2022
Exports
$414MWorld Rnk 42 / 210
Flag Rnk 42 / 1177
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$1.92BWorld Rnk 55 / 224
Flag Rnk 34 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $414M in Cars, making it the 42nd largest exporter of Cars in the world. At the same year, Cars was the 42nd most exported product in Hong Kong. The main destination of Cars exports from Hong Kong are: Macau ($176M), China ($77.9M), Vietnam ($37.4M), Japan ($29.9M), and United States ($20.7M).

The fastest growing export markets for Cars of Hong Kong between 2021 and 2022 were Japan ($27.4M), Vietnam ($8.94M), and United States ($7.38M).

Imports In 2022, Hong Kong imported $1.92B in Cars, becoming the 55th largest importer of Cars in the world. At the same year, Cars was the 34th most imported product in Hong Kong. Hong Kong imports Cars primarily from: China ($572M), Germany ($454M), Japan ($281M), Slovenia ($167M), and South Korea ($97.3M).

The fastest growing import markets in Cars for Hong Kong between 2021 and 2022 were China ($280M), Germany ($64.4M), and South Korea ($52.7M).

COMPANIES In 2023, leading companies such as John Deere (8) and Banana Republic (2) were at the forefront of shipping Cars from Hong Kong to the United States.

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 Cars. 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)$414M
IMPORTS (2022)$1.92B
NET TRADE (2022)-$1.5B

In 2022, Hong Kong exported $414M in Cars. The main destinations of Hong Kong exports on Cars were Macau ($176M), China ($77.9M), Vietnam ($37.4M), Japan ($29.9M), and United States ($20.7M).

In 2022, Hong Kong imported $1.92B in Cars, mainly from China ($572M), Germany ($454M), Japan ($281M), Slovenia ($167M), and South Korea ($97.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Japan$27.4M (1.08k%)
Vietnam$8.94M (31.4%)
United States$7.38M (55.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Hong Kong WERE (2021 - 2022):
China-$72.6M (-48.3%)
Netherlands-$48.9M (-98.5%)
Macau-$13.7M (-7.26%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $103M
TOP IMPORT POTENTIALChina+ $310M

Cars’s highest export potential is China. With an export gap of $103M.   Cars’s highest import potential is China with an import gap of $310M.

See methodology.

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