2023
Exports
$1.32BWorld Rnk 8 / 213
Flag Rnk 11 / 1181
2023
PRODUCT COMPLEXITY IN Telephones
0.76Rnk 264 / 1025
2023
Imports
$9.11BWorld Rnk 2 / 222
Flag Rnk 11 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.32B in Telephones, making it the 8th largest exporter of Telephones in the world. At the same year, Telephones was the 11th most exported product in Hong Kong. The main destination of Telephones exports from Hong Kong are: Vietnam ($242M), Indonesia ($222M), Brazil ($184M), Bangladesh ($169M), and South Korea ($86M).

The fastest growing export markets for Telephones of Hong Kong between 2022 and 2023 were Brazil ($148M), South Korea ($76.8M), and Japan ($18.4M).

Imports In 2023, Hong Kong imported $9.11B in Telephones, becoming the 2nd largest importer of Telephones in the world. At the same year, Telephones was the 11th most imported product in Hong Kong. Hong Kong imports Telephones primarily from: China ($6.32B), Vietnam ($613M), South Korea ($534M), Japan ($432M), and Thailand ($273M).

The fastest growing import markets in Telephones for Hong Kong between 2022 and 2023 were Singapore ($54.4M), Thailand ($46.4M), and India ($31M).

COMPANIES In 2024, leading companies such as Asus Computer (20), Wistron (7), and TE Connectivity (6) were at the forefront of shipping Telephones 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 Telephones. 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)$1.32B
IMPORTS (2023)$9.11B
NET TRADE (2023)-$7.78B

In 2023, Hong Kong exported $1.32B in Telephones. The main destinations of Hong Kong exports on Telephones were Vietnam ($242M), Indonesia ($222M), Brazil ($184M), Bangladesh ($169M), and South Korea ($86M).

In 2023, Hong Kong imported $9.11B in Telephones, mainly from China ($6.32B), Vietnam ($613M), South Korea ($534M), Japan ($432M), and Thailand ($273M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Brazil$148M (418%)
South Korea$76.8M (837%)
Japan$18.4M (111%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Hong Kong WERE (2022 - 2023):
India-$975M (-96.2%)
Vietnam-$81.9M (-25.3%)
Bangladesh-$75.6M (-30.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Telephones were:
In 2023, Hong Kong's main importing competitors in Telephones were:
India $10.3B
Vietnam $6.47B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $404M
TOP IMPORT POTENTIALChina+ $1.86B

Telephones’s highest export potential is China. With an export gap of $404M.   Telephones’s highest import potential is China with an import gap of $1.86B.

See methodology.

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