2022
Exports
$167kWorld Rnk 56 / 103
Flag Rnk 1054 / 1177
2022
PRODUCT COMPLEXITY IN Other Firearms
0.16Rnk 499 / 1025
2022
Imports
$170kWorld Rnk 121 / 179
Flag Rnk 1145 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $167k in Other Firearms, making it the 56th largest exporter of Other Firearms in the world. At the same year, Other Firearms was the 1054th most exported product in Hong Kong. The main destination of Other Firearms exports from Hong Kong are: South Korea ($136k), Malaysia ($20.7k), United States ($7.49k), Philippines ($767), and Spain ($643).

The fastest growing export markets for Other Firearms of Hong Kong between 2021 and 2022 were Malaysia ($20.7k), South Korea ($14.3k), and United States ($7.49k).

Imports In 2022, Hong Kong imported $170k in Other Firearms, becoming the 121st largest importer of Other Firearms in the world. At the same year, Other Firearms was the 1145th most imported product in Hong Kong. Hong Kong imports Other Firearms primarily from: South Korea ($123k), Canada ($16.7k), Austria ($11.7k), Turkey ($7.73k), and Brazil ($3.91k).

The fastest growing import markets in Other Firearms for Hong Kong between 2021 and 2022 were Canada ($16.7k), Austria ($6.22k), and United States ($3.08k).

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 Other Firearms. 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)$167k
IMPORTS (2022)$170k
NET TRADE (2022)-$3.26k

In 2022, Hong Kong exported $167k in Other Firearms. The main destinations of Hong Kong exports on Other Firearms were South Korea ($136k), Malaysia ($20.7k), United States ($7.49k), Philippines ($767), and Spain ($643).

In 2022, Hong Kong imported $170k in Other Firearms, mainly from South Korea ($123k), Canada ($16.7k), Austria ($11.7k), Turkey ($7.73k), and Brazil ($3.91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Firearms EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Malaysia$20.7k (1%)
South Korea$14.3k (11.8%)
United States$7.49k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Firearms BY Hong Kong WERE (2021 - 2022):
China-$59.8k (-100%)
United Arab Emirates-$21.8k (-100%)
Philippines-$10.1k (-92.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Other Firearms were:
In 2022, Hong Kong's main importing competitors in Other Firearms were:

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Trade Value of Other Firearms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.7k
TOP IMPORT POTENTIALTurkey+ $14.7k

Other Firearms’s highest export potential is United States. With an export gap of $23.7k.   Other Firearms’s highest import potential is Turkey with an import gap of $14.7k.

See methodology.

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