2022
Exports
$84.1MWorld Rnk 47 / 203
Flag Rnk 150 / 1177
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$190MWorld Rnk 71 / 225
Flag Rnk 203 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $84.1M in Rubber Tires, making it the 47th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 150th most exported product in Hong Kong. The main destination of Rubber Tires exports from Hong Kong are: China ($23.8M), Chinese Taipei ($7.51M), Israel ($7.5M), Netherlands ($3M), and Jamaica ($2.41M).

The fastest growing export markets for Rubber Tires of Hong Kong between 2021 and 2022 were Chinese Taipei ($1.99M), Uzbekistan ($1.85M), and Jamaica ($1.79M).

Imports In 2022, Hong Kong imported $190M in Rubber Tires, becoming the 71st largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 203rd most imported product in Hong Kong. Hong Kong imports Rubber Tires primarily from: China ($27M), Japan ($26.6M), Thailand ($25.5M), Italy ($18.9M), and Netherlands ($14.8M).

The fastest growing import markets in Rubber Tires for Hong Kong between 2021 and 2022 were Italy ($5.83M), Thailand ($2.6M), and South Korea ($2.38M).

COMPANIES In 2023, leading companies such as John Deere (19), Yokohama Industries (10), and Sumitomo Rubber (7) were at the forefront of shipping Rubber Tires from Hong Kong to the United States.

Latest Trends

Nov 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 Rubber Tires. 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)$84.1M
IMPORTS (2022)$190M
NET TRADE (2022)-$106M

In 2022, Hong Kong exported $84.1M in Rubber Tires. The main destinations of Hong Kong exports on Rubber Tires were China ($23.8M), Chinese Taipei ($7.51M), Israel ($7.5M), Netherlands ($3M), and Jamaica ($2.41M).

In 2022, Hong Kong imported $190M in Rubber Tires, mainly from China ($27M), Japan ($26.6M), Thailand ($25.5M), Italy ($18.9M), and Netherlands ($14.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Chinese Taipei$1.99M (36%)
Uzbekistan$1.85M (6.34k%)
Jamaica$1.79M (291%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Hong Kong WERE (2021 - 2022):
China-$6.64M (-21.8%)
Nigeria-$5.3M (-89.1%)
Australia-$2.33M (-88.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.5M
TOP IMPORT POTENTIALChina+ $41.5M

Rubber Tires’s highest export potential is China. With an export gap of $10.5M.   Rubber Tires’s highest import potential is China with an import gap of $41.5M.

See methodology.

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