Musical instruments; parts and accessories of such articles in Hong Kong 2020 Exports | Imports : $92.3M | $114M, World Rnk 14 / 192 Rnk 62 / 96 | World Rnk 17 / 218 Rnk 80 / 96
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $52.9M | $2.7M, China | China
Exports In 2020, Hong Kong exported $92.3M in Musical instruments; parts and accessories of such articles, making it the 14th largest exporter of Musical instruments; parts and accessories of such articles in the world. At the same year, Musical instruments; parts and accessories of such articles was the 62nd most exported product in Hong Kong. The main destination of Musical instruments; parts and accessories of such articles exports from Hong Kong are: China ($59.1M), Vietnam ($9.42M), Japan ($4.11M), United States ($2.82M), and Indonesia ($2.25M).
The fastest growing export markets for Musical instruments; parts and accessories of such articles of Hong Kong between 2019 and 2020 were China ($52.9M), Japan ($2.65M), and United Kingdom ($848k).
Imports In 2020, Hong Kong imported $114M in Musical instruments; parts and accessories of such articles, becoming the 17th largest importer of Musical instruments; parts and accessories of such articles in the world. At the same year, Musical instruments; parts and accessories of such articles was the 80th most imported product in Hong Kong. Hong Kong imports Musical instruments; parts and accessories of such articles primarily from: China ($30.7M), United States ($25.3M), Japan ($15.4M), Italy ($7.36M), and Germany ($6.97M).
The fastest growing import markets in Musical instruments; parts and accessories of such articles for Hong Kong between 2019 and 2020 were China ($2.7M), Denmark ($448k), and Croatia ($364k).
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 Musical instruments; parts and accessories of such articles. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $92.3M
IMPORTS (2020): $114M
NET TRADE (2020): -$21.2M
In 2020, Hong Kong exported $92.3M in Musical instruments; parts and accessories of such articles. The main destinations of Hong Kong exports on Musical instruments; parts and accessories of such articles were China ($59.1M), Vietnam ($9.42M), Japan ($4.11M), United States ($2.82M), and Indonesia ($2.25M).
In 2020, Hong Kong imported $114M in Musical instruments; parts and accessories of such articles, mainly from China ($30.7M), United States ($25.3M), Japan ($15.4M), Italy ($7.36M), and Germany ($6.97M).
IN 2020, Hong Kong HAD A POSITIVE NET TRADE IN Musical instruments; parts and accessories of such articles WITH:
IN 2020, Hong Kong HAD A NEGATIVE NET TRADE IN Musical instruments; parts and accessories of such articles WITH:
THE FASTEST GROWING Musical instruments; parts and accessories of such articles EXPORT MARKETS FOR Hong Kong WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments; parts and accessories of such articles BY Hong Kong WERE (2019 - 2020):
In 2019, Hong Kong's main exporting competitors in Musical instruments; parts and accessories of such articles were:
In 2019, Hong Kong's main importing competitors in Musical instruments; parts and accessories of such articles were:
In 2018, the tariffs for Musical instruments; parts and accessories of such articles in the imports of Hong Kong were of 0% around the world.
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