2022
Exports
$32.5MWorld Rnk 51 / 223
Flag Rnk 269 / 1177
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$222MWorld Rnk 39 / 224
Flag Rnk 185 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $32.5M in Engine Parts, making it the 51st largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 269th most exported product in Hong Kong. The main destination of Engine Parts exports from Hong Kong are: China ($13.6M), Singapore ($2.89M), Russia ($2.87M), Germany ($1.06M), and Japan ($1.03M).

The fastest growing export markets for Engine Parts of Hong Kong between 2021 and 2022 were Singapore ($1.73M), Japan ($912k), and Saudi Arabia ($884k).

Imports In 2022, Hong Kong imported $222M in Engine Parts, becoming the 39th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 185th most imported product in Hong Kong. Hong Kong imports Engine Parts primarily from: China ($61.4M), Singapore ($50.6M), Japan ($24.9M), United States ($23.6M), and Germany ($10.8M).

The fastest growing import markets in Engine Parts for Hong Kong between 2021 and 2022 were Singapore ($12.4M), Kuwait ($4.41M), and South Korea ($938k).

COMPANIES In 2023, leading companies such as Cloud Network Technology (6), Wistron (4), and Walmart (1) were at the forefront of shipping Engine Parts 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 Engine Parts. 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)$32.5M
IMPORTS (2022)$222M
NET TRADE (2022)-$189M

In 2022, Hong Kong exported $32.5M in Engine Parts. The main destinations of Hong Kong exports on Engine Parts were China ($13.6M), Singapore ($2.89M), Russia ($2.87M), Germany ($1.06M), and Japan ($1.03M).

In 2022, Hong Kong imported $222M in Engine Parts, mainly from China ($61.4M), Singapore ($50.6M), Japan ($24.9M), United States ($23.6M), and Germany ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Singapore$1.73M (149%)
Japan$912k (770%)
Saudi Arabia$884k (1.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Hong Kong WERE (2021 - 2022):
Iran-$12.3M (-98.9%)
Russia-$7.83M (-73.2%)
China-$6.77M (-33.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, Hong Kong's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.62M
TOP IMPORT POTENTIALChina+ $40.8M

Engine Parts’s highest export potential is China. With an export gap of $9.62M.   Engine Parts’s highest import potential is China with an import gap of $40.8M.

See methodology.

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