2022
Exports
$4.36MWorld Rnk 17 / 153
Flag Rnk 668 / 1177
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$19.3MWorld Rnk 12 / 191
Flag Rnk 575 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $4.36M in Pianos, making it the 17th largest exporter of Pianos in the world. At the same year, Pianos was the 668th most exported product in Hong Kong. The main destination of Pianos exports from Hong Kong are: Macau ($2.08M), China ($1.56M), Singapore ($104k), Netherlands ($67.5k), and United Kingdom ($66.1k).

The fastest growing export markets for Pianos of Hong Kong between 2021 and 2022 were China ($1.21M), Singapore ($104k), and Australia ($50.9k).

Imports In 2022, Hong Kong imported $19.3M in Pianos, becoming the 12th largest importer of Pianos in the world. At the same year, Pianos was the 575th most imported product in Hong Kong. Hong Kong imports Pianos primarily from: Japan ($8.29M), Germany ($4.16M), China ($3.64M), United Kingdom ($738k), and Macau ($510k).

The fastest growing import markets in Pianos for Hong Kong between 2021 and 2022 were Germany ($837k), United Kingdom ($565k), and Belgium ($113k).

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 Pianos. 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)$4.36M
IMPORTS (2022)$19.3M
NET TRADE (2022)-$14.9M

In 2022, Hong Kong exported $4.36M in Pianos. The main destinations of Hong Kong exports on Pianos were Macau ($2.08M), China ($1.56M), Singapore ($104k), Netherlands ($67.5k), and United Kingdom ($66.1k).

In 2022, Hong Kong imported $19.3M in Pianos, mainly from Japan ($8.29M), Germany ($4.16M), China ($3.64M), United Kingdom ($738k), and Macau ($510k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$1.21M (347%)
Singapore$104k (1%)
Australia$50.9k (1.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Hong Kong WERE (2021 - 2022):
Macau-$337k (-13.9%)
United Kingdom-$107k (-61.8%)
Italy-$94.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $749k
TOP IMPORT POTENTIALChina+ $712k

Pianos’s highest export potential is China. With an export gap of $749k.   Pianos’s highest import potential is China with an import gap of $712k.

See methodology.

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