2022
Exports
$5.04MWorld Rnk 30 / 161
Flag Rnk 636 / 1177
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$8.62MWorld Rnk 47 / 210
Flag Rnk 742 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.04M in Metal Finishing Machines, making it the 30th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 636th most exported product in Hong Kong. The main destination of Metal Finishing Machines exports from Hong Kong are: China ($2.33M), India ($1.01M), Italy ($250k), United Kingdom ($242k), and United States ($180k).

The fastest growing export markets for Metal Finishing Machines of Hong Kong between 2021 and 2022 were India ($863k), Italy ($245k), and United Kingdom ($237k).

Imports In 2022, Hong Kong imported $8.62M in Metal Finishing Machines, becoming the 47th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 742nd most imported product in Hong Kong. Hong Kong imports Metal Finishing Machines primarily from: Spain ($2.16M), Switzerland ($1.98M), China ($1.53M), Chinese Taipei ($583k), and Germany ($573k).

The fastest growing import markets in Metal Finishing Machines for Hong Kong between 2021 and 2022 were Spain ($2.16M), Switzerland ($1.36M), and Bangladesh ($448k).

Latest Trends

Nov 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 Metal Finishing Machines. 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)$5.04M
IMPORTS (2022)$8.62M
NET TRADE (2022)-$3.57M

In 2022, Hong Kong exported $5.04M in Metal Finishing Machines. The main destinations of Hong Kong exports on Metal Finishing Machines were China ($2.33M), India ($1.01M), Italy ($250k), United Kingdom ($242k), and United States ($180k).

In 2022, Hong Kong imported $8.62M in Metal Finishing Machines, mainly from Spain ($2.16M), Switzerland ($1.98M), China ($1.53M), Chinese Taipei ($583k), and Germany ($573k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
India$863k (570%)
Italy$245k (4.17k%)
United Kingdom$237k (5.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Hong Kong WERE (2021 - 2022):
China-$4M (-63.2%)
South Africa-$101k (-99.3%)
Chile-$40.9k (-91.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Metal Finishing Machines were:
In 2022, Hong Kong's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.92M
TOP IMPORT POTENTIALChina+ $1.28M

Metal Finishing Machines’s highest export potential is China. With an export gap of $1.92M.   Metal Finishing Machines’s highest import potential is China with an import gap of $1.28M.

See methodology.

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