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2022
Exports $172MWorld Rnk 27 / 200
Flag Rnk 87 / 1177
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseIndia
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $958MWorld Rnk 8 / 157
Flag Rnk 60 / 1207
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Hong Kong1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $172M in Scrap Aluminium, making it the 27th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 87th most exported product in Hong Kong. The main destination of Scrap Aluminium exports from Hong Kong are: China ($56.2M), India ($54.6M), South Korea ($20M), Vietnam ($14.2M), and Indonesia ($6.22M).

The fastest growing export markets for Scrap Aluminium of Hong Kong between 2021 and 2022 were India ($22.3M), Vietnam ($6.1M), and Indonesia ($5.99M).

Imports In 2022, Hong Kong imported $958M in Scrap Aluminium, becoming the 8th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 60th most imported product in Hong Kong. Hong Kong imports Scrap Aluminium primarily from: United States ($272M), United Kingdom ($192M), Canada ($101M), Australia ($85.4M), and Japan ($53.1M).

Latest Trends

Jul 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 Scrap Aluminium. 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)$172M
IMPORTS (2022)$958M
NET TRADE (2022)-$786M

In 2022, Hong Kong exported $172M in Scrap Aluminium. The main destinations of Hong Kong exports on Scrap Aluminium were China ($56.2M), India ($54.6M), South Korea ($20M), Vietnam ($14.2M), and Indonesia ($6.22M).

In 2022, Hong Kong imported $958M in Scrap Aluminium, mainly from United States ($272M), United Kingdom ($192M), Canada ($101M), Australia ($85.4M), and Japan ($53.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
India$22.3M (68.9%)
Vietnam$6.1M (75.8%)
Indonesia$5.99M (2.65k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Hong Kong WERE (2021 - 2022):
China-$293M (-83.9%)
Malaysia-$37.4M (-92.5%)
South Korea-$2.9M (-12.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, Hong Kong's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.9M
N/AN/AN/A

Scrap Aluminium’s highest export potential is China. With an export gap of $13.9M.   Scrap Aluminium’s highest import potential is N/A with an import gap of N/A.

See methodology.

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