2023
Exports
$63.6MWorld Rnk 8 / 153
Flag Rnk 161 / 1181
2023
PRODUCT COMPLEXITY IN Binoculars and Telescopes
0.17Rnk 499 / 1025
2023
Imports
$44.7MWorld Rnk 11 / 206
Flag Rnk 402 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $63.6M in Binoculars and Telescopes, making it the 8th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 161st most exported product in Hong Kong. The main destination of Binoculars and Telescopes exports from Hong Kong are: Indonesia ($36M), Japan ($18.2M), Philippines ($4.3M), France ($1.29M), and Germany ($505k).

The fastest growing export markets for Binoculars and Telescopes of Hong Kong between 2022 and 2023 were Indonesia ($9.16M), France ($1.28M), and Japan ($998k).

Imports In 2023, Hong Kong imported $44.7M in Binoculars and Telescopes, becoming the 11th largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 402nd most imported product in Hong Kong. Hong Kong imports Binoculars and Telescopes primarily from: China ($39.1M), Japan ($1.45M), Philippines ($1.02M), Singapore ($662k), and United States ($532k).

The fastest growing import markets in Binoculars and Telescopes for Hong Kong between 2022 and 2023 were Singapore ($424k), Philippines ($176k), and Latvia ($136k).

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 Binoculars and Telescopes. 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)$63.6M
IMPORTS (2023)$44.7M
NET TRADE (2023)$18.9M

In 2023, Hong Kong exported $63.6M in Binoculars and Telescopes. The main destinations of Hong Kong exports on Binoculars and Telescopes were Indonesia ($36M), Japan ($18.2M), Philippines ($4.3M), France ($1.29M), and Germany ($505k).

In 2023, Hong Kong imported $44.7M in Binoculars and Telescopes, mainly from China ($39.1M), Japan ($1.45M), Philippines ($1.02M), Singapore ($662k), and United States ($532k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Indonesia$9.16M (34.1%)
France$1.28M (10.7k%)
Japan$998k (5.79%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY Hong Kong WERE (2022 - 2023):
United States-$2.91M (-88.4%)
Philippines-$2.17M (-33.6%)
China-$1.23M (-71.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Binoculars and Telescopes were:
In 2023, Hong Kong's main importing competitors in Binoculars and Telescopes were:

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Trade Value of Binoculars and Telescopes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.05M
TOP IMPORT POTENTIALUnited States+ $640k

Binoculars and Telescopes’s highest export potential is United States. With an export gap of $2.05M.   Binoculars and Telescopes’s highest import potential is United States with an import gap of $640k.

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