2022
Exports
$1.16MWorld Rnk 28 / 80
Flag Rnk 870 / 1177
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$3.72MWorld Rnk 34 / 144
Flag Rnk 872 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.16M in Rare-Earth Metal Compounds, making it the 28th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 870th most exported product in Hong Kong. The main destination of Rare-Earth Metal Compounds exports from Hong Kong are: Malaysia ($483k), China ($250k), Portugal ($98.9k), Japan ($93.7k), and Brazil ($56.6k).

The fastest growing export markets for Rare-Earth Metal Compounds of Hong Kong between 2021 and 2022 were Portugal ($98.9k), France ($40.9k), and Hungary ($24.6k).

Imports In 2022, Hong Kong imported $3.72M in Rare-Earth Metal Compounds, becoming the 34th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 872nd most imported product in Hong Kong. Hong Kong imports Rare-Earth Metal Compounds primarily from: Chinese Taipei ($3.13M), Thailand ($322k), China ($163k), Japan ($76.4k), and United Kingdom ($13k).

The fastest growing import markets in Rare-Earth Metal Compounds for Hong Kong between 2021 and 2022 were Chinese Taipei ($2.79M), Thailand ($322k), and United Kingdom ($9.31k).

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 Rare-Earth Metal Compounds. 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)$1.16M
IMPORTS (2022)$3.72M
NET TRADE (2022)-$2.56M

In 2022, Hong Kong exported $1.16M in Rare-Earth Metal Compounds. The main destinations of Hong Kong exports on Rare-Earth Metal Compounds were Malaysia ($483k), China ($250k), Portugal ($98.9k), Japan ($93.7k), and Brazil ($56.6k).

In 2022, Hong Kong imported $3.72M in Rare-Earth Metal Compounds, mainly from Chinese Taipei ($3.13M), Thailand ($322k), China ($163k), Japan ($76.4k), and United Kingdom ($13k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Portugal$98.9k (1%)
France$40.9k (2.54k%)
Hungary$24.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Hong Kong WERE (2021 - 2022):
Japan-$1.86M (-95.2%)
Malaysia-$261k (-35%)
China-$179k (-41.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Hong Kong's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $456k
TOP IMPORT POTENTIALChina+ $286k

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $456k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $286k.

See methodology.

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