2022
Exports
$32.9MWorld Rnk 43 / 209
Flag Rnk 264 / 1177
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$98.7MWorld Rnk 41 / 222
Flag Rnk 285 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $32.9M in Electrical Lighting and Signalling Equipment, making it the 43rd largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 264th most exported product in Hong Kong. The main destination of Electrical Lighting and Signalling Equipment exports from Hong Kong are: India ($4.51M), Germany ($4.29M), Israel ($3.04M), China ($2.95M), and United States ($2.24M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Hong Kong between 2021 and 2022 were Singapore ($1.24M), Germany ($1.24M), and Chinese Taipei ($1.03M).

Imports In 2022, Hong Kong imported $98.7M in Electrical Lighting and Signalling Equipment, becoming the 41st largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 285th most imported product in Hong Kong. Hong Kong imports Electrical Lighting and Signalling Equipment primarily from: China ($42.1M), Chinese Taipei ($9.06M), Philippines ($9.06M), Vietnam ($6.47M), and Japan ($5.89M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Hong Kong between 2021 and 2022 were Philippines ($1.72M), Germany ($1.23M), and Romania ($937k).

COMPANIES In 2023, leading companies such as Xerox (6), Mahle Behr (2), and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Hong Kong to the United States.

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 Electrical Lighting and Signalling Equipment. 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)$32.9M
IMPORTS (2022)$98.7M
NET TRADE (2022)-$65.8M

In 2022, Hong Kong exported $32.9M in Electrical Lighting and Signalling Equipment. The main destinations of Hong Kong exports on Electrical Lighting and Signalling Equipment were India ($4.51M), Germany ($4.29M), Israel ($3.04M), China ($2.95M), and United States ($2.24M).

In 2022, Hong Kong imported $98.7M in Electrical Lighting and Signalling Equipment, mainly from China ($42.1M), Chinese Taipei ($9.06M), Philippines ($9.06M), Vietnam ($6.47M), and Japan ($5.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Singapore$1.24M (384%)
Germany$1.24M (40.7%)
Chinese Taipei$1.03M (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Hong Kong WERE (2021 - 2022):
India-$4.92M (-52.1%)
China-$3.68M (-55.5%)
Japan-$2.16M (-98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Hong Kong's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.57M
TOP IMPORT POTENTIALChina+ $25.5M

Electrical Lighting and Signalling Equipment’s highest export potential is China. With an export gap of $3.57M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $25.5M.

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