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Exports In 2022, Hong Kong exported $2.78k in Nitric Acids, making it the 88th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1154th most exported product in Hong Kong. The main destination of Nitric Acids exports from Hong Kong are: Macau ($1.92k) and Israel ($869).

The fastest growing export markets for Nitric Acids of Hong Kong between 2021 and 2022 were Israel ($869).

Imports In 2022, Hong Kong imported $469k in Nitric Acids, becoming the 84th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 1087th most imported product in Hong Kong. Hong Kong imports Nitric Acids primarily from: South Korea ($231k), China ($55.9k), United Kingdom ($49.8k), Germany ($43k), and Malaysia ($27.2k).

The fastest growing import markets in Nitric Acids for Hong Kong between 2021 and 2022 were South Korea ($106k), United Kingdom ($24.5k), and Malaysia ($16.1k).

Latest Trends

Sep 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 Nitric Acids. 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)$2.78k
IMPORTS (2022)$469k
NET TRADE (2022)-$466k

In 2022, Hong Kong exported $2.78k in Nitric Acids. The main destinations of Hong Kong exports on Nitric Acids were Macau ($1.92k) and Israel ($869).

In 2022, Hong Kong imported $469k in Nitric Acids, mainly from South Korea ($231k), China ($55.9k), United Kingdom ($49.8k), Germany ($43k), and Malaysia ($27.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):Israel$869 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Hong Kong WERE (2021 - 2022):
South Korea-$18.5k (-100%)
China-$7.39k (-100%)
Macau-$1.74k (-47.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Nitric Acids were:
In 2022, Hong Kong's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $525
TOP IMPORT POTENTIALChina+ $45.6k

Nitric Acids’s highest export potential is China. With an export gap of $525.   Nitric Acids’s highest import potential is China with an import gap of $45.6k.

See methodology.

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