2022
Exports
$2.93kWorld Rnk 68 / 73
Flag Rnk 1153 / 1177
falsefalse Canada
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$1.37kWorld Rnk 139 / 143
Flag Rnk 1198 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $2.93k in Military Weapons, making it the 68th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 1153rd most exported product in Hong Kong. The main destination of Military Weapons exports from Hong Kong are: Canada ($2.8k) and Philippines ($131).

The fastest growing export markets for Military Weapons of Hong Kong between 2021 and 2022 were Canada ($2.5k) and Philippines ($131).

Imports In 2022, Hong Kong imported $1.37k in Military Weapons, becoming the 139th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 1198th most imported product in Hong Kong. Hong Kong imports Military Weapons primarily from: Thailand ($1.37k).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Military Weapons 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 Military Weapons. 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)$2.93k
IMPORTS (2022)$1.37k
NET TRADE (2022)$1.56k

In 2022, Hong Kong exported $2.93k in Military Weapons. The main destinations of Hong Kong exports on Military Weapons were Canada ($2.8k) and Philippines ($131).

In 2022, Hong Kong imported $1.37k in Military Weapons, mainly from Thailand ($1.37k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Canada$2.5k (830%)
Philippines$131 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Hong Kong WERE (2021 - 2022):Nigeria-$89.4M (-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 Military Weapons were:
In 2022, Hong Kong's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $705
TOP IMPORT POTENTIALChina+ $620

Military Weapons’s highest export potential is Canada. With an export gap of $705.   Military Weapons’s highest import potential is China with an import gap of $620.

See methodology.

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