Nigeria ($102k), and Paraguay ($70.1k).

Imports In 2022, Hong Kong imported $26.4M in Steam Boilers, becoming the 38th largest importer of Steam Boilers in the world. At the same year, Steam Boilers was the 525th most imported product in Hong Kong. Hong Kong imports Steam Boilers primarily from: South Korea ($7.77M), Japan ($5.09M), China ($4.44M), Vietnam ($3.43M), and United Kingdom ($1.17M).

The fastest growing import markets in Steam Boilers for Hong Kong between 2021 and 2022 were South Korea ($7.59M), Japan ($3.98M), and China ($3.57M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (10) were at the forefront of shipping Steam Boilers from Hong Kong to the United States.

Latest Trends

Sep 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 Steam Boilers. 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)$1.56M
IMPORTS (2022)$26.4M
NET TRADE (2022)-$24.9M

In 2022, Hong Kong exported $1.56M in Steam Boilers. The main destinations of Hong Kong exports on Steam Boilers were Mexico ($730k), Thailand ($150k), Indonesia ($104k), Nigeria ($103k), and Italy ($79.7k).

In 2022, Hong Kong imported $26.4M in Steam Boilers, mainly from South Korea ($7.77M), Japan ($5.09M), China ($4.44M), Vietnam ($3.43M), and United Kingdom ($1.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Boilers EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Mexico$730k (1%)
Nigeria$102k (12.2k%)
Paraguay$70.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Boilers BY Hong Kong WERE (2021 - 2022):
Thailand-$1.62M (-91.5%)
Indonesia-$880k (-89.4%)
Madagascar-$125k (-94.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steam Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $110k
TOP IMPORT POTENTIALChina+ $4.34M

Steam Boilers’s highest export potential is Indonesia. With an export gap of $110k.   Steam Boilers’s highest import potential is China with an import gap of $4.34M.

See methodology.

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