2022
Exports
$12.4MWorld Rnk 57 / 187
Flag Rnk 445 / 1177
2022
PRODUCT COMPLEXITY IN Small Iron Containers
-0.092Rnk 578 / 1025
2022
Imports
$67.2MWorld Rnk 29 / 221
Flag Rnk 359 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $12.4M in Small Iron Containers, making it the 57th largest exporter of Small Iron Containers in the world. At the same year, Small Iron Containers was the 445th most exported product in Hong Kong. The main destination of Small Iron Containers exports from Hong Kong are: United Kingdom ($2.19M), Fiji ($1.61M), South Korea ($1.31M), Vietnam ($1.01M), and Brazil ($787k).

The fastest growing export markets for Small Iron Containers of Hong Kong between 2021 and 2022 were Fiji ($1.61M), United Kingdom ($1.49M), and Sri Lanka ($234k).

Imports In 2022, Hong Kong imported $67.2M in Small Iron Containers, becoming the 29th largest importer of Small Iron Containers in the world. At the same year, Small Iron Containers was the 359th most imported product in Hong Kong. Hong Kong imports Small Iron Containers primarily from: China ($56.8M), South Korea ($3.39M), Poland ($2.61M), United States ($1.16M), and Italy ($1.16M).

The fastest growing import markets in Small Iron Containers for Hong Kong between 2021 and 2022 were China ($15.7M), Poland ($1.62M), and United States ($975k).

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 Small Iron Containers. 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)$12.4M
IMPORTS (2022)$67.2M
NET TRADE (2022)-$54.8M

In 2022, Hong Kong exported $12.4M in Small Iron Containers. The main destinations of Hong Kong exports on Small Iron Containers were United Kingdom ($2.19M), Fiji ($1.61M), South Korea ($1.31M), Vietnam ($1.01M), and Brazil ($787k).

In 2022, Hong Kong imported $67.2M in Small Iron Containers, mainly from China ($56.8M), South Korea ($3.39M), Poland ($2.61M), United States ($1.16M), and Italy ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Small Iron Containers EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Fiji$1.61M (410k%)
United Kingdom$1.49M (210%)
Sri Lanka$234k (87%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Small Iron Containers BY Hong Kong WERE (2021 - 2022):
South Korea-$2.94M (-69.1%)
China-$659k (-70.3%)
Japan-$554k (-68.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Small Iron Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $609k
TOP IMPORT POTENTIALChina+ $3.43M

Small Iron Containers’s highest export potential is United States. With an export gap of $609k.   Small Iron Containers’s highest import potential is China with an import gap of $3.43M.

See methodology.

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