2022
Exports
$43.6MWorld Rnk 62 / 162
Flag Rnk 234 / 1177
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$1.93BWorld Rnk 1 / 217
Flag Rnk 33 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $43.6M in Raw Iron Bars, making it the 62nd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 234th most exported product in Hong Kong. The main destination of Raw Iron Bars exports from Hong Kong are: China ($26.6M), Macau ($14.8M), Timor-Leste ($836k), Germany ($231k), and Zimbabwe ($177k).

The fastest growing export markets for Raw Iron Bars of Hong Kong between 2021 and 2022 were China ($23M), Macau ($1.96M), and Timor-Leste ($558k).

Imports In 2022, Hong Kong imported $1.93B in Raw Iron Bars, becoming the 1st largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 33rd most imported product in Hong Kong. Hong Kong imports Raw Iron Bars primarily from: Malaysia ($1.09B), Vietnam ($318M), United Arab Emirates ($206M), Saudi Arabia ($87.9M), and India ($82.7M).

The fastest growing import markets in Raw Iron Bars for Hong Kong between 2021 and 2022 were Malaysia ($1.09B), United Arab Emirates ($196M), and Vietnam ($93.6M).

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 Raw 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)$43.6M
IMPORTS (2022)$1.93B
NET TRADE (2022)-$1.88B

In 2022, Hong Kong exported $43.6M in Raw Iron Bars. The main destinations of Hong Kong exports on Raw Iron Bars were China ($26.6M), Macau ($14.8M), Timor-Leste ($836k), Germany ($231k), and Zimbabwe ($177k).

In 2022, Hong Kong imported $1.93B in Raw Iron Bars, mainly from Malaysia ($1.09B), Vietnam ($318M), United Arab Emirates ($206M), Saudi Arabia ($87.9M), and India ($82.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$23M (632%)
Macau$1.96M (15.3%)
Timor-Leste$558k (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Hong Kong WERE (2021 - 2022):
Germany-$361k (-61%)
Papua New Guinea-$227k (-100%)
Pakistan-$156k (-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 Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Hong Kong's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.13M
TOP IMPORT POTENTIALChina+ $40.6M

Raw Iron Bars’s highest export potential is China. With an export gap of $3.13M.   Raw Iron Bars’s highest import potential is China with an import gap of $40.6M.

See methodology.

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