2022
Exports
$50.9MWorld Rnk 14 / 116
Flag Rnk 208 / 1177
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$2.37MWorld Rnk 64 / 172
Flag Rnk 936 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $50.9M in Magnesium Carbonate, making it the 14th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 208th most exported product in Hong Kong. The main destination of Magnesium Carbonate exports from Hong Kong are: United States ($29.3M), Brazil ($11.3M), Netherlands ($5.3M), India ($1.52M), and Turkey ($1.39M).

The fastest growing export markets for Magnesium Carbonate of Hong Kong between 2021 and 2022 were United States ($8.68M), Netherlands ($5.3M), and Slovakia ($1.28M).

Imports In 2022, Hong Kong imported $2.37M in Magnesium Carbonate, becoming the 64th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 936th most imported product in Hong Kong. Hong Kong imports Magnesium Carbonate primarily from: China ($2.06M), Japan ($108k), Singapore ($98k), Israel ($86k), and United States ($18.4k).

The fastest growing import markets in Magnesium Carbonate for Hong Kong between 2021 and 2022 were China ($1.67M), Singapore ($98k), and Israel ($86k).

Latest Trends

Nov 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 Magnesium Carbonate. 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)$50.9M
IMPORTS (2022)$2.37M
NET TRADE (2022)$48.5M

In 2022, Hong Kong exported $50.9M in Magnesium Carbonate. The main destinations of Hong Kong exports on Magnesium Carbonate were United States ($29.3M), Brazil ($11.3M), Netherlands ($5.3M), India ($1.52M), and Turkey ($1.39M).

In 2022, Hong Kong imported $2.37M in Magnesium Carbonate, mainly from China ($2.06M), Japan ($108k), Singapore ($98k), Israel ($86k), and United States ($18.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$8.68M (42.1%)
Netherlands$5.3M (1%)
Slovakia$1.28M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Hong Kong WERE (2021 - 2022):
North Macedonia-$952k (-100%)
China-$583k (-93.2%)
United Kingdom-$290k (-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 Magnesium Carbonate were:
In 2022, Hong Kong's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.3M
TOP IMPORT POTENTIALChina+ $1.85M

Magnesium Carbonate’s highest export potential is India. With an export gap of $1.3M.   Magnesium Carbonate’s highest import potential is China with an import gap of $1.85M.

See methodology.

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