2023
Exports
$2.81BWorld Rnk 15 / 222
Flag Rnk 7 / 1181
2023
PRODUCT COMPLEXITY IN Office Machine Parts
1.14Rnk 125 / 1025
2023
Imports
$23BWorld Rnk 3 / 226
Flag Rnk 4 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $2.81B in Office Machine Parts, making it the 15th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 7th most exported product in Hong Kong. The main destination of Office Machine Parts exports from Hong Kong are: Vietnam ($444M), South Korea ($438M), Netherlands ($419M), Philippines ($397M), and Russia ($317M).

The fastest growing export markets for Office Machine Parts of Hong Kong between 2022 and 2023 were Vietnam ($312M), South Korea ($272M), and Russia ($88.6M).

Imports In 2023, Hong Kong imported $23B in Office Machine Parts, becoming the 3rd largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 4th most imported product in Hong Kong. Hong Kong imports Office Machine Parts primarily from: China ($13.5B), South Korea ($1.67B), Thailand ($1.64B), Chinese Taipei ($1.39B), and Vietnam ($1.28B).

The fastest growing import markets in Office Machine Parts for Hong Kong between 2022 and 2023 were Singapore ($619M), Costa Rica ($50.6M), and Germany ($23.1M).

COMPANIES In 2024, leading companies such as Asus Computer (117), Wistron (35), and Cloud Network Technology (2) were at the forefront of shipping Office Machine Parts 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 Office Machine Parts. 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)$2.81B
IMPORTS (2023)$23B
NET TRADE (2023)-$20.2B

In 2023, Hong Kong exported $2.81B in Office Machine Parts. The main destinations of Hong Kong exports on Office Machine Parts were Vietnam ($444M), South Korea ($438M), Netherlands ($419M), Philippines ($397M), and Russia ($317M).

In 2023, Hong Kong imported $23B in Office Machine Parts, mainly from China ($13.5B), South Korea ($1.67B), Thailand ($1.64B), Chinese Taipei ($1.39B), and Vietnam ($1.28B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Vietnam$312M (237%)
South Korea$272M (163%)
Russia$88.6M (38.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Hong Kong WERE (2022 - 2023):
India-$561M (-91.8%)
Netherlands-$328M (-43.9%)
Philippines-$218M (-35.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Office Machine Parts were:
In 2023, Hong Kong's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $68.2M
TOP IMPORT POTENTIALChina+ $303M

Office Machine Parts’s highest export potential is China. With an export gap of $68.2M.   Office Machine Parts’s highest import potential is China with an import gap of $303M.

See methodology.

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