2023
Exports
$5.57MWorld Rnk 33 / 120
Flag Rnk 572 / 1181
2023
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel
1.5Rnk 46 / 1025
2023
Imports
$17.4MWorld Rnk 42 / 201
Flag Rnk 560 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $5.57M in Flat-Rolled Stainless Steel, making it the 33rd largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 572nd most exported product in Hong Kong. The main destination of Flat-Rolled Stainless Steel exports from Hong Kong are: China ($2.99M), Lithuania ($1.04M), Brunei ($254k), Malaysia ($248k), and Cambodia ($227k).

The fastest growing export markets for Flat-Rolled Stainless Steel of Hong Kong between 2022 and 2023 were Lithuania ($306k), Indonesia ($105k), and Suriname ($56k).

Imports In 2023, Hong Kong imported $17.4M in Flat-Rolled Stainless Steel, becoming the 42nd largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 560th most imported product in Hong Kong. Hong Kong imports Flat-Rolled Stainless Steel primarily from: China ($5.16M), Japan ($4.49M), United States ($2.26M), Chinese Taipei ($1.93M), and South Korea ($1.26M).

The fastest growing import markets in Flat-Rolled Stainless Steel for Hong Kong between 2022 and 2023 were Sweden ($212k), Philippines ($12.5k), and Malaysia ($7.34k).

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 Flat-Rolled Stainless Steel. 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)$5.57M
IMPORTS (2023)$17.4M
NET TRADE (2023)-$11.9M

In 2023, Hong Kong exported $5.57M in Flat-Rolled Stainless Steel. The main destinations of Hong Kong exports on Flat-Rolled Stainless Steel were China ($2.99M), Lithuania ($1.04M), Brunei ($254k), Malaysia ($248k), and Cambodia ($227k).

In 2023, Hong Kong imported $17.4M in Flat-Rolled Stainless Steel, mainly from China ($5.16M), Japan ($4.49M), United States ($2.26M), Chinese Taipei ($1.93M), and South Korea ($1.26M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Lithuania$306k (41.5%)
Indonesia$105k (8.26k%)
Suriname$56k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Hong Kong WERE (2022 - 2023):
India-$49.7M (-99.8%)
China-$35.7M (-92.3%)
Vietnam-$495k (-91.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Flat-Rolled Stainless Steel were:
In 2023, Hong Kong's main importing competitors in Flat-Rolled Stainless Steel were:

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Trade Value of Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.06M
TOP IMPORT POTENTIALChina+ $4.26M

Flat-Rolled Stainless Steel’s highest export potential is China. With an export gap of $5.06M.   Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $4.26M.

See methodology.

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