2022
Exports
$46.6MWorld Rnk 52 / 175
Flag Rnk 223 / 1177
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$28.2MWorld Rnk 82 / 218
Flag Rnk 508 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $46.6M in Aluminium Bars, making it the 52nd largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 223rd most exported product in Hong Kong. The main destination of Aluminium Bars exports from Hong Kong are: Israel ($19.3M), China ($5.08M), Lithuania ($3.44M), Philippines ($1.43M), and Brazil ($1.42M).

The fastest growing export markets for Aluminium Bars of Hong Kong between 2021 and 2022 were Israel ($4.7M), China ($3.71M), and Philippines ($1.22M).

Imports In 2022, Hong Kong imported $28.2M in Aluminium Bars, becoming the 82nd largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 508th most imported product in Hong Kong. Hong Kong imports Aluminium Bars primarily from: China ($12.6M), Russia ($4.06M), Chinese Taipei ($3.95M), Thailand ($1.1M), and United States ($935k).

The fastest growing import markets in Aluminium Bars for Hong Kong between 2021 and 2022 were Russia ($4.04M), Vietnam ($826k), and Belgium ($587k).

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 Aluminium Bars. 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)$46.6M
IMPORTS (2022)$28.2M
NET TRADE (2022)$18.3M

In 2022, Hong Kong exported $46.6M in Aluminium Bars. The main destinations of Hong Kong exports on Aluminium Bars were Israel ($19.3M), China ($5.08M), Lithuania ($3.44M), Philippines ($1.43M), and Brazil ($1.42M).

In 2022, Hong Kong imported $28.2M in Aluminium Bars, mainly from China ($12.6M), Russia ($4.06M), Chinese Taipei ($3.95M), Thailand ($1.1M), and United States ($935k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$4.7M (32.2%)
China$3.71M (269%)
Philippines$1.22M (591%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Hong Kong WERE (2021 - 2022):
Costa Rica-$1.92M (-99.9%)
Malaysia-$1.77M (-74%)
South Africa-$1.74M (-97.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Hong Kong's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.15M
TOP IMPORT POTENTIALChina+ $7.55M

Aluminium Bars’s highest export potential is China. With an export gap of $3.15M.   Aluminium Bars’s highest import potential is China with an import gap of $7.55M.

See methodology.

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