2022
Exports
$110MWorld Rnk 49 / 222
Flag Rnk 123 / 1177
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$394MWorld Rnk 41 / 225
Flag Rnk 119 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $110M in Other Iron Products, making it the 49th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 123rd most exported product in Hong Kong. The main destination of Other Iron Products exports from Hong Kong are: Philippines ($18.7M), Israel ($8.58M), Indonesia ($7.25M), India ($6.5M), and Thailand ($5.51M).

The fastest growing export markets for Other Iron Products of Hong Kong between 2021 and 2022 were Indonesia ($5.43M), Tanzania ($1.71M), and Qatar ($1.24M).

Imports In 2022, Hong Kong imported $394M in Other Iron Products, becoming the 41st largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 119th most imported product in Hong Kong. Hong Kong imports Other Iron Products primarily from: China ($258M), United Kingdom ($21M), Chinese Taipei ($20.3M), Japan ($14.1M), and Germany ($10.1M).

The fastest growing import markets in Other Iron Products for Hong Kong between 2021 and 2022 were United Kingdom ($6.01M), Malaysia ($2.04M), and Germany ($1.91M).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (3) and Helly Hansen (1) were at the forefront of shipping Other Iron Products 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 Other Iron Products. 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)$110M
IMPORTS (2022)$394M
NET TRADE (2022)-$284M

In 2022, Hong Kong exported $110M in Other Iron Products. The main destinations of Hong Kong exports on Other Iron Products were Philippines ($18.7M), Israel ($8.58M), Indonesia ($7.25M), India ($6.5M), and Thailand ($5.51M).

In 2022, Hong Kong imported $394M in Other Iron Products, mainly from China ($258M), United Kingdom ($21M), Chinese Taipei ($20.3M), Japan ($14.1M), and Germany ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Indonesia$5.43M (298%)
Tanzania$1.71M (639%)
Qatar$1.24M (609%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Hong Kong WERE (2021 - 2022):
India-$21.5M (-76.8%)
Thailand-$3.6M (-39.6%)
Netherlands-$3.09M (-51.1%)

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 Iron Products were:
In 2022, Hong Kong's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.81M
TOP IMPORT POTENTIALChina+ $84.9M

Other Iron Products’s highest export potential is China. With an export gap of $5.81M.   Other Iron Products’s highest import potential is China with an import gap of $84.9M.

See methodology.

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