2022
Exports
$2.36MWorld Rnk 42 / 130
Flag Rnk 763 / 1177
2022
PRODUCT COMPLEXITY IN Work Trucks
0.63Rnk 306 / 1025
2022
Imports
$6.62MWorld Rnk 43 / 208
Flag Rnk 781 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $2.36M in Work Trucks, making it the 42nd largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 763rd most exported product in Hong Kong. The main destination of Work Trucks exports from Hong Kong are: United Kingdom ($573k), Maldives ($489k), China ($309k), Philippines ($302k), and Chinese Taipei ($199k).

The fastest growing export markets for Work Trucks of Hong Kong between 2021 and 2022 were United Kingdom ($566k), Maldives ($278k), and Philippines ($259k).

Imports In 2022, Hong Kong imported $6.62M in Work Trucks, becoming the 43rd largest importer of Work Trucks in the world. At the same year, Work Trucks was the 781st most imported product in Hong Kong. Hong Kong imports Work Trucks primarily from: China ($1.53M), Germany ($1.28M), Singapore ($994k), United States ($847k), and France ($614k).

The fastest growing import markets in Work Trucks for Hong Kong between 2021 and 2022 were Singapore ($959k), Belgium ($158k), and Italy ($105k).

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 Work Trucks. 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)$2.36M
IMPORTS (2022)$6.62M
NET TRADE (2022)-$4.26M

In 2022, Hong Kong exported $2.36M in Work Trucks. The main destinations of Hong Kong exports on Work Trucks were United Kingdom ($573k), Maldives ($489k), China ($309k), Philippines ($302k), and Chinese Taipei ($199k).

In 2022, Hong Kong imported $6.62M in Work Trucks, mainly from China ($1.53M), Germany ($1.28M), Singapore ($994k), United States ($847k), and France ($614k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United Kingdom$566k (8.01k%)
Maldives$278k (132%)
Philippines$259k (596%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY Hong Kong WERE (2021 - 2022):
Belgium-$519k (-100%)
India-$331k (-99.8%)
United States-$118k (-92.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $208k
TOP IMPORT POTENTIALChina+ $958k

Work Trucks’s highest export potential is China. With an export gap of $208k.   Work Trucks’s highest import potential is China with an import gap of $958k.

See methodology.

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