2023
Exports
$4.9MWorld Rnk 21 / 132
Flag Rnk 601 / 1181
2023
PRODUCT COMPLEXITY IN Photo Lab Equipment
1.85Rnk 9 / 1025
2023
Imports
$6MWorld Rnk 27 / 206
Flag Rnk 773 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $4.9M in Photo Lab Equipment, making it the 21st largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 601st most exported product in Hong Kong. The main destination of Photo Lab Equipment exports from Hong Kong are: Philippines ($1.92M), China ($840k), United States ($264k), Japan ($242k), and Netherlands ($219k).

The fastest growing export markets for Photo Lab Equipment of Hong Kong between 2022 and 2023 were Nigeria ($181k), Guatemala ($86.3k), and United States ($80.1k).

Imports In 2023, Hong Kong imported $6M in Photo Lab Equipment, becoming the 27th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 773rd most imported product in Hong Kong. Hong Kong imports Photo Lab Equipment primarily from: Singapore ($1.51M), Chinese Taipei ($1.01M), China ($647k), Germany ($601k), and United States ($519k).

The fastest growing import markets in Photo Lab Equipment for Hong Kong between 2022 and 2023 were Singapore ($325k), Italy ($207k), and Germany ($195k).

Latest Trends

Jan 2025

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 Photo Lab Equipment. 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)$4.9M
IMPORTS (2023)$6M
NET TRADE (2023)-$1.1M

In 2023, Hong Kong exported $4.9M in Photo Lab Equipment. The main destinations of Hong Kong exports on Photo Lab Equipment were Philippines ($1.92M), China ($840k), United States ($264k), Japan ($242k), and Netherlands ($219k).

In 2023, Hong Kong imported $6M in Photo Lab Equipment, mainly from Singapore ($1.51M), Chinese Taipei ($1.01M), China ($647k), Germany ($601k), and United States ($519k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Nigeria$181k (1.09k%)
Guatemala$86.3k (1%)
United States$80.1k (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Hong Kong WERE (2022 - 2023):
Philippines-$8.35M (-81.3%)
China-$5.37M (-86.5%)
Chinese Taipei-$2.75M (-98.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Photo Lab Equipment were:
In 2023, Hong Kong's main importing competitors in Photo Lab Equipment were:

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Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.61M
TOP IMPORT POTENTIALChina+ $1.12M

Photo Lab Equipment’s highest export potential is China. With an export gap of $1.61M.   Photo Lab Equipment’s highest import potential is China with an import gap of $1.12M.

See methodology.

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