2023
Exports
$2.66MWorld Rnk 34 / 124
Flag Rnk 717 / 1181
2023
PRODUCT COMPLEXITY IN Hydraulic Turbines
0.029Rnk 550 / 1025
2023
Imports
$1.45MWorld Rnk 81 / 196
Flag Rnk 979 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $2.66M in Hydraulic Turbines, making it the 34th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 717th most exported product in Hong Kong. The main destination of Hydraulic Turbines exports from Hong Kong are: China ($1.39M), Malaysia ($1.01M), Philippines ($121k), United States ($71.9k), and Ireland ($22.5k).

The fastest growing export markets for Hydraulic Turbines of Hong Kong between 2022 and 2023 were Malaysia ($696k), United States ($34.8k), and New Zealand ($5.07k).

Imports In 2023, Hong Kong imported $1.45M in Hydraulic Turbines, becoming the 81st largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 979th most imported product in Hong Kong. Hong Kong imports Hydraulic Turbines primarily from: United Arab Emirates ($456k), Japan ($419k), United Kingdom ($231k), Spain ($166k), and China ($58.3k).

The fastest growing import markets in Hydraulic Turbines for Hong Kong between 2022 and 2023 were Japan ($193k), Spain ($166k), and United Arab Emirates ($90.7k).

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 Hydraulic Turbines. 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)$2.66M
IMPORTS (2023)$1.45M
NET TRADE (2023)$1.21M

In 2023, Hong Kong exported $2.66M in Hydraulic Turbines. The main destinations of Hong Kong exports on Hydraulic Turbines were China ($1.39M), Malaysia ($1.01M), Philippines ($121k), United States ($71.9k), and Ireland ($22.5k).

In 2023, Hong Kong imported $1.45M in Hydraulic Turbines, mainly from United Arab Emirates ($456k), Japan ($419k), United Kingdom ($231k), Spain ($166k), and China ($58.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Malaysia$696k (219%)
United States$34.8k (94%)
New Zealand$5.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Hong Kong WERE (2022 - 2023):
China-$1.05M (-43.2%)
Philippines-$98.2k (-44.7%)
Netherlands-$48.8k (-98.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Hydraulic Turbines were:
China $297M
Germany $95.3M
Italy $78.4M
In 2023, Hong Kong's main importing competitors in Hydraulic Turbines were:

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $63.2k
TOP IMPORT POTENTIALChina+ $220k

Hydraulic Turbines’s highest export potential is United States. With an export gap of $63.2k.   Hydraulic Turbines’s highest import potential is China with an import gap of $220k.

See methodology.

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