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Exports In 2022, Hong Kong exported $19.4M in Tool plates/tips/etc, sintered metal carbide & cermet, making it the 26th largest exporter of Tool plates/tips/etc, sintered metal carbide & cermet in the world. At the same year, Tool plates/tips/etc, sintered metal carbide & cermet was the 493rd most exported product in Hong Kong. The main destination of Tool plates/tips/etc, sintered metal carbide & cermet exports from Hong Kong are: China ($15.2M), India ($1.08M), Vietnam ($980k), Malaysia ($338k), and Brazil ($246k).

The fastest growing export markets for Tool plates/tips/etc, sintered metal carbide & cermet of Hong Kong between 2021 and 2022 were China ($3.26M), Vietnam ($838k), and Brazil ($130k).

Imports In 2022, Hong Kong imported $33.1M in Tool plates/tips/etc, sintered metal carbide & cermet, becoming the 33rd largest importer of Tool plates/tips/etc, sintered metal carbide & cermet in the world. At the same year, Tool plates/tips/etc, sintered metal carbide & cermet was the 793rd most imported product in Hong Kong. Hong Kong imports Tool plates/tips/etc, sintered metal carbide & cermet primarily from: Japan ($13.1M), China ($9.33M), Ireland ($4.97M), Singapore ($3.36M), and United States ($462k).

The fastest growing import markets in Tool plates/tips/etc, sintered metal carbide & cermet for Hong Kong between 2021 and 2022 were China ($775k), Chinese Taipei ($335k), and Czechia ($305k).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1.2k), Panasonic (659), and John Deere (460) were at the forefront of shipping Tool plates/tips/etc, sintered metal carbide & cermet from Hong Kong to the United States.

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 Tool plates/tips/etc, sintered metal carbide & cermet. 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)$19.4M
IMPORTS (2022)$33.1M
NET TRADE (2022)-$13.8M

In 2022, Hong Kong exported $19.4M in Tool plates/tips/etc, sintered metal carbide & cermet. The main destinations of Hong Kong exports on Tool plates/tips/etc, sintered metal carbide & cermet were China ($15.2M), India ($1.08M), Vietnam ($980k), Malaysia ($338k), and Brazil ($246k).

In 2022, Hong Kong imported $33.1M in Tool plates/tips/etc, sintered metal carbide & cermet, mainly from Japan ($13.1M), China ($9.33M), Ireland ($4.97M), Singapore ($3.36M), and United States ($462k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool plates/tips/etc, sintered metal carbide & cermet EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$3.26M (27.3%)
Vietnam$838k (591%)
Brazil$130k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool plates/tips/etc, sintered metal carbide & cermet BY Hong Kong WERE (2021 - 2022):
India-$272k (-20.2%)
Iran-$254k (-100%)
Mexico-$221k (-97.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Tool plates/tips/etc, sintered metal carbide & cermet were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Hong Kong's main importing competitors in Tool plates/tips/etc, sintered metal carbide & cermet were:

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Trade Value of Tool plates/tips/etc, sintered metal carbide & cermet by Exporters

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