2023
Exports
$912kWorld Rnk 69 / 127
Flag Rnk 873 / 1181
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$76.6kWorld Rnk 86 / 125
Flag Rnk 1155 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $912k in Iron Ore, making it the 69th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 873rd most exported product in Hong Kong. The main destination of Iron Ore exports from Hong Kong are: Malaysia ($912k) and Czechia ($17).

The fastest growing export markets for Iron Ore of Hong Kong between 2022 and 2023 were Czechia ($17).

Imports In 2023, Hong Kong imported $76.6k in Iron Ore, becoming the 86th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1155th most imported product in Hong Kong. Hong Kong imports Iron Ore primarily from: Sweden ($71.4k), Thailand ($3.08k), Canada ($1.89k), Peru ($100), and Pakistan ($51).

The fastest growing import markets in Iron Ore for Hong Kong between 2022 and 2023 were Sweden ($34.7k), Canada ($924), and Thailand ($297).

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 Iron Ore. 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)$912k
IMPORTS (2023)$76.6k
NET TRADE (2023)$836k

In 2023, Hong Kong exported $912k in Iron Ore. The main destinations of Hong Kong exports on Iron Ore were Malaysia ($912k) and Czechia ($17).

In 2023, Hong Kong imported $76.6k in Iron Ore, mainly from Sweden ($71.4k), Thailand ($3.08k), Canada ($1.89k), Peru ($100), and Pakistan ($51).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):Czechia$17 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Hong Kong WERE (2022 - 2023):
Malaysia-$19.8M (-95.6%)
Thailand-$1.13k (-100%)
Lithuania-$614 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Iron Ore were:
In 2023, Hong Kong's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.26k
TOP IMPORT POTENTIALAustralia+ $7.52M

Iron Ore’s highest export potential is China. With an export gap of $9.26k.   Iron Ore’s highest import potential is Australia with an import gap of $7.52M.

See methodology.

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