2022
Exports
$159kWorld Rnk 57 / 91
Flag Rnk 1057 / 1177
2022
PRODUCT COMPLEXITY IN Steel Ingots
0.23Rnk 480 / 1025
2022
Imports
$3.33MWorld Rnk 37 / 163
Flag Rnk 888 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $159k in Steel Ingots, making it the 57th largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 1057th most exported product in Hong Kong. The main destination of Steel Ingots exports from Hong Kong are: Philippines ($126k), United Kingdom ($18.2k), India ($7.93k), Israel ($6.4k), and Netherlands ($476).

The fastest growing export markets for Steel Ingots of Hong Kong between 2021 and 2022 were United Kingdom ($18.2k), India ($7.93k), and Israel ($6.4k).

Imports In 2022, Hong Kong imported $3.33M in Steel Ingots, becoming the 37th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 888th most imported product in Hong Kong. Hong Kong imports Steel Ingots primarily from: Brazil ($2.15M), Germany ($1.09M), Japan ($67.9k), Australia ($13.2k), and United States ($7.26k).

The fastest growing import markets in Steel Ingots for Hong Kong between 2021 and 2022 were Brazil ($2.15M), Germany ($443k), and Japan ($67.9k).

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 Steel Ingots. 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)$159k
IMPORTS (2022)$3.33M
NET TRADE (2022)-$3.18M

In 2022, Hong Kong exported $159k in Steel Ingots. The main destinations of Hong Kong exports on Steel Ingots were Philippines ($126k), United Kingdom ($18.2k), India ($7.93k), Israel ($6.4k), and Netherlands ($476).

In 2022, Hong Kong imported $3.33M in Steel Ingots, mainly from Brazil ($2.15M), Germany ($1.09M), Japan ($67.9k), Australia ($13.2k), and United States ($7.26k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United Kingdom$18.2k (1%)
India$7.93k (1%)
Israel$6.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Hong Kong WERE (2021 - 2022):
Denmark-$18k (-100%)
Philippines-$14k (-10%)
Sweden-$3.13k (-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 Steel Ingots were:
In 2022, Hong Kong's main importing competitors in Steel Ingots were:

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Trade Value of Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $8.39k
TOP IMPORT POTENTIALJapan+ $95.1k

Steel Ingots’s highest export potential is India. With an export gap of $8.39k.   Steel Ingots’s highest import potential is Japan with an import gap of $95.1k.

See methodology.

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