2022
Exports
$5.59MWorld Rnk 12 / 110
Flag Rnk 605 / 1177
2022
PRODUCT COMPLEXITY IN Time Switches
0.78Rnk 256 / 1025
2022
Imports
$1.82MWorld Rnk 46 / 198
Flag Rnk 960 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.59M in Time Switches, making it the 12th largest exporter of Time Switches in the world. At the same year, Time Switches was the 605th most exported product in Hong Kong. The main destination of Time Switches exports from Hong Kong are: United States ($3.9M), Germany ($330k), Malaysia ($278k), China ($202k), and Philippines ($167k).

The fastest growing export markets for Time Switches of Hong Kong between 2021 and 2022 were Germany ($120k), Philippines ($92.3k), and United Kingdom ($87.3k).

Imports In 2022, Hong Kong imported $1.82M in Time Switches, becoming the 46th largest importer of Time Switches in the world. At the same year, Time Switches was the 960th most imported product in Hong Kong. Hong Kong imports Time Switches primarily from: China ($1.06M), France ($200k), Japan ($97.9k), United States ($85.4k), and Australia ($83.5k).

The fastest growing import markets in Time Switches for Hong Kong between 2021 and 2022 were Australia ($83.5k), Sweden ($47.7k), and Denmark ($47k).

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 Time Switches. 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)$5.59M
IMPORTS (2022)$1.82M
NET TRADE (2022)$3.76M

In 2022, Hong Kong exported $5.59M in Time Switches. The main destinations of Hong Kong exports on Time Switches were United States ($3.9M), Germany ($330k), Malaysia ($278k), China ($202k), and Philippines ($167k).

In 2022, Hong Kong imported $1.82M in Time Switches, mainly from China ($1.06M), France ($200k), Japan ($97.9k), United States ($85.4k), and Australia ($83.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Germany$120k (57.1%)
Philippines$92.3k (124%)
United Kingdom$87.3k (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Hong Kong WERE (2021 - 2022):
United States-$10.7M (-73.3%)
United Arab Emirates-$290k (-83.1%)
Australia-$284k (-83.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $131k
TOP IMPORT POTENTIALChina+ $515k

Time Switches’s highest export potential is China. With an export gap of $131k.   Time Switches’s highest import potential is China with an import gap of $515k.

See methodology.

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