2023
Exports
$2.28MWorld Rnk 38 / 161
Flag Rnk 747 / 1181
2023
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.61Rnk 32 / 1025
2023
Imports
$5.31MWorld Rnk 56 / 210
Flag Rnk 795 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $2.28M in Metal Finishing Machines, making it the 38th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 747th most exported product in Hong Kong. The main destination of Metal Finishing Machines exports from Hong Kong are: China ($1.36M), Thailand ($177k), Japan ($107k), Indonesia ($97.3k), and Malaysia ($72.3k).

The fastest growing export markets for Metal Finishing Machines of Hong Kong between 2022 and 2023 were Thailand ($119k), Indonesia ($89.4k), and Poland ($44.5k).

Imports In 2023, Hong Kong imported $5.31M in Metal Finishing Machines, becoming the 56th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 795th most imported product in Hong Kong. Hong Kong imports Metal Finishing Machines primarily from: Switzerland ($2.51M), China ($834k), Germany ($655k), United States ($378k), and Chinese Taipei ($326k).

The fastest growing import markets in Metal Finishing Machines for Hong Kong between 2022 and 2023 were Switzerland ($1.36M), United States ($199k), and Italy ($152k).

Latest Trends

Dec 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 Metal Finishing Machines. 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 (2023)$2.28M
IMPORTS (2023)$5.31M
NET TRADE (2023)-$3.03M

In 2023, Hong Kong exported $2.28M in Metal Finishing Machines. The main destinations of Hong Kong exports on Metal Finishing Machines were China ($1.36M), Thailand ($177k), Japan ($107k), Indonesia ($97.3k), and Malaysia ($72.3k).

In 2023, Hong Kong imported $5.31M in Metal Finishing Machines, mainly from Switzerland ($2.51M), China ($834k), Germany ($655k), United States ($378k), and Chinese Taipei ($326k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Thailand$119k (208%)
Indonesia$89.4k (1.13k%)
Poland$44.5k (21.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Hong Kong WERE (2022 - 2023):
China-$970k (-41.7%)
India-$963k (-94.9%)
Italy-$250k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Metal Finishing Machines were:
In 2023, Hong Kong's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.92M
TOP IMPORT POTENTIALChina+ $1.28M

Metal Finishing Machines’s highest export potential is China. With an export gap of $1.92M.   Metal Finishing Machines’s highest import potential is China with an import gap of $1.28M.

See methodology.

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