2022
Exports | Imports
$4.82M | $6.66MWorld Rnk 27 / 166
Flag Rnk 645 / 1177
World Rnk 38 / 214
Flag Rnk 780 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
0.99Rnk 26 / 124
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 78 / 1025

About

Exports In 2022, Hong Kong exported $4.82M in Soldering and Welding Machinery, making it the 27th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 645th most exported product in Hong Kong. The main destination of Soldering and Welding Machinery exports from Hong Kong are: Malaysia ($3.07M), China ($652k), United States ($273k), India ($168k), and Egypt ($124k).

The fastest growing export markets for Soldering and Welding Machinery of Hong Kong between 2021 and 2022 were Malaysia ($1.58M), Egypt ($124k), and United Kingdom ($54.9k).

Imports In 2022, Hong Kong imported $6.66M in Soldering and Welding Machinery, becoming the 38th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 780th most imported product in Hong Kong. Hong Kong imports Soldering and Welding Machinery primarily from: China ($2.57M), Austria ($2.34M), United States ($369k), Chinese Taipei ($283k), and Netherlands ($258k).

The fastest growing import markets in Soldering and Welding Machinery for Hong Kong between 2021 and 2022 were China ($567k), Netherlands ($242k), and Chinese Taipei ($144k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soldering and Welding Machinery from Hong Kong to the United States.

Latest Trends

Feb 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 Soldering and Welding Machinery. 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)$4.82M
IMPORTS (2022)$6.66M
NET TRADE (2022)-$1.84M

In 2022, Hong Kong exported $4.82M in Soldering and Welding Machinery. The main destinations of Hong Kong exports on Soldering and Welding Machinery were Malaysia ($3.07M), China ($652k), United States ($273k), India ($168k), and Egypt ($124k).

In 2022, Hong Kong imported $6.66M in Soldering and Welding Machinery, mainly from China ($2.57M), Austria ($2.34M), United States ($369k), Chinese Taipei ($283k), and Netherlands ($258k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Malaysia$1.58M (106%)
Egypt$124k (1%)
United Kingdom$54.9k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Hong Kong WERE (2021 - 2022):
China-$544k (-45.5%)
Japan-$175k (-98.8%)
India-$140k (-45.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Hong Kong's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

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