2023
Exports
$619MWorld Rnk 12 / 110
Flag Rnk 26 / 1181
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$4.63BWorld Rnk 6 / 146
Flag Rnk 17 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $619M in Platinum, making it the 12th largest exporter of Platinum in the world. At the same year, Platinum was the 26th most exported product in Hong Kong. The main destination of Platinum exports from Hong Kong are: China ($249M), Japan ($145M), Switzerland ($98.3M), United Kingdom ($45.6M), and Australia ($21.6M).

The fastest growing export markets for Platinum of Hong Kong between 2022 and 2023 were Japan ($56.2M), Australia ($13.5M), and Italy ($10.5M).

Imports In 2023, Hong Kong imported $4.63B in Platinum, becoming the 6th largest importer of Platinum in the world. At the same year, Platinum was the 17th most imported product in Hong Kong. Hong Kong imports Platinum primarily from: Russia ($2.29B), South Africa ($1.04B), United Kingdom ($467M), Japan ($278M), and Armenia ($160M).

The fastest growing import markets in Platinum for Hong Kong between 2022 and 2023 were Russia ($1.28B), South Africa ($232M), and Armenia ($160M).

COMPANIES In 2024, leading companies such as Cloud Network Technology (1) were at the forefront of shipping Platinum from Hong Kong to the United States.

Latest Trends

Dec 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 (2023)$619M
IMPORTS (2023)$4.63B
NET TRADE (2023)-$4.01B

In 2023, Hong Kong exported $619M in Platinum. The main destinations of Hong Kong exports on Platinum were China ($249M), Japan ($145M), Switzerland ($98.3M), United Kingdom ($45.6M), and Australia ($21.6M).

In 2023, Hong Kong imported $4.63B in Platinum, mainly from Russia ($2.29B), South Africa ($1.04B), United Kingdom ($467M), Japan ($278M), and Armenia ($160M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Japan$56.2M (63.5%)
Australia$13.5M (167%)
Italy$10.5M (5.22M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Hong Kong WERE (2022 - 2023):
United Kingdom-$100M (-68.8%)
Switzerland-$64.7M (-39.7%)
China-$49.9M (-16.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Platinum were:
In 2023, 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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