2018
Exports
$3.23MWorld Rnk 34 / 155
Flag Rnk 724 / 1177
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2018
Imports
$6.57MWorld Rnk 35 / 216
Flag Rnk 784 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2018, Hong Kong exported $3.23M in Safes, making it the 34th largest exporter of Safes in the world. At the same year, Safes was the 724th most exported product in Hong Kong. The main destination of Safes exports from Hong Kong are: Denmark ($1.17M), United Kingdom ($386k), Israel ($190k), Latvia ($172k), and Jordan ($154k).

The fastest growing export markets for Safes of Hong Kong between 2021 and 2022 were Denmark ($1M), Latvia ($172k), and United Kingdom ($161k).

Imports In 2022, Hong Kong imported $6.57M in Safes, becoming the 35th largest importer of Safes in the world. At the same year, Safes was the 784th most imported product in Hong Kong. Hong Kong imports Safes primarily from: China ($2.87M), South Korea ($1.48M), Indonesia ($691k), France ($336k), and Switzerland ($259k).

The fastest growing import markets in Safes for Hong Kong between 2021 and 2022 were Indonesia ($417k), Switzerland ($250k), and Germany ($216k).

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 Safes. 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)$3.23M
IMPORTS (2022)$6.57M
NET TRADE (2022)-$3.35M

In 2022, Hong Kong exported $3.23M in Safes. The main destinations of Hong Kong exports on Safes were Denmark ($1.17M), United Kingdom ($386k), Israel ($190k), Latvia ($172k), and Jordan ($154k).

In 2022, Hong Kong imported $6.57M in Safes, mainly from China ($2.87M), South Korea ($1.48M), Indonesia ($691k), France ($336k), and Switzerland ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Denmark$1M (602%)
Latvia$172k (574k%)
United Kingdom$161k (71.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Hong Kong WERE (2021 - 2022):
Brazil-$396k (-85%)
Netherlands-$108k (-44.7%)
France-$51.7k (-53%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Safes were:
In 2022, Hong Kong's main importing competitors in Safes were:

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $85.3k
TOP IMPORT POTENTIALChina+ $1.86M

Safes’s highest export potential is United States. With an export gap of $85.3k.   Safes’s highest import potential is China with an import gap of $1.86M.

See methodology.

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