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Exports In 2022, Hong Kong exported $786k in Spades and shovels, making it the 32nd largest exporter of Spades and shovels in the world. At the same year, Spades and shovels was the 2541st most exported product in Hong Kong. The main destination of Spades and shovels exports from Hong Kong are: United States ($450k), Mozambique ($51.9k), China ($40.1k), Timor-Leste ($28.7k), and Tanzania ($23.9k).

The fastest growing export markets for Spades and shovels of Hong Kong between 2021 and 2022 were United States ($443k), China ($38.8k), and Barbados ($14.6k).

Imports In 2022, Hong Kong imported $357k in Spades and shovels, becoming the 133rd largest importer of Spades and shovels in the world. At the same year, Spades and shovels was the 3533rd most imported product in Hong Kong. Hong Kong imports Spades and shovels primarily from: China ($310k), United Kingdom ($35.3k), Japan ($4.01k), Chinese Taipei ($2.79k), and Germany ($1.48k).

The fastest growing import markets in Spades and shovels for Hong Kong between 2021 and 2022 were United Kingdom ($34k), Chinese Taipei ($2.79k), and Israel ($1k).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1.2k), Panasonic (659), and John Deere (460) were at the forefront of shipping Spades and shovels from Hong Kong to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$786k
IMPORTS (2022)$357k
NET TRADE (2022)$429k

In 2022, Hong Kong exported $786k in Spades and shovels. The main destinations of Hong Kong exports on Spades and shovels were United States ($450k), Mozambique ($51.9k), China ($40.1k), Timor-Leste ($28.7k), and Tanzania ($23.9k).

In 2022, Hong Kong imported $357k in Spades and shovels, mainly from China ($310k), United Kingdom ($35.3k), Japan ($4.01k), Chinese Taipei ($2.79k), and Germany ($1.48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spades and shovels EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
United States$443k (6.52k%)
China$38.8k (2.97k%)
Barbados$14.6k (218%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spades and shovels BY Hong Kong WERE (2021 - 2022):
Denmark-$170k (-99.7%)
United Kingdom-$60.2k (-74.8%)
Mozambique-$46.1k (-47.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Spades and shovels were:
China $470M
Mexico $40.8M
Brazil $19.4M
In 2022, Hong Kong's main importing competitors in Spades and shovels were:

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Trade Value of Spades and shovels by Exporters

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