2022
Exports
$19.4MWorld Rnk 26 / 142
Flag Rnk 347 / 1177
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$33.1MWorld Rnk 33 / 188
Flag Rnk 478 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $19.4M in Tool Plates, making it the 26th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 347th most exported product in Hong Kong. The main destination of Tool Plates exports from Hong Kong are: China ($15.2M), India ($1.08M), Vietnam ($980k), Malaysia ($338k), and Brazil ($246k).

The fastest growing export markets for Tool Plates of Hong Kong between 2021 and 2022 were China ($3.26M), Vietnam ($838k), and Brazil ($130k).

Imports In 2022, Hong Kong imported $33.1M in Tool Plates, becoming the 33rd largest importer of Tool Plates in the world. At the same year, Tool Plates was the 478th most imported product in Hong Kong. Hong Kong imports Tool Plates primarily from: Japan ($13.1M), China ($9.33M), Ireland ($4.97M), Singapore ($3.36M), and United States ($462k).

The fastest growing import markets in Tool Plates for Hong Kong between 2021 and 2022 were China ($775k), Chinese Taipei ($335k), and Czechia ($305k).

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 Tool Plates. 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)$19.4M
IMPORTS (2022)$33.1M
NET TRADE (2022)-$13.8M

In 2022, Hong Kong exported $19.4M in Tool Plates. The main destinations of Hong Kong exports on Tool Plates were China ($15.2M), India ($1.08M), Vietnam ($980k), Malaysia ($338k), and Brazil ($246k).

In 2022, Hong Kong imported $33.1M in Tool Plates, mainly from Japan ($13.1M), China ($9.33M), Ireland ($4.97M), Singapore ($3.36M), and United States ($462k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$3.26M (27.3%)
Vietnam$838k (591%)
Brazil$130k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Hong Kong WERE (2021 - 2022):
India-$272k (-20.2%)
Iran-$254k (-100%)
Mexico-$221k (-97.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Hong Kong's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.89M
TOP IMPORT POTENTIALChina+ $4.56M

Tool Plates’s highest export potential is China. With an export gap of $2.89M.   Tool Plates’s highest import potential is China with an import gap of $4.56M.

See methodology.

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