2022
Exports
$58.5MWorld Rnk 37 / 177
Flag Rnk 191 / 1177
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$277MWorld Rnk 22 / 219
Flag Rnk 159 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $58.5M in Iron Blocks, making it the 37th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 191st most exported product in Hong Kong. The main destination of Iron Blocks exports from Hong Kong are: China ($24.8M), Canada ($14.3M), Macau ($9.51M), Israel ($2.23M), and Malaysia ($1.82M).

The fastest growing export markets for Iron Blocks of Hong Kong between 2021 and 2022 were Canada ($4.87M), Israel ($1.61M), and Indonesia ($1.41M).

Imports In 2022, Hong Kong imported $277M in Iron Blocks, becoming the 22nd largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 159th most imported product in Hong Kong. Hong Kong imports Iron Blocks primarily from: China ($166M), Chinese Taipei ($55M), Thailand ($21M), Japan ($14M), and South Korea ($5.22M).

The fastest growing import markets in Iron Blocks for Hong Kong between 2021 and 2022 were China ($73.4M), Chinese Taipei ($2.67M), and United Arab Emirates ($1.8M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1) were at the forefront of shipping Iron Blocks from Hong Kong to the United States.

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 Iron Blocks. 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)$58.5M
IMPORTS (2022)$277M
NET TRADE (2022)-$219M

In 2022, Hong Kong exported $58.5M in Iron Blocks. The main destinations of Hong Kong exports on Iron Blocks were China ($24.8M), Canada ($14.3M), Macau ($9.51M), Israel ($2.23M), and Malaysia ($1.82M).

In 2022, Hong Kong imported $277M in Iron Blocks, mainly from China ($166M), Chinese Taipei ($55M), Thailand ($21M), Japan ($14M), and South Korea ($5.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Canada$4.87M (51.5%)
Israel$1.61M (261%)
Indonesia$1.41M (986%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Hong Kong WERE (2021 - 2022):
China-$6.5M (-20.8%)
Macau-$2.26M (-19.2%)
Malaysia-$694k (-27.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Hong Kong's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.11M
TOP IMPORT POTENTIALChina+ $5.5M

Iron Blocks’s highest export potential is China. With an export gap of $1.11M.   Iron Blocks’s highest import potential is China with an import gap of $5.5M.

See methodology.

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