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Exports In 2022, Hong Kong exported $24.7k in Natural magnesium carbonate (magnesite), making it the 43rd largest exporter of Natural magnesium carbonate (magnesite) in the world. At the same year, Natural magnesium carbonate (magnesite) was the 3923rd most exported product in Hong Kong. The main destination of Natural magnesium carbonate (magnesite) exports from Hong Kong are: United States ($12.8k), Germany ($7.79k), Netherlands ($2.18k), South Korea ($1.99k), and Thailand ($7).

The fastest growing export markets for Natural magnesium carbonate (magnesite) of Hong Kong between 2021 and 2022 were United States ($12.8k), Germany ($7.79k), and Netherlands ($2.18k).

Imports In 2022, Hong Kong imported $119k in Natural magnesium carbonate (magnesite), becoming the 50th largest importer of Natural magnesium carbonate (magnesite) in the world. At the same year, Natural magnesium carbonate (magnesite) was the 3920th most imported product in Hong Kong. Hong Kong imports Natural magnesium carbonate (magnesite) primarily from: Singapore ($97.8k), Japan ($18.1k), Italy ($2.24k), Austria ($282), and Thailand ($264).

The fastest growing import markets in Natural magnesium carbonate (magnesite) for Hong Kong between 2021 and 2022 were Singapore ($97.8k), Italy ($1.6k), and Austria ($282).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1.2k), Panasonic (659), and John Deere (460) were at the forefront of shipping Natural magnesium carbonate (magnesite) 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 Natural magnesium carbonate (magnesite). 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)$24.7k
IMPORTS (2022)$119k
NET TRADE (2022)-$94k

In 2022, Hong Kong exported $24.7k in Natural magnesium carbonate (magnesite). The main destinations of Hong Kong exports on Natural magnesium carbonate (magnesite) were United States ($12.8k), Germany ($7.79k), Netherlands ($2.18k), South Korea ($1.99k), and Thailand ($7).

In 2022, Hong Kong imported $119k in Natural magnesium carbonate (magnesite), mainly from Singapore ($97.8k), Japan ($18.1k), Italy ($2.24k), Austria ($282), and Thailand ($264).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural magnesium carbonate (magnesite) EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$12.8k (1%)
Germany$7.79k (1%)
Netherlands$2.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural magnesium carbonate (magnesite) BY Hong Kong WERE (2021 - 2022):
Malaysia-$64.5k (-100%)
Japan-$1.79k (-100%)
Papua New Guinea-$1.08k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Natural magnesium carbonate (magnesite) were:
China $76.4M
Spain $17.4M
In 2022, Hong Kong's main importing competitors in Natural magnesium carbonate (magnesite) were:
Japan $14.7M
France $7.13M

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Trade Value of Natural magnesium carbonate (magnesite) by Exporters

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