2022
Exports
$34.2BWorld Rnk 19 / 226
Flag Rnk 1 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$348BWorld Rnk 3 / 226
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $34.2B in Electrical machinery and electronics, making it the 19th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most exported product in Hong Kong. The main destination of Electrical machinery and electronics exports from Hong Kong are: India ($7.83B), Netherlands ($3.47B), China ($2.64B), Malaysia ($2.14B), and Philippines ($1.61B).

The fastest growing export markets for Electrical machinery and electronics of Hong Kong between 2021 and 2022 were Russia ($1.1B), Saudi Arabia ($542M), and United States ($349M).

Imports In 2022, Hong Kong imported $348B in Electrical machinery and electronics, becoming the 3rd largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most imported product in Hong Kong. Hong Kong imports Electrical machinery and electronics primarily from: China ($161B), Chinese Taipei ($56.3B), Singapore ($41.3B), South Korea ($21B), and Malaysia ($16.1B).

The fastest growing import markets in Electrical machinery and electronics for Hong Kong between 2021 and 2022 were Chinese Taipei ($3.75B), Philippines ($1.29B), and Morocco ($212M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (529), Key Tronic (257), and Panasonic (211) were at the forefront of shipping Electrical machinery and electronics from Hong Kong to the United States.

Latest Trends

May 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 Electrical machinery and electronics. 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)$34.2B
IMPORTS (2022)$348B
NET TRADE (2022)-$314B

In 2022, Hong Kong exported $34.2B in Electrical machinery and electronics. The main destinations of Hong Kong exports on Electrical machinery and electronics were India ($7.83B), Netherlands ($3.47B), China ($2.64B), Malaysia ($2.14B), and Philippines ($1.61B).

In 2022, Hong Kong imported $348B in Electrical machinery and electronics, mainly from China ($161B), Chinese Taipei ($56.3B), Singapore ($41.3B), South Korea ($21B), and Malaysia ($16.1B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Russia$1.1B (664%)
Saudi Arabia$542M (1.21k%)
United States$349M (83.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Hong Kong WERE (2021 - 2022):
India-$644M (-7.6%)
Malaysia-$422M (-16.4%)
China-$314M (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Electrical machinery and electronics were:
In 2022, Hong Kong's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.37B
TOP IMPORT POTENTIALChina+ $5.68B

Electrical machinery and electronics’s highest export potential is China. With an export gap of $1.37B.   Electrical machinery and electronics’s highest import potential is China with an import gap of $5.68B.

See methodology.

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