2022
Exports
$20.5MWorld Rnk 53 / 126
Flag Rnk 336 / 1177
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$12.5MWorld Rnk 103 / 210
Flag Rnk 669 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $20.5M in Hot-Rolled Iron Bars, making it the 53rd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 336th most exported product in Hong Kong. The main destination of Hot-Rolled Iron Bars exports from Hong Kong are: Israel ($14.3M), Colombia ($3.19M), Benin ($1.91M), Indonesia ($639k), and Tanzania ($271k).

The fastest growing export markets for Hot-Rolled Iron Bars of Hong Kong between 2021 and 2022 were Israel ($10.6M), Colombia ($3.19M), and Benin ($1.91M).

Imports In 2022, Hong Kong imported $12.5M in Hot-Rolled Iron Bars, becoming the 103rd largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 669th most imported product in Hong Kong. Hong Kong imports Hot-Rolled Iron Bars primarily from: Singapore ($5.82M), India ($2.46M), China ($1.76M), Malaysia ($1.45M), and United Kingdom ($705k).

The fastest growing import markets in Hot-Rolled Iron Bars for Hong Kong between 2021 and 2022 were Singapore ($2.45M), Malaysia ($1.45M), and United States ($12.1k).

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 Hot-Rolled Iron Bars. 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)$20.5M
IMPORTS (2022)$12.5M
NET TRADE (2022)$7.97M

In 2022, Hong Kong exported $20.5M in Hot-Rolled Iron Bars. The main destinations of Hong Kong exports on Hot-Rolled Iron Bars were Israel ($14.3M), Colombia ($3.19M), Benin ($1.91M), Indonesia ($639k), and Tanzania ($271k).

In 2022, Hong Kong imported $12.5M in Hot-Rolled Iron Bars, mainly from Singapore ($5.82M), India ($2.46M), China ($1.76M), Malaysia ($1.45M), and United Kingdom ($705k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$10.6M (286%)
Colombia$3.19M (1%)
Benin$1.91M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Hong Kong WERE (2021 - 2022):
Ethiopia-$873k (-100%)
Brunei-$511k (-100%)
Brazil-$420k (-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 Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Hong Kong's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $456k
TOP IMPORT POTENTIALChina+ $2.46M

Hot-Rolled Iron Bars’s highest export potential is Indonesia. With an export gap of $456k.   Hot-Rolled Iron Bars’s highest import potential is China with an import gap of $2.46M.

See methodology.

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