2022
Exports
$27.9MWorld Rnk 11 / 133
Flag Rnk 289 / 1177
2022
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories
0.98Rnk 178 / 1025
2022
Imports
$297MWorld Rnk 1 / 199
Flag Rnk 149 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $27.9M in Audio and Video Recording Accessories, making it the 11th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 289th most exported product in Hong Kong. The main destination of Audio and Video Recording Accessories exports from Hong Kong are: India ($10.3M), China ($7.41M), Mexico ($2.28M), Japan ($1.77M), and Vietnam ($1.54M).

The fastest growing export markets for Audio and Video Recording Accessories of Hong Kong between 2021 and 2022 were Japan ($1.22M), Portugal ($228k), and Vietnam ($179k).

Imports In 2022, Hong Kong imported $297M in Audio and Video Recording Accessories, becoming the 1st largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 149th most imported product in Hong Kong. Hong Kong imports Audio and Video Recording Accessories primarily from: United States ($180M), China ($87M), Malaysia ($10M), Japan ($6.08M), and Indonesia ($3.15M).

The fastest growing import markets in Audio and Video Recording Accessories for Hong Kong between 2021 and 2022 were Mexico ($1.2M), Denmark ($552k), and Philippines ($259k).

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 Audio and Video Recording Accessories. 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)$27.9M
IMPORTS (2022)$297M
NET TRADE (2022)-$269M

In 2022, Hong Kong exported $27.9M in Audio and Video Recording Accessories. The main destinations of Hong Kong exports on Audio and Video Recording Accessories were India ($10.3M), China ($7.41M), Mexico ($2.28M), Japan ($1.77M), and Vietnam ($1.54M).

In 2022, Hong Kong imported $297M in Audio and Video Recording Accessories, mainly from United States ($180M), China ($87M), Malaysia ($10M), Japan ($6.08M), and Indonesia ($3.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Japan$1.22M (223%)
Portugal$228k (3.15k%)
Vietnam$179k (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Hong Kong WERE (2021 - 2022):
Malaysia-$18.1M (-94.7%)
Mexico-$10.7M (-82.5%)
China-$7.1M (-48.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Audio and Video Recording Accessories were:
In 2022, Hong Kong's main importing competitors in Audio and Video Recording Accessories were:

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Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.23M
TOP IMPORT POTENTIALIndonesia+ $1.24M

Audio and Video Recording Accessories’s highest export potential is China. With an export gap of $1.23M.   Audio and Video Recording Accessories’s highest import potential is Indonesia with an import gap of $1.24M.

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