2022
Exports
$33.1MWorld Rnk 13 / 127
Flag Rnk 263 / 1177
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$49.3MWorld Rnk 11 / 202
Flag Rnk 405 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $33.1M in Vending Machines, making it the 13th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 263rd most exported product in Hong Kong. The main destination of Vending Machines exports from Hong Kong are: Mexico ($12.1M), United States ($8.15M), Japan ($6.63M), United Kingdom ($1.67M), and Germany ($1.07M).

The fastest growing export markets for Vending Machines of Hong Kong between 2021 and 2022 were United States ($7.87M), Japan ($6.46M), and Mexico ($5.48M).

Imports In 2022, Hong Kong imported $49.3M in Vending Machines, becoming the 11th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 405th most imported product in Hong Kong. Hong Kong imports Vending Machines primarily from: China ($43.7M), Japan ($2.12M), Poland ($643k), Chinese Taipei ($396k), and United States ($280k).

The fastest growing import markets in Vending Machines for Hong Kong between 2021 and 2022 were China ($14.9M), South Korea ($252k), and Poland ($213k).

Latest Trends

Oct 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 Vending Machines. 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)$33.1M
IMPORTS (2022)$49.3M
NET TRADE (2022)-$16.3M

In 2022, Hong Kong exported $33.1M in Vending Machines. The main destinations of Hong Kong exports on Vending Machines were Mexico ($12.1M), United States ($8.15M), Japan ($6.63M), United Kingdom ($1.67M), and Germany ($1.07M).

In 2022, Hong Kong imported $49.3M in Vending Machines, mainly from China ($43.7M), Japan ($2.12M), Poland ($643k), Chinese Taipei ($396k), and United States ($280k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$7.87M (2.83k%)
Japan$6.46M (3.81k%)
Mexico$5.48M (83.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Hong Kong WERE (2021 - 2022):
China-$16.4M (-94.5%)
Argentina-$528k (-90.3%)
United Kingdom-$392k (-19%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $531k
TOP IMPORT POTENTIALItaly+ $405k

Vending Machines’s highest export potential is Germany. With an export gap of $531k.   Vending Machines’s highest import potential is Italy with an import gap of $405k.

See methodology.

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