2022
Exports
$893MWorld Rnk 12 / 94
Flag Rnk 16 / 1177
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$3.72BWorld Rnk 7 / 143
Flag Rnk 18 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $893M in Platinum, making it the 12th largest exporter of Platinum in the world. At the same year, Platinum was the 16th most exported product in Hong Kong. The main destination of Platinum exports from Hong Kong are: China ($353M), Switzerland ($163M), United Kingdom ($146M), Japan ($88.5M), and United States ($35.6M).

The fastest growing export markets for Platinum of Hong Kong between 2021 and 2022 were China ($205M), United Kingdom ($89.3M), and Egypt ($21.5M).

Imports In 2022, Hong Kong imported $3.72B in Platinum, becoming the 7th largest importer of Platinum in the world. At the same year, Platinum was the 18th most imported product in Hong Kong. Hong Kong imports Platinum primarily from: United Kingdom ($1.1B), Russia ($1.01B), South Africa ($771M), Japan ($262M), and United States ($225M).

The fastest growing import markets in Platinum for Hong Kong between 2021 and 2022 were Russia ($210M), Singapore ($29.1M), and United States ($28.1M).

Latest Trends

Aug 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 Platinum. 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)$893M
IMPORTS (2022)$3.72B
NET TRADE (2022)-$2.83B

In 2022, Hong Kong exported $893M in Platinum. The main destinations of Hong Kong exports on Platinum were China ($353M), Switzerland ($163M), United Kingdom ($146M), Japan ($88.5M), and United States ($35.6M).

In 2022, Hong Kong imported $3.72B in Platinum, mainly from United Kingdom ($1.1B), Russia ($1.01B), South Africa ($771M), Japan ($262M), and United States ($225M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$205M (139%)
United Kingdom$89.3M (157%)
Egypt$21.5M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Hong Kong WERE (2021 - 2022):
South Korea-$131M (-96.1%)
Japan-$94.9M (-51.8%)
Switzerland-$91.3M (-35.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $120M
TOP IMPORT POTENTIALBelgium+ $18.9M

Platinum’s highest export potential is China. With an export gap of $120M.   Platinum’s highest import potential is Belgium with an import gap of $18.9M.

See methodology.

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