2022
Exports
$3.07MWorld Rnk 37 / 134
Flag Rnk 728 / 1177
2022
PRODUCT COMPLEXITY IN Other Non-Metal Removal Machinery
0.93Rnk 200 / 1025
2022
Imports
$9.47MWorld Rnk 46 / 200
Flag Rnk 723 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $3.07M in Other Non-Metal Removal Machinery, making it the 37th largest exporter of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 728th most exported product in Hong Kong. The main destination of Other Non-Metal Removal Machinery exports from Hong Kong are: China ($1.1M), India ($493k), United States ($287k), Japan ($276k), and Nigeria ($216k).

The fastest growing export markets for Other Non-Metal Removal Machinery of Hong Kong between 2021 and 2022 were United States ($280k), Japan ($276k), and Malaysia ($204k).

Imports In 2022, Hong Kong imported $9.47M in Other Non-Metal Removal Machinery, becoming the 46th largest importer of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 723rd most imported product in Hong Kong. Hong Kong imports Other Non-Metal Removal Machinery primarily from: Germany ($4.49M), China ($1.94M), Israel ($1.67M), Italy ($652k), and United States ($247k).

The fastest growing import markets in Other Non-Metal Removal Machinery for Hong Kong between 2021 and 2022 were Germany ($4.47M), Israel ($1.66M), and Italy ($359k).

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 Other Non-Metal Removal Machinery. 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)$3.07M
IMPORTS (2022)$9.47M
NET TRADE (2022)-$6.4M

In 2022, Hong Kong exported $3.07M in Other Non-Metal Removal Machinery. The main destinations of Hong Kong exports on Other Non-Metal Removal Machinery were China ($1.1M), India ($493k), United States ($287k), Japan ($276k), and Nigeria ($216k).

In 2022, Hong Kong imported $9.47M in Other Non-Metal Removal Machinery, mainly from Germany ($4.49M), China ($1.94M), Israel ($1.67M), Italy ($652k), and United States ($247k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Non-Metal Removal Machinery EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$280k (4.02k%)
Japan$276k (1%)
Malaysia$204k (5.53k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Metal Removal Machinery BY Hong Kong WERE (2021 - 2022):
China-$3.81M (-77.6%)
South Korea-$823k (-100%)
India-$225k (-31.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Non-Metal Removal Machinery were:
In 2022, Hong Kong's main importing competitors in Other Non-Metal Removal Machinery were:

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Trade Value of Other Non-Metal Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $716k
TOP IMPORT POTENTIALChina+ $1.18M

Other Non-Metal Removal Machinery’s highest export potential is China. With an export gap of $716k.   Other Non-Metal Removal Machinery’s highest import potential is China with an import gap of $1.18M.

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