2022
Exports
$94.3MWorld Rnk 56 / 152
Flag Rnk 136 / 1177
falsefalse China
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$214MWorld Rnk 45 / 187
Flag Rnk 189 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $94.3M in Raw Aluminium, making it the 56th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 136th most exported product in Hong Kong. The main destination of Raw Aluminium exports from Hong Kong are: China ($73.1M), Malaysia ($7.88M), Chinese Taipei ($4.98M), Belgium ($1.79M), and Bahrain ($1.62M).

The fastest growing export markets for Raw Aluminium of Hong Kong between 2021 and 2022 were China ($43.5M), Chinese Taipei ($4.65M), and Belgium ($1.79M).

Imports In 2022, Hong Kong imported $214M in Raw Aluminium, becoming the 45th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 189th most imported product in Hong Kong. Hong Kong imports Raw Aluminium primarily from: China ($101M), South Africa ($26.1M), Montenegro ($21.7M), Malaysia ($12.8M), and Australia ($10M).

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 Raw Aluminium. 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)$94.3M
IMPORTS (2022)$214M
NET TRADE (2022)-$120M

In 2022, Hong Kong exported $94.3M in Raw Aluminium. The main destinations of Hong Kong exports on Raw Aluminium were China ($73.1M), Malaysia ($7.88M), Chinese Taipei ($4.98M), Belgium ($1.79M), and Bahrain ($1.62M).

In 2022, Hong Kong imported $214M in Raw Aluminium, mainly from China ($101M), South Africa ($26.1M), Montenegro ($21.7M), Malaysia ($12.8M), and Australia ($10M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$43.5M (147%)
Chinese Taipei$4.65M (1.42k%)
Belgium$1.79M (3.65M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Hong Kong WERE (2021 - 2022):
Tanzania-$1.43M (-100%)
Malaysia-$677k (-7.91%)
United States-$537k (-60.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Hong Kong's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $28.7M
TOP IMPORT POTENTIALMalaysia+ $5.27M

Raw Aluminium’s highest export potential is China. With an export gap of $28.7M.   Raw Aluminium’s highest import potential is Malaysia with an import gap of $5.27M.

See methodology.

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