2022
Exports
$1.82MWorld Rnk 32 / 95
Flag Rnk 800 / 1177
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$1.42MWorld Rnk 63 / 178
Flag Rnk 991 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.82M in Nitrile Compounds, making it the 32nd largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 800th most exported product in Hong Kong. The main destination of Nitrile Compounds exports from Hong Kong are: India ($1.15M), Colombia ($193k), China ($140k), Latvia ($96.4k), and Japan ($43.5k).

The fastest growing export markets for Nitrile Compounds of Hong Kong between 2021 and 2022 were Colombia ($193k), Latvia ($96.4k), and Spain ($41.6k).

Imports In 2022, Hong Kong imported $1.42M in Nitrile Compounds, becoming the 63rd largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 991st most imported product in Hong Kong. Hong Kong imports Nitrile Compounds primarily from: China ($872k), Germany ($184k), South Korea ($118k), Thailand ($52.7k), and Belgium ($42.4k).

The fastest growing import markets in Nitrile Compounds for Hong Kong between 2021 and 2022 were China ($466k), United States ($35.3k), and Singapore ($13.6k).

COMPANIES In 2023, leading companies such as Asus Computer (3) and Motorola (2) were at the forefront of shipping Nitrile Compounds 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 Nitrile Compounds. 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)$1.82M
IMPORTS (2022)$1.42M
NET TRADE (2022)$406k

In 2022, Hong Kong exported $1.82M in Nitrile Compounds. The main destinations of Hong Kong exports on Nitrile Compounds were India ($1.15M), Colombia ($193k), China ($140k), Latvia ($96.4k), and Japan ($43.5k).

In 2022, Hong Kong imported $1.42M in Nitrile Compounds, mainly from China ($872k), Germany ($184k), South Korea ($118k), Thailand ($52.7k), and Belgium ($42.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Colombia$193k (1%)
Latvia$96.4k (1%)
Spain$41.6k (53.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Hong Kong WERE (2021 - 2022):
China-$1.68M (-92.3%)
Israel-$908k (-99.8%)
Pakistan-$223k (-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 Nitrile Compounds were:
In 2022, Hong Kong's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $505k
TOP IMPORT POTENTIALChina+ $1.08M

Nitrile Compounds’s highest export potential is India. With an export gap of $505k.   Nitrile Compounds’s highest import potential is China with an import gap of $1.08M.

See methodology.

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