2022
Exports
$124MWorld Rnk 30 / 200
Flag Rnk 115 / 1177
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$318MWorld Rnk 16 / 220
Flag Rnk 141 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $124M in Navigation Equipment, making it the 30th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 115th most exported product in Hong Kong. The main destination of Navigation Equipment exports from Hong Kong are: China ($35.7M), Netherlands ($17.5M), India ($8.18M), United Kingdom ($7.98M), and Chinese Taipei ($5.57M).

The fastest growing export markets for Navigation Equipment of Hong Kong between 2021 and 2022 were China ($20.7M), Chinese Taipei ($4.24M), and India ($3.54M).

Imports In 2022, Hong Kong imported $318M in Navigation Equipment, becoming the 16th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 141st most imported product in Hong Kong. Hong Kong imports Navigation Equipment primarily from: China ($189M), Austria ($48.9M), Germany ($24.1M), Singapore ($10.4M), and Japan ($8.81M).

The fastest growing import markets in Navigation Equipment for Hong Kong between 2021 and 2022 were Germany ($7.94M), Vietnam ($3.34M), and France ($3.2M).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (3) and Linak (2) were at the forefront of shipping Navigation Equipment 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 Navigation Equipment. 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)$124M
IMPORTS (2022)$318M
NET TRADE (2022)-$195M

In 2022, Hong Kong exported $124M in Navigation Equipment. The main destinations of Hong Kong exports on Navigation Equipment were China ($35.7M), Netherlands ($17.5M), India ($8.18M), United Kingdom ($7.98M), and Chinese Taipei ($5.57M).

In 2022, Hong Kong imported $318M in Navigation Equipment, mainly from China ($189M), Austria ($48.9M), Germany ($24.1M), Singapore ($10.4M), and Japan ($8.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$20.7M (138%)
Chinese Taipei$4.24M (321%)
India$3.54M (76.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Hong Kong WERE (2021 - 2022):
Philippines-$3.54M (-53.9%)
Mexico-$2.86M (-79.3%)
France-$1.23M (-36.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $20.1M
TOP IMPORT POTENTIALChina+ $25.7M

Navigation Equipment’s highest export potential is China. With an export gap of $20.1M.   Navigation Equipment’s highest import potential is China with an import gap of $25.7M.

See methodology.

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