2023
Exports
$1.84BWorld Rnk 4 / 136
Flag Rnk 9 / 1181
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$2.87BWorld Rnk 3 / 179
Flag Rnk 25 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.84B in Silver, making it the 4th largest exporter of Silver in the world. At the same year, Silver was the 9th most exported product in Hong Kong. The main destination of Silver exports from Hong Kong are: United Kingdom ($481M), Chinese Taipei ($418M), India ($237M), Switzerland ($202M), and Australia ($156M).

The fastest growing export markets for Silver of Hong Kong between 2022 and 2023 were India ($215M), Chinese Taipei ($159M), and United Arab Emirates ($151M).

Imports In 2023, Hong Kong imported $2.87B in Silver, becoming the 3rd largest importer of Silver in the world. At the same year, Silver was the 25th most imported product in Hong Kong. Hong Kong imports Silver primarily from: China ($2.01B), Chinese Taipei ($420M), Russia ($182M), South Korea ($127M), and Greece ($30M).

The fastest growing import markets in Silver for Hong Kong between 2022 and 2023 were Chinese Taipei ($243M), Russia ($169M), and South Korea ($34.5M).

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 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 (2023)$1.84B
IMPORTS (2023)$2.87B
NET TRADE (2023)-$1.03B

In 2023, Hong Kong exported $1.84B in Silver. The main destinations of Hong Kong exports on Silver were United Kingdom ($481M), Chinese Taipei ($418M), India ($237M), Switzerland ($202M), and Australia ($156M).

In 2023, Hong Kong imported $2.87B in Silver, mainly from China ($2.01B), Chinese Taipei ($420M), Russia ($182M), South Korea ($127M), and Greece ($30M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
India$215M (945%)
Chinese Taipei$159M (61.7%)
United Arab Emirates$151M (7.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Hong Kong WERE (2022 - 2023):
Australia-$167M (-51.6%)
Netherlands-$15.1M (-100%)
Malaysia-$2.16M (-75.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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