2022
Exports
$42.8MWorld Rnk 36 / 180
Flag Rnk 235 / 1177
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$254MWorld Rnk 36 / 222
Flag Rnk 168 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $42.8M in Spark-Ignition Engines, making it the 36th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 235th most exported product in Hong Kong. The main destination of Spark-Ignition Engines exports from Hong Kong are: Philippines ($12.9M), China ($12.5M), Russia ($10.4M), Singapore ($2.44M), and Egypt ($895k).

The fastest growing export markets for Spark-Ignition Engines of Hong Kong between 2021 and 2022 were Russia ($10.4M), Singapore ($595k), and Egypt ($526k).

Imports In 2022, Hong Kong imported $254M in Spark-Ignition Engines, becoming the 36th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 168th most imported product in Hong Kong. Hong Kong imports Spark-Ignition Engines primarily from: Thailand ($199M), Denmark ($17M), Japan ($9.89M), Oman ($8.19M), and Austria ($5.5M).

The fastest growing import markets in Spark-Ignition Engines for Hong Kong between 2021 and 2022 were Thailand ($199M), Denmark ($17M), and Oman ($8.19M).

COMPANIES In 2023, leading companies such as John Deere (3) and Cloud Network Technology (2) were at the forefront of shipping Spark-Ignition Engines from Hong Kong to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Spark-Ignition Engines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$42.8M
IMPORTS (2022)$254M
NET TRADE (2022)-$211M

In 2022, Hong Kong exported $42.8M in Spark-Ignition Engines. The main destinations of Hong Kong exports on Spark-Ignition Engines were Philippines ($12.9M), China ($12.5M), Russia ($10.4M), Singapore ($2.44M), and Egypt ($895k).

In 2022, Hong Kong imported $254M in Spark-Ignition Engines, mainly from Thailand ($199M), Denmark ($17M), Japan ($9.89M), Oman ($8.19M), and Austria ($5.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Russia$10.4M (1%)
Singapore$595k (32.3%)
Egypt$526k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Hong Kong WERE (2021 - 2022):
Philippines-$12.9M (-50%)
Saudi Arabia-$9.18M (-100%)
China-$2.46M (-16.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hong Kong's main exporting competitors in Spark-Ignition Engines were:
In 2022, Hong Kong's main importing competitors in Spark-Ignition Engines were:

Explore Visualizations

Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.64M
TOP IMPORT POTENTIALChina+ $10.6M

Spark-Ignition Engines’s highest export potential is China. With an export gap of $7.64M.   Spark-Ignition Engines’s highest import potential is China with an import gap of $10.6M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with