2022
Exports
$218kWorld Rnk 44 / 96
Flag Rnk 1032 / 1177
2022
PRODUCT COMPLEXITY IN Borates
-0.2Rnk 618 / 1025
2022
Imports
$322kWorld Rnk 85 / 184
Flag Rnk 1110 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $218k in Borates, making it the 44th largest exporter of Borates in the world. At the same year, Borates was the 1032nd most exported product in Hong Kong. The main destination of Borates exports from Hong Kong are: Indonesia ($71.8k), United Kingdom ($63.7k), China ($48k), Malaysia ($23.8k), and Cambodia ($3.69k).

The fastest growing export markets for Borates of Hong Kong between 2021 and 2022 were Indonesia ($71.8k), United Kingdom ($63.7k), and Malaysia ($23.8k).

Imports In 2022, Hong Kong imported $322k in Borates, becoming the 85th largest importer of Borates in the world. At the same year, Borates was the 1110th most imported product in Hong Kong. Hong Kong imports Borates primarily from: Indonesia ($162k), China ($75.8k), Germany ($38.2k), Chinese Taipei ($26.6k), and Macau ($13.3k).

The fastest growing import markets in Borates for Hong Kong between 2021 and 2022 were Indonesia ($162k), China ($31.4k), and Macau ($13.3k).

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 Borates. 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)$218k
IMPORTS (2022)$322k
NET TRADE (2022)-$104k

In 2022, Hong Kong exported $218k in Borates. The main destinations of Hong Kong exports on Borates were Indonesia ($71.8k), United Kingdom ($63.7k), China ($48k), Malaysia ($23.8k), and Cambodia ($3.69k).

In 2022, Hong Kong imported $322k in Borates, mainly from Indonesia ($162k), China ($75.8k), Germany ($38.2k), Chinese Taipei ($26.6k), and Macau ($13.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borates EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$71.8k (1%)
United Kingdom$63.7k (1%)
Malaysia$23.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borates BY Hong Kong WERE (2021 - 2022):
China-$71.5k (-59.8%)
United States-$47.8k (-100%)
French Polynesia-$7.22k (-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 Borates were:
In 2022, Hong Kong's main importing competitors in Borates were:

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Trade Value of Borates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $105k
TOP IMPORT POTENTIALChina+ $59.4k

Borates’s highest export potential is China. With an export gap of $105k.   Borates’s highest import potential is China with an import gap of $59.4k.

See methodology.

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