2023
Exports
$1.65MWorld Rnk 32 / 103
Flag Rnk 794 / 1181
2023
PRODUCT COMPLEXITY IN Other Firearms
0.14Rnk 508 / 1025
2023
Imports
$463kWorld Rnk 112 / 181
Flag Rnk 1065 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.65M in Other Firearms, making it the 32nd largest exporter of Other Firearms in the world. At the same year, Other Firearms was the 794th most exported product in Hong Kong. The main destination of Other Firearms exports from Hong Kong are: Nigeria ($1.52M), South Korea ($121k), United States ($4.31k), Thailand ($4.18k), and France ($1.08k).

The fastest growing export markets for Other Firearms of Hong Kong between 2022 and 2023 were Nigeria ($1.52M), Thailand ($4.18k), and France ($1.08k).

Imports In 2023, Hong Kong imported $463k in Other Firearms, becoming the 112th largest importer of Other Firearms in the world. At the same year, Other Firearms was the 1065th most imported product in Hong Kong. Hong Kong imports Other Firearms primarily from: South Korea ($153k), South Africa ($102k), Canada ($95.5k), Italy ($24.9k), and Philippines ($21.1k).

The fastest growing import markets in Other Firearms for Hong Kong between 2022 and 2023 were South Africa ($102k), Canada ($78.8k), and South Korea ($29.9k).

COMPANIES In 2024, leading companies such as Danfoss (7), Bass Pro Shops (2), and John Deere (1) were at the forefront of shipping Other Firearms from Hong Kong to the United States.

Latest Trends

Dec 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 Firearms. 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 (2023)$1.65M
IMPORTS (2023)$463k
NET TRADE (2023)$1.18M

In 2023, Hong Kong exported $1.65M in Other Firearms. The main destinations of Hong Kong exports on Other Firearms were Nigeria ($1.52M), South Korea ($121k), United States ($4.31k), Thailand ($4.18k), and France ($1.08k).

In 2023, Hong Kong imported $463k in Other Firearms, mainly from South Korea ($153k), South Africa ($102k), Canada ($95.5k), Italy ($24.9k), and Philippines ($21.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Firearms EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Nigeria$1.52M (1%)
Thailand$4.18k (1%)
France$1.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Firearms BY Hong Kong WERE (2022 - 2023):
Malaysia-$20.7k (-100%)
South Korea-$14.8k (-10.9%)
United States-$3.17k (-42.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Other Firearms were:
In 2023, Hong Kong's main importing competitors in Other Firearms were:

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Trade Value of Other Firearms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.7k
TOP IMPORT POTENTIALTurkey+ $14.7k

Other Firearms’s highest export potential is United States. With an export gap of $23.7k.   Other Firearms’s highest import potential is Turkey with an import gap of $14.7k.

See methodology.

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