2023
Exports
$6.33MWorld Rnk 11 / 118
Flag Rnk 542 / 1181
2023
PRODUCT COMPLEXITY IN Time Switches
0.85Rnk 231 / 1025
2023
Imports
$2.55MWorld Rnk 39 / 200
Flag Rnk 904 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $6.33M in Time Switches, making it the 11th largest exporter of Time Switches in the world. At the same year, Time Switches was the 542nd most exported product in Hong Kong. The main destination of Time Switches exports from Hong Kong are: United States ($3.81M), Israel ($615k), Netherlands ($371k), Spain ($347k), and China ($293k).

The fastest growing export markets for Time Switches of Hong Kong between 2022 and 2023 were Israel ($531k), Netherlands ($366k), and Spain ($302k).

Imports In 2023, Hong Kong imported $2.55M in Time Switches, becoming the 39th largest importer of Time Switches in the world. At the same year, Time Switches was the 904th most imported product in Hong Kong. Hong Kong imports Time Switches primarily from: China ($1.93M), United States ($209k), France ($127k), Germany ($62.7k), and Italy ($53.1k).

The fastest growing import markets in Time Switches for Hong Kong between 2022 and 2023 were China ($590k), United States ($187k), and Italy ($31.8k).

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 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 (2023)$6.33M
IMPORTS (2023)$2.55M
NET TRADE (2023)$3.78M

In 2023, Hong Kong exported $6.33M in Time Switches. The main destinations of Hong Kong exports on Time Switches were United States ($3.81M), Israel ($615k), Netherlands ($371k), Spain ($347k), and China ($293k).

In 2023, Hong Kong imported $2.55M in Time Switches, mainly from China ($1.93M), United States ($209k), France ($127k), Germany ($62.7k), and Italy ($53.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Israel$531k (632%)
Netherlands$366k (7.44k%)
Spain$302k (672%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Hong Kong WERE (2022 - 2023):
Germany-$314k (-95.1%)
Philippines-$155k (-93.1%)
United States-$83.7k (-2.15%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hong Kong's main exporting competitors in Time Switches were:
China $152M
Mexico $63.1M
Germany $52.8M
In 2023, 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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