2022
Exports
$3.22MWorld Rnk 30 / 116
Flag Rnk 725 / 1177
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines
-0.028Rnk 553 / 1025
2022
Imports
$1.37MWorld Rnk 76 / 195
Flag Rnk 994 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $3.22M in Hydraulic Turbines, making it the 30th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 725th most exported product in Hong Kong. The main destination of Hydraulic Turbines exports from Hong Kong are: China ($2.44M), Malaysia ($318k), Philippines ($220k), Ireland ($56.7k), and Netherlands ($49.5k).

The fastest growing export markets for Hydraulic Turbines of Hong Kong between 2021 and 2022 were Malaysia ($245k), Philippines ($132k), and United Kingdom ($17.5k).

Imports In 2022, Hong Kong imported $1.37M in Hydraulic Turbines, becoming the 76th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 994th most imported product in Hong Kong. Hong Kong imports Hydraulic Turbines primarily from: United Kingdom ($486k), United Arab Emirates ($365k), Japan ($226k), China ($150k), and South Korea ($77k).

The fastest growing import markets in Hydraulic Turbines for Hong Kong between 2021 and 2022 were United Kingdom ($243k), Japan ($151k), and United Arab Emirates ($43.3k).

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 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 (2022)$3.22M
IMPORTS (2022)$1.37M
NET TRADE (2022)$1.85M

In 2022, Hong Kong exported $3.22M in Hydraulic Turbines. The main destinations of Hong Kong exports on Hydraulic Turbines were China ($2.44M), Malaysia ($318k), Philippines ($220k), Ireland ($56.7k), and Netherlands ($49.5k).

In 2022, Hong Kong imported $1.37M in Hydraulic Turbines, mainly from United Kingdom ($486k), United Arab Emirates ($365k), Japan ($226k), China ($150k), and South Korea ($77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Malaysia$245k (333%)
Philippines$132k (152%)
United Kingdom$17.5k (513%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Hong Kong WERE (2021 - 2022):
China-$3.16M (-56.4%)
United States-$217k (-85.4%)
India-$195k (-99.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Hydraulic Turbines were:
In 2022, 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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