2022
Exports
$84.2MWorld Rnk 37 / 224
Flag Rnk 149 / 1177
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$252MWorld Rnk 39 / 225
Flag Rnk 169 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $84.2M in Iron Fasteners, making it the 37th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 149th most exported product in Hong Kong. The main destination of Iron Fasteners exports from Hong Kong are: Malaysia ($12.5M), India ($11.7M), China ($8.84M), Brazil ($5.47M), and Philippines ($4.72M).

The fastest growing export markets for Iron Fasteners of Hong Kong between 2021 and 2022 were Brazil ($2.39M), Spain ($1.94M), and Malaysia ($1.76M).

Imports In 2022, Hong Kong imported $252M in Iron Fasteners, becoming the 39th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 169th most imported product in Hong Kong. Hong Kong imports Iron Fasteners primarily from: China ($129M), Japan ($20.4M), Chinese Taipei ($18.5M), Switzerland ($15.9M), and United Kingdom ($14M).

The fastest growing import markets in Iron Fasteners for Hong Kong between 2021 and 2022 were Singapore ($3.96M), China ($3.71M), and United Kingdom ($1.84M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (6), John Deere (6), and Wistron (3) were at the forefront of shipping Iron Fasteners 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 Iron Fasteners. 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)$84.2M
IMPORTS (2022)$252M
NET TRADE (2022)-$168M

In 2022, Hong Kong exported $84.2M in Iron Fasteners. The main destinations of Hong Kong exports on Iron Fasteners were Malaysia ($12.5M), India ($11.7M), China ($8.84M), Brazil ($5.47M), and Philippines ($4.72M).

In 2022, Hong Kong imported $252M in Iron Fasteners, mainly from China ($129M), Japan ($20.4M), Chinese Taipei ($18.5M), Switzerland ($15.9M), and United Kingdom ($14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Brazil$2.39M (77.9%)
Spain$1.94M (798%)
Malaysia$1.76M (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Hong Kong WERE (2021 - 2022):
China-$4.09M (-31.6%)
India-$2.95M (-20.2%)
Japan-$1.46M (-67.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Iron Fasteners were:
In 2022, Hong Kong's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.16M
TOP IMPORT POTENTIALChina+ $56.1M

Iron Fasteners’s highest export potential is China. With an export gap of $9.16M.   Iron Fasteners’s highest import potential is China with an import gap of $56.1M.

See methodology.

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