2022
Exports
$50MWorld Rnk 41 / 208
Flag Rnk 210 / 1177
2022
PRODUCT COMPLEXITY IN Other Engines
0.83Rnk 234 / 1025
2022
Imports
$149MWorld Rnk 34 / 223
Flag Rnk 234 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $50M in Other Engines, making it the 41st largest exporter of Other Engines in the world. At the same year, Other Engines was the 210th most exported product in Hong Kong. The main destination of Other Engines exports from Hong Kong are: China ($20.7M), Vietnam ($12.3M), Chinese Taipei ($4.44M), Japan ($1.71M), and India ($1.6M).

The fastest growing export markets for Other Engines of Hong Kong between 2021 and 2022 were Vietnam ($2.46M), Chinese Taipei ($1.48M), and India ($1.02M).

Imports In 2022, Hong Kong imported $149M in Other Engines, becoming the 34th largest importer of Other Engines in the world. At the same year, Other Engines was the 234th most imported product in Hong Kong. Hong Kong imports Other Engines primarily from: China ($50M), Germany ($38.8M), Singapore ($15.7M), United States ($14.1M), and Japan ($7.11M).

The fastest growing import markets in Other Engines for Hong Kong between 2021 and 2022 were Singapore ($5.38M), United States ($4.87M), and China ($4.61M).

COMPANIES In 2023, leading companies such as John Deere (8) were at the forefront of shipping Other Engines from Hong Kong to the United States.

Latest Trends

Aug 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 Other Engines. 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)$50M
IMPORTS (2022)$149M
NET TRADE (2022)-$99.1M

In 2022, Hong Kong exported $50M in Other Engines. The main destinations of Hong Kong exports on Other Engines were China ($20.7M), Vietnam ($12.3M), Chinese Taipei ($4.44M), Japan ($1.71M), and India ($1.6M).

In 2022, Hong Kong imported $149M in Other Engines, mainly from China ($50M), Germany ($38.8M), Singapore ($15.7M), United States ($14.1M), and Japan ($7.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Vietnam$2.46M (24.9%)
Chinese Taipei$1.48M (49.9%)
India$1.02M (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Hong Kong WERE (2021 - 2022):
China-$9.95M (-32.4%)
United States-$4.79M (-93.7%)
Netherlands-$4.65M (-93.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11M
TOP IMPORT POTENTIALChina+ $24M

Other Engines’s highest export potential is China. With an export gap of $11M.   Other Engines’s highest import potential is China with an import gap of $24M.

See methodology.

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