2023
Exports
$117MWorld Rnk 49 / 224
Flag Rnk 109 / 1181
2023
PRODUCT COMPLEXITY IN Centrifuges
1.22Rnk 101 / 1025
2023
Imports
$406MWorld Rnk 43 / 225
Flag Rnk 115 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $117M in Centrifuges, making it the 49th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 109th most exported product in Hong Kong. The main destination of Centrifuges exports from Hong Kong are: China ($43M), Israel ($25.3M), Malaysia ($5.94M), Philippines ($4.54M), and Russia ($3M).

The fastest growing export markets for Centrifuges of Hong Kong between 2022 and 2023 were China ($37.2M), Philippines ($3.04M), and Zimbabwe ($2.51M).

Imports In 2018, Hong Kong imported $406M in Centrifuges, becoming the 43rd largest importer of Centrifuges in the world. At the same year, Centrifuges was the 115th most imported product in Hong Kong. Hong Kong imports Centrifuges primarily from: China ($196M), Japan ($47.1M), United States ($41.3M), Germany ($36.3M), and South Korea ($14.2M).

The fastest growing import markets in Centrifuges for Hong Kong between 2022 and 2023 were China ($49.1M), Japan ($3.17M), and South Korea ($2.15M).

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 Centrifuges. 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)$117M
IMPORTS (2023)$406M
NET TRADE (2023)-$289M

In 2023, Hong Kong exported $117M in Centrifuges. The main destinations of Hong Kong exports on Centrifuges were China ($43M), Israel ($25.3M), Malaysia ($5.94M), Philippines ($4.54M), and Russia ($3M).

In 2023, Hong Kong imported $406M in Centrifuges, mainly from China ($196M), Japan ($47.1M), United States ($41.3M), Germany ($36.3M), and South Korea ($14.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
China$37.2M (650%)
Philippines$3.04M (202%)
Zimbabwe$2.51M (1.66k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Hong Kong WERE (2022 - 2023):
Israel-$25.9M (-50.6%)
United Kingdom-$3.6M (-85.6%)
India-$3.47M (-96%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12M
TOP IMPORT POTENTIALChina+ $80.1M

Centrifuges’s highest export potential is China. With an export gap of $12M.   Centrifuges’s highest import potential is China with an import gap of $80.1M.

See methodology.

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