2022
Exports
$197MWorld Rnk 30 / 218
Flag Rnk 78 / 1177
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$1.06BWorld Rnk 8 / 225
Flag Rnk 52 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $197M in Electrical Power Accessories, making it the 30th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 78th most exported product in Hong Kong. The main destination of Electrical Power Accessories exports from Hong Kong are: Vietnam ($52M), China ($22.9M), India ($15.1M), Philippines ($15M), and Mexico ($10.8M).

The fastest growing export markets for Electrical Power Accessories of Hong Kong between 2021 and 2022 were Russia ($3.23M), Germany ($3.13M), and Saudi Arabia ($2.74M).

Imports In 2018, Hong Kong imported $1.06B in Electrical Power Accessories, becoming the 8th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 52nd most imported product in Hong Kong. Hong Kong imports Electrical Power Accessories primarily from: China ($616M), Japan ($116M), Singapore ($65.5M), United States ($54.1M), and Chinese Taipei ($35.9M).

The fastest growing import markets in Electrical Power Accessories for Hong Kong between 2021 and 2022 were China ($12.5M), United Arab Emirates ($3.13M), and Bulgaria ($1.76M).

COMPANIES In 2023, leading companies such as Key Tronic (72), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (47), and TE Connectivity (35) were at the forefront of shipping Electrical Power Accessories from Hong Kong to the United States.

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 Electrical Power Accessories. 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)$197M
IMPORTS (2022)$1.06B
NET TRADE (2022)-$867M

In 2022, Hong Kong exported $197M in Electrical Power Accessories. The main destinations of Hong Kong exports on Electrical Power Accessories were Vietnam ($52M), China ($22.9M), India ($15.1M), Philippines ($15M), and Mexico ($10.8M).

In 2022, Hong Kong imported $1.06B in Electrical Power Accessories, mainly from China ($616M), Japan ($116M), Singapore ($65.5M), United States ($54.1M), and Chinese Taipei ($35.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Russia$3.23M (528%)
Germany$3.13M (47.9%)
Saudi Arabia$2.74M (1.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Hong Kong WERE (2021 - 2022):
Vietnam-$14M (-21.2%)
Mexico-$8.84M (-45%)
Australia-$8.25M (-72.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.5M
TOP IMPORT POTENTIALUnited States+ $14.7M

Electrical Power Accessories’s highest export potential is China. With an export gap of $11.5M.   Electrical Power Accessories’s highest import potential is United States with an import gap of $14.7M.

See methodology.

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