2022
Exports
$811kWorld Rnk 60 / 135
Flag Rnk 905 / 1177
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$2.57MWorld Rnk 97 / 213
Flag Rnk 924 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $811k in Asphalt, making it the 60th largest exporter of Asphalt in the world. At the same year, Asphalt was the 905th most exported product in Hong Kong. The main destination of Asphalt exports from Hong Kong are: Macau ($638k), Vietnam ($75.6k), India ($28.6k), Kenya ($15.8k), and South Korea ($13.3k).

The fastest growing export markets for Asphalt of Hong Kong between 2021 and 2022 were Macau ($33.7k), India ($28.6k), and Kenya ($15.8k).

Imports In 2022, Hong Kong imported $2.57M in Asphalt, becoming the 97th largest importer of Asphalt in the world. At the same year, Asphalt was the 924th most imported product in Hong Kong. Hong Kong imports Asphalt primarily from: United States ($752k), Italy ($413k), Egypt ($216k), South Korea ($206k), and United Arab Emirates ($193k).

The fastest growing import markets in Asphalt for Hong Kong between 2021 and 2022 were Singapore ($108k), Malaysia ($82k), and Indonesia ($75.5k).

Latest Trends

Sep 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 Asphalt. 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)$811k
IMPORTS (2022)$2.57M
NET TRADE (2022)-$1.76M

In 2022, Hong Kong exported $811k in Asphalt. The main destinations of Hong Kong exports on Asphalt were Macau ($638k), Vietnam ($75.6k), India ($28.6k), Kenya ($15.8k), and South Korea ($13.3k).

In 2022, Hong Kong imported $2.57M in Asphalt, mainly from United States ($752k), Italy ($413k), Egypt ($216k), South Korea ($206k), and United Arab Emirates ($193k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Macau$33.7k (5.57%)
India$28.6k (1%)
Kenya$15.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Hong Kong WERE (2021 - 2022):
Vietnam-$33.9k (-31%)
Bolivia-$20.7k (-100%)
South Africa-$18.1k (-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 Asphalt were:
In 2022, Hong Kong's main importing competitors in Asphalt were:

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $18k
TOP IMPORT POTENTIALChina+ $167k

Asphalt’s highest export potential is India. With an export gap of $18k.   Asphalt’s highest import potential is China with an import gap of $167k.

See methodology.

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