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Exports In 2022, Hong Kong exported $1.38M in Other Musical Instruments, making it the 15th largest exporter of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 843rd most exported product in Hong Kong. The main destination of Other Musical Instruments exports from Hong Kong are: China ($562k), United States ($126k), Belgium ($115k), Italy ($91.9k), and Germany ($65.1k).

The fastest growing export markets for Other Musical Instruments of Hong Kong between 2021 and 2022 were China ($560k), Belgium ($115k), and Israel ($32.7k).

Imports In 2022, Hong Kong imported $1.73M in Other Musical Instruments, becoming the 22nd largest importer of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 967th most imported product in Hong Kong. Hong Kong imports Other Musical Instruments primarily from: China ($1.12M), Switzerland ($176k), France ($112k), United States ($81.4k), and Latvia ($72.4k).

The fastest growing import markets in Other Musical Instruments for Hong Kong between 2021 and 2022 were China ($388k), Switzerland ($146k), and Latvia ($72.4k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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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 Musical Instruments. 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)$1.38M
IMPORTS (2022)$1.73M
NET TRADE (2022)-$352k

In 2022, Hong Kong exported $1.38M in Other Musical Instruments. The main destinations of Hong Kong exports on Other Musical Instruments were China ($562k), United States ($126k), Belgium ($115k), Italy ($91.9k), and Germany ($65.1k).

In 2022, Hong Kong imported $1.73M in Other Musical Instruments, mainly from China ($1.12M), Switzerland ($176k), France ($112k), United States ($81.4k), and Latvia ($72.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Musical Instruments EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$560k (29.6k%)
Belgium$115k (94.4k%)
Israel$32.7k (817%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Musical Instruments BY Hong Kong WERE (2021 - 2022):
Spain-$378k (-99.9%)
United States-$217k (-63.3%)
Switzerland-$128k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Musical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $72.3k
TOP IMPORT POTENTIALChina+ $354k

Other Musical Instruments’s highest export potential is United States. With an export gap of $72.3k.   Other Musical Instruments’s highest import potential is China with an import gap of $354k.

See methodology.

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