2022
Exports
$20.3MWorld Rnk 16 / 153
Flag Rnk 338 / 1177
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.19Rnk 491 / 1025
2022
Imports
$14.4MWorld Rnk 29 / 215
Flag Rnk 643 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $20.3M in Pharmaceutical Rubber Products, making it the 16th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 338th most exported product in Hong Kong. The main destination of Pharmaceutical Rubber Products exports from Hong Kong are: China ($16.3M), Chinese Taipei ($1.19M), United Kingdom ($708k), Vietnam ($499k), and Indonesia ($277k).

The fastest growing export markets for Pharmaceutical Rubber Products of Hong Kong between 2021 and 2022 were United Kingdom ($513k), Indonesia ($274k), and Israel ($204k).

Imports In 2022, Hong Kong imported $14.4M in Pharmaceutical Rubber Products, becoming the 29th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 643rd most imported product in Hong Kong. Hong Kong imports Pharmaceutical Rubber Products primarily from: Thailand ($4.68M), China ($3.99M), Japan ($3.2M), Malaysia ($1.12M), and Germany ($414k).

The fastest growing import markets in Pharmaceutical Rubber Products for Hong Kong between 2021 and 2022 were Indonesia ($162k), Germany ($159k), and Malaysia ($140k).

Latest Trends

Nov 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 Pharmaceutical Rubber 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)$20.3M
IMPORTS (2022)$14.4M
NET TRADE (2022)$5.91M

In 2022, Hong Kong exported $20.3M in Pharmaceutical Rubber Products. The main destinations of Hong Kong exports on Pharmaceutical Rubber Products were China ($16.3M), Chinese Taipei ($1.19M), United Kingdom ($708k), Vietnam ($499k), and Indonesia ($277k).

In 2022, Hong Kong imported $14.4M in Pharmaceutical Rubber Products, mainly from Thailand ($4.68M), China ($3.99M), Japan ($3.2M), Malaysia ($1.12M), and Germany ($414k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United Kingdom$513k (263%)
Indonesia$274k (11.7k%)
Israel$204k (20.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Hong Kong WERE (2021 - 2022):
China-$62.1M (-79.2%)
Singapore-$287k (-92.9%)
Cambodia-$258k (-78%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Pharmaceutical Rubber Products were:
In 2022, Hong Kong's main importing competitors in Pharmaceutical Rubber Products were:

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $290k
TOP IMPORT POTENTIALChina+ $2.11M

Pharmaceutical Rubber Products’s highest export potential is United States. With an export gap of $290k.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $2.11M.

See methodology.

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