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Exports In 2022, Hong Kong exported $4.99M in Time Recording Instruments, making it the 11th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 638th most exported product in Hong Kong. The main destination of Time Recording Instruments exports from Hong Kong are: Japan ($862k), Denmark ($558k), Israel ($369k), Netherlands ($362k), and Bulgaria ($357k).

The fastest growing export markets for Time Recording Instruments of Hong Kong between 2021 and 2022 were Israel ($318k), Saudi Arabia ($311k), and Japan ($303k).

Imports In 2022, Hong Kong imported $16.4M in Time Recording Instruments, becoming the 5th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 610th most imported product in Hong Kong. Hong Kong imports Time Recording Instruments primarily from: China ($12.6M), Chinese Taipei ($2.26M), United States ($963k), Netherlands ($151k), and Spain ($99.8k).

The fastest growing import markets in Time Recording Instruments for Hong Kong between 2021 and 2022 were United States ($840k), China ($484k), and Spain ($52.3k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Time Recording Instruments from Hong Kong to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Time Recording Instruments. 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)$4.99M
IMPORTS (2022)$16.4M
NET TRADE (2022)-$11.4M

In 2022, Hong Kong exported $4.99M in Time Recording Instruments. The main destinations of Hong Kong exports on Time Recording Instruments were Japan ($862k), Denmark ($558k), Israel ($369k), Netherlands ($362k), and Bulgaria ($357k).

In 2022, Hong Kong imported $16.4M in Time Recording Instruments, mainly from China ($12.6M), Chinese Taipei ($2.26M), United States ($963k), Netherlands ($151k), and Spain ($99.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$318k (622%)
Saudi Arabia$311k (944%)
Japan$303k (54.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Hong Kong WERE (2021 - 2022):
Denmark-$2.87M (-83.7%)
United States-$1.6M (-93.5%)
United Kingdom-$575k (-83.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Hong Kong's main exporting competitors in Time Recording Instruments were:
In 2022, Hong Kong's main importing competitors in Time Recording Instruments were:

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $117k
TOP IMPORT POTENTIALChina+ $594k

Time Recording Instruments’s highest export potential is United States. With an export gap of $117k.   Time Recording Instruments’s highest import potential is China with an import gap of $594k.

See methodology.

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