2022
Exports
$1.31BWorld Rnk 10 / 144
Flag Rnk 12 / 1177
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$2.95BWorld Rnk 3 / 182
Flag Rnk 22 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.31B in Silver, making it the 10th largest exporter of Silver in the world. At the same year, Silver was the 12th most exported product in Hong Kong. The main destination of Silver exports from Hong Kong are: United Kingdom ($371M), Australia ($323M), Chinese Taipei ($259M), Switzerland ($194M), and India ($35.5M).

The fastest growing export markets for Silver of Hong Kong between 2021 and 2022 were Australia ($236M), Netherlands ($15.1M), and Vietnam ($644k).

Imports In 2022, Hong Kong imported $2.95B in Silver, becoming the 3rd largest importer of Silver in the world. At the same year, Silver was the 22nd most imported product in Hong Kong. Hong Kong imports Silver primarily from: China ($2.48B), Chinese Taipei ($182M), South Korea ($111M), Japan ($52.3M), and Indonesia ($34.4M).

The fastest growing import markets in Silver for Hong Kong between 2021 and 2022 were Switzerland ($31.4M), Indonesia ($21.6M), and Russia ($12.3M).

Latest Trends

Oct 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 Silver. 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)$1.31B
IMPORTS (2022)$2.95B
NET TRADE (2022)-$1.65B

In 2022, Hong Kong exported $1.31B in Silver. The main destinations of Hong Kong exports on Silver were United Kingdom ($371M), Australia ($323M), Chinese Taipei ($259M), Switzerland ($194M), and India ($35.5M).

In 2022, Hong Kong imported $2.95B in Silver, mainly from China ($2.48B), Chinese Taipei ($182M), South Korea ($111M), Japan ($52.3M), and Indonesia ($34.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Australia$236M (272%)
Netherlands$15.1M (593k%)
Vietnam$644k (43.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Hong Kong WERE (2021 - 2022):
United Kingdom-$2.91B (-88.7%)
India-$695M (-95.1%)
Chinese Taipei-$207M (-44.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.1M
TOP IMPORT POTENTIALJapan+ $14M

Silver’s highest export potential is United States. With an export gap of $26.1M.   Silver’s highest import potential is Japan with an import gap of $14M.

See methodology.

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