2022
Exports
$84.6MWorld Rnk 31 / 185
Flag Rnk 148 / 1177
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$107MWorld Rnk 75 / 222
Flag Rnk 270 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $84.6M in Large Construction Vehicles, making it the 31st largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 148th most exported product in Hong Kong. The main destination of Large Construction Vehicles exports from Hong Kong are: United Kingdom ($30.4M), China ($13.6M), Poland ($11.2M), Japan ($4.26M), and Zimbabwe ($4.19M).

The fastest growing export markets for Large Construction Vehicles of Hong Kong between 2021 and 2022 were United Kingdom ($24.1M), Poland ($5.08M), and Japan ($2.9M).

Imports In 2022, Hong Kong imported $107M in Large Construction Vehicles, becoming the 75th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 270th most imported product in Hong Kong. Hong Kong imports Large Construction Vehicles primarily from: Japan ($76.4M), China ($13.3M), South Korea ($5.33M), Austria ($5.15M), and Thailand ($1.92M).

The fastest growing import markets in Large Construction Vehicles for Hong Kong between 2021 and 2022 were Thailand ($655k), Poland ($185k), and Chinese Taipei ($116k).

COMPANIES In 2023, leading companies such as John Deere (22) were at the forefront of shipping Large Construction Vehicles 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 Large Construction Vehicles. 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)$84.6M
IMPORTS (2022)$107M
NET TRADE (2022)-$22.8M

In 2022, Hong Kong exported $84.6M in Large Construction Vehicles. The main destinations of Hong Kong exports on Large Construction Vehicles were United Kingdom ($30.4M), China ($13.6M), Poland ($11.2M), Japan ($4.26M), and Zimbabwe ($4.19M).

In 2022, Hong Kong imported $107M in Large Construction Vehicles, mainly from Japan ($76.4M), China ($13.3M), South Korea ($5.33M), Austria ($5.15M), and Thailand ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United Kingdom$24.1M (386%)
Poland$5.08M (82.6%)
Japan$2.9M (213%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Hong Kong WERE (2021 - 2022):
China-$60.6M (-81.6%)
Australia-$1.9M (-81.8%)
Singapore-$1.55M (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Large Construction Vehicles were:
In 2022, Hong Kong's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $5.21M
TOP IMPORT POTENTIALChina+ $21.6M

Large Construction Vehicles’s highest export potential is China. With an export gap of $5.21M.   Large Construction Vehicles’s highest import potential is China with an import gap of $21.6M.

See methodology.

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