2022
Exports
$886MWorld Rnk 8 / 177
Flag Rnk 17 / 1177
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$1BWorld Rnk 10 / 118
Flag Rnk 59 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $886M in Precious Metal Scraps, making it the 8th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 17th most exported product in Hong Kong. The main destination of Precious Metal Scraps exports from Hong Kong are: United Arab Emirates ($773M), Japan ($60.2M), Thailand ($26.2M), Switzerland ($10.5M), and United Kingdom ($9.14M).

The fastest growing export markets for Precious Metal Scraps of Hong Kong between 2021 and 2022 were United Arab Emirates ($92.6M), Thailand ($15.8M), and Malaysia ($874k).

Imports In 2022, Hong Kong imported $1B in Precious Metal Scraps, becoming the 10th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 59th most imported product in Hong Kong. Hong Kong imports Precious Metal Scraps primarily from: Philippines ($654M), Singapore ($294M), Japan ($12.6M), Chinese Taipei ($7.42M), and Australia ($5.69M).

The fastest growing import markets in Precious Metal Scraps for Hong Kong between 2021 and 2022 were Philippines ($188M), Singapore ($13.8M), and Japan ($7.81M).

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 Precious Metal Scraps. 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)$886M
IMPORTS (2022)$1B
NET TRADE (2022)-$115M

In 2022, Hong Kong exported $886M in Precious Metal Scraps. The main destinations of Hong Kong exports on Precious Metal Scraps were United Arab Emirates ($773M), Japan ($60.2M), Thailand ($26.2M), Switzerland ($10.5M), and United Kingdom ($9.14M).

In 2022, Hong Kong imported $1B in Precious Metal Scraps, mainly from Philippines ($654M), Singapore ($294M), Japan ($12.6M), Chinese Taipei ($7.42M), and Australia ($5.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United Arab Emirates$92.6M (13.6%)
Thailand$15.8M (151%)
Malaysia$874k (4.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Hong Kong WERE (2021 - 2022):
Switzerland-$211M (-95.3%)
United Kingdom-$45.1M (-83.2%)
Chinese Taipei-$23.7M (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Precious Metal Scraps were:
In 2022, Hong Kong's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $23.7M
TOP IMPORT POTENTIALIndonesia+ $10.8M

Precious Metal Scraps’s highest export potential is Japan. With an export gap of $23.7M.   Precious Metal Scraps’s highest import potential is Indonesia with an import gap of $10.8M.

See methodology.

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