2022
Exports
$110MWorld Rnk 15 / 180
Flag Rnk 125 / 1177
2022
PRODUCT COMPLEXITY IN Mirrors and Lenses
1.49Rnk 54 / 1025
2022
Imports
$1.57BWorld Rnk 3 / 215
Flag Rnk 40 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $110M in Mirrors and Lenses, making it the 15th largest exporter of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 125th most exported product in Hong Kong. The main destination of Mirrors and Lenses exports from Hong Kong are: China ($47.4M), India ($9.88M), Netherlands ($7.78M), Philippines ($7.35M), and Mexico ($5.28M).

The fastest growing export markets for Mirrors and Lenses of Hong Kong between 2021 and 2022 were China ($25.7M), India ($3.63M), and Bangladesh ($1.7M).

Imports In 2022, Hong Kong imported $1.57B in Mirrors and Lenses, becoming the 3rd largest importer of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 40th most imported product in Hong Kong. Hong Kong imports Mirrors and Lenses primarily from: China ($1.04B), Singapore ($117M), Japan ($106M), Chinese Taipei ($103M), and United Arab Emirates ($57.1M).

The fastest growing import markets in Mirrors and Lenses for Hong Kong between 2021 and 2022 were China ($164M), Philippines ($3.85M), and Australia ($2.55M).

COMPANIES In 2023, leading companies such as StarTech (3) were at the forefront of shipping Mirrors and Lenses from Hong Kong to the United States.

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 Mirrors and Lenses. 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)$110M
IMPORTS (2022)$1.57B
NET TRADE (2022)-$1.46B

In 2022, Hong Kong exported $110M in Mirrors and Lenses. The main destinations of Hong Kong exports on Mirrors and Lenses were China ($47.4M), India ($9.88M), Netherlands ($7.78M), Philippines ($7.35M), and Mexico ($5.28M).

In 2022, Hong Kong imported $1.57B in Mirrors and Lenses, mainly from China ($1.04B), Singapore ($117M), Japan ($106M), Chinese Taipei ($103M), and United Arab Emirates ($57.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mirrors and Lenses EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$25.7M (118%)
India$3.63M (58.1%)
Bangladesh$1.7M (5.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mirrors and Lenses BY Hong Kong WERE (2021 - 2022):
Vietnam-$30.4M (-95%)
Netherlands-$11.3M (-59.2%)
Philippines-$7.72M (-51.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Mirrors and Lenses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.49M
TOP IMPORT POTENTIALThailand+ $12.4M

Mirrors and Lenses’s highest export potential is China. With an export gap of $8.49M.   Mirrors and Lenses’s highest import potential is Thailand with an import gap of $12.4M.

See methodology.

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