2023
Exports
$24.3MWorld Rnk 11 / 127
Flag Rnk 287 / 1181
2023
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories
0.75Rnk 267 / 1025
2023
Imports
$168MWorld Rnk 1 / 194
Flag Rnk 210 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $24.3M in Audio and Video Recording Accessories, making it the 11th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 287th most exported product in Hong Kong. The main destination of Audio and Video Recording Accessories exports from Hong Kong are: United States ($14.8M), Mexico ($3.4M), Vietnam ($1.27M), China ($897k), and Philippines ($747k).

The fastest growing export markets for Audio and Video Recording Accessories of Hong Kong between 2022 and 2023 were United States ($14.4M), Mexico ($1.12M), and South Korea ($331k).

Imports In 2023, Hong Kong imported $168M in Audio and Video Recording Accessories, becoming the 1st largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 210th most imported product in Hong Kong. Hong Kong imports Audio and Video Recording Accessories primarily from: China ($107M), United States ($28.1M), Japan ($12.3M), Chinese Taipei ($7.73M), and Indonesia ($3.88M).

The fastest growing import markets in Audio and Video Recording Accessories for Hong Kong between 2022 and 2023 were China ($13.4M), Chinese Taipei ($3.53M), and Thailand ($476k).

Latest Trends

Dec 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 Audio and Video Recording Accessories. 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 (2023)$24.3M
IMPORTS (2023)$168M
NET TRADE (2023)-$143M

In 2023, Hong Kong exported $24.3M in Audio and Video Recording Accessories. The main destinations of Hong Kong exports on Audio and Video Recording Accessories were United States ($14.8M), Mexico ($3.4M), Vietnam ($1.27M), China ($897k), and Philippines ($747k).

In 2023, Hong Kong imported $168M in Audio and Video Recording Accessories, mainly from China ($107M), United States ($28.1M), Japan ($12.3M), Chinese Taipei ($7.73M), and Indonesia ($3.88M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
United States$14.4M (4.17k%)
Mexico$1.12M (49.3%)
South Korea$331k (467%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Hong Kong WERE (2022 - 2023):
India-$10.3M (-99.6%)
Japan-$1.49M (-89%)
Malaysia-$879k (-85.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Audio and Video Recording Accessories were:
In 2023, Hong Kong's main importing competitors in Audio and Video Recording Accessories were:

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Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.23M
TOP IMPORT POTENTIALIndonesia+ $1.24M

Audio and Video Recording Accessories’s highest export potential is China. With an export gap of $1.23M.   Audio and Video Recording Accessories’s highest import potential is Indonesia with an import gap of $1.24M.

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