2022
Exports
$7.34MWorld Rnk 10 / 118
Flag Rnk 546 / 1177
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$3.66MWorld Rnk 43 / 183
Flag Rnk 874 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $7.34M in Leather Machinery, making it the 10th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 546th most exported product in Hong Kong. The main destination of Leather Machinery exports from Hong Kong are: Indonesia ($2.73M), India ($1.79M), Zimbabwe ($957k), China ($867k), and Vietnam ($317k).

The fastest growing export markets for Leather Machinery of Hong Kong between 2021 and 2022 were Zimbabwe ($957k), Indonesia ($582k), and India ($560k).

Imports In 2022, Hong Kong imported $3.66M in Leather Machinery, becoming the 43rd largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 874th most imported product in Hong Kong. Hong Kong imports Leather Machinery primarily from: China ($1.26M), Italy ($842k), Singapore ($440k), Chinese Taipei ($330k), and United Kingdom ($222k).

The fastest growing import markets in Leather Machinery for Hong Kong between 2021 and 2022 were United Kingdom ($210k), Turkey ($119k), and Singapore ($53.4k).

COMPANIES In 2023, leading companies such as Adidas (1) were at the forefront of shipping Leather Machinery from Hong Kong to the United States.

Latest Trends

Jul 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 Leather Machinery. 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)$7.34M
IMPORTS (2022)$3.66M
NET TRADE (2022)$3.68M

In 2022, Hong Kong exported $7.34M in Leather Machinery. The main destinations of Hong Kong exports on Leather Machinery were Indonesia ($2.73M), India ($1.79M), Zimbabwe ($957k), China ($867k), and Vietnam ($317k).

In 2022, Hong Kong imported $3.66M in Leather Machinery, mainly from China ($1.26M), Italy ($842k), Singapore ($440k), Chinese Taipei ($330k), and United Kingdom ($222k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Zimbabwe$957k (1%)
Indonesia$582k (27.1%)
India$560k (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Hong Kong WERE (2021 - 2022):
China-$3.91M (-81.8%)
Vietnam-$958k (-75.1%)
Malaysia-$256k (-82.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $559k
TOP IMPORT POTENTIALChina+ $911k

Leather Machinery’s highest export potential is China. With an export gap of $559k.   Leather Machinery’s highest import potential is China with an import gap of $911k.

See methodology.

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