2022
Exports
$240MWorld Rnk 15 / 198
Flag Rnk 67 / 1177
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.88Rnk 215 / 1025
2022
Imports
$1.53BWorld Rnk 2 / 214
Flag Rnk 41 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $240M in Electrical Resistors, making it the 15th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 67th most exported product in Hong Kong. The main destination of Electrical Resistors exports from Hong Kong are: Vietnam ($53.5M), India ($47M), China ($24.3M), Malaysia ($23.3M), and Philippines ($17.2M).

The fastest growing export markets for Electrical Resistors of Hong Kong between 2021 and 2022 were United States ($7.03M), Poland ($4.46M), and Macau ($3.72M).

Imports In 2022, Hong Kong imported $1.53B in Electrical Resistors, becoming the 2nd largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 41st most imported product in Hong Kong. Hong Kong imports Electrical Resistors primarily from: China ($930M), Japan ($137M), Chinese Taipei ($131M), United States ($64.9M), and Singapore ($38.1M).

The fastest growing import markets in Electrical Resistors for Hong Kong between 2021 and 2022 were United States ($4.07M), Malaysia ($3.5M), and France ($2.9M).

COMPANIES In 2023, leading companies such as Panasonic (28), Danfoss (13), and Mahle Behr (7) were at the forefront of shipping Electrical Resistors from Hong Kong to the United States.

Latest Trends

Oct 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 Resistors. 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)$240M
IMPORTS (2022)$1.53B
NET TRADE (2022)-$1.29B

In 2022, Hong Kong exported $240M in Electrical Resistors. The main destinations of Hong Kong exports on Electrical Resistors were Vietnam ($53.5M), India ($47M), China ($24.3M), Malaysia ($23.3M), and Philippines ($17.2M).

In 2022, Hong Kong imported $1.53B in Electrical Resistors, mainly from China ($930M), Japan ($137M), Chinese Taipei ($131M), United States ($64.9M), and Singapore ($38.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$7.03M (963%)
Poland$4.46M (1.35k%)
Macau$3.72M (367%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Hong Kong WERE (2021 - 2022):
Vietnam-$20.1M (-27.3%)
China-$18.5M (-43.3%)
Bangladesh-$9.79M (-96.2%)

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 Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Hong Kong's main importing competitors in Electrical Resistors were:

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16.2M
TOP IMPORT POTENTIALPhilippines+ $13.3M

Electrical Resistors’s highest export potential is China. With an export gap of $16.2M.   Electrical Resistors’s highest import potential is Philippines with an import gap of $13.3M.

See methodology.

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