2022
Exports
$839MWorld Rnk 10 / 216
Flag Rnk 21 / 1177
2022
PRODUCT COMPLEXITY IN Microphones and Headphones
0.78Rnk 254 / 1025
2022
Imports
$1.81BWorld Rnk 5 / 222
Flag Rnk 35 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $839M in Microphones and Headphones, making it the 10th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 21st most exported product in Hong Kong. The main destination of Microphones and Headphones exports from Hong Kong are: China ($309M), India ($147M), Netherlands ($78.1M), Philippines ($28.1M), and Australia ($26.1M).

The fastest growing export markets for Microphones and Headphones of Hong Kong between 2021 and 2022 were India ($21.8M), Russia ($15.3M), and Philippines ($6.36M).

Imports In 2022, Hong Kong imported $1.81B in Microphones and Headphones, becoming the 5th largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 35th most imported product in Hong Kong. Hong Kong imports Microphones and Headphones primarily from: China ($1.19B), Malaysia ($190M), Vietnam ($78.2M), United States ($49.3M), and Chinese Taipei ($49.2M).

The fastest growing import markets in Microphones and Headphones for Hong Kong between 2021 and 2022 were United Kingdom ($2.83M), South Korea ($2.34M), and Austria ($1.75M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (72), Cloud Network Technology (46), and Robert Bosch (30) were at the forefront of shipping Microphones and Headphones 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 Microphones and Headphones. 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)$839M
IMPORTS (2022)$1.81B
NET TRADE (2022)-$967M

In 2022, Hong Kong exported $839M in Microphones and Headphones. The main destinations of Hong Kong exports on Microphones and Headphones were China ($309M), India ($147M), Netherlands ($78.1M), Philippines ($28.1M), and Australia ($26.1M).

In 2022, Hong Kong imported $1.81B in Microphones and Headphones, mainly from China ($1.19B), Malaysia ($190M), Vietnam ($78.2M), United States ($49.3M), and Chinese Taipei ($49.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
India$21.8M (17.4%)
Russia$15.3M (273%)
Philippines$6.36M (29.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY Hong Kong WERE (2021 - 2022):
Poland-$175M (-88.8%)
China-$60M (-16.3%)
Netherlands-$57.5M (-42.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Microphones and Headphones were:
China $24.4B
Vietnam $3.65B
Germany $2.71B
In 2022, Hong Kong's main importing competitors in Microphones and Headphones were:

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Trade Value of Microphones and Headphones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $66.6M
TOP IMPORT POTENTIALChina+ $292M

Microphones and Headphones’s highest export potential is China. With an export gap of $66.6M.   Microphones and Headphones’s highest import potential is China with an import gap of $292M.

See methodology.

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