2023
Exports
$487MWorld Rnk 14 / 214
Flag Rnk 36 / 1181
2023
PRODUCT COMPLEXITY IN Microphones and Headphones
0.7Rnk 284 / 1025
2023
Imports
$1.64BWorld Rnk 8 / 222
Flag Rnk 40 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $487M in Microphones and Headphones, making it the 14th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 36th most exported product in Hong Kong. The main destination of Microphones and Headphones exports from Hong Kong are: South Korea ($83.1M), Vietnam ($76.2M), Netherlands ($55.1M), Russia ($48.3M), and Philippines ($19M).

The fastest growing export markets for Microphones and Headphones of Hong Kong between 2022 and 2023 were South Korea ($80M), Vietnam ($73.3M), and Russia ($27.4M).

Imports In 2023, Hong Kong imported $1.64B in Microphones and Headphones, becoming the 8th largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 40th most imported product in Hong Kong. Hong Kong imports Microphones and Headphones primarily from: China ($1.11B), Malaysia ($126M), Vietnam ($78.9M), United States ($62.6M), and Germany ($42.5M).

The fastest growing import markets in Microphones and Headphones for Hong Kong between 2022 and 2023 were United States ($13.8M), India ($1.59M), and Philippines ($1.54M).

COMPANIES In 2024, leading companies such as YAMAHA CORPORATION OF AMERICA (72), Cloud Network Technology (35), and Wistron (18) were at the forefront of shipping Microphones and Headphones from Hong Kong to the United States.

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 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 (2023)$487M
IMPORTS (2023)$1.64B
NET TRADE (2023)-$1.15B

In 2023, Hong Kong exported $487M in Microphones and Headphones. The main destinations of Hong Kong exports on Microphones and Headphones were South Korea ($83.1M), Vietnam ($76.2M), Netherlands ($55.1M), Russia ($48.3M), and Philippines ($19M).

In 2023, Hong Kong imported $1.64B in Microphones and Headphones, mainly from China ($1.11B), Malaysia ($126M), Vietnam ($78.9M), United States ($62.6M), and Germany ($42.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
South Korea$80M (2.62k%)
Vietnam$73.3M (2.53k%)
Russia$27.4M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY Hong Kong WERE (2022 - 2023):
China-$272M (-94.7%)
India-$133M (-90.1%)
Netherlands-$22.9M (-29.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Microphones and Headphones were:
China $23.3B
Vietnam $7.38B
In 2023, 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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