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2022
Exports $1.09MWorld Rnk 44 / 104
Flag Rnk 875 / 1177
2022
Destination $375k China
2021 - 2022
FASTEST GROWING MARKET $375kChina
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2022
Imports $961kWorld Rnk 58 / 180
Flag Rnk 1031 / 1207
2022
Origin $199k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $199kGermany
2022
ECONOMIC COMPLEXITY of Hong Kong1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $1.09M in Stainless Steel Ingots, making it the 44th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 875th most exported product in Hong Kong. The main destination of Stainless Steel Ingots exports from Hong Kong are: China ($380k), Indonesia ($372k), United Kingdom ($104k), United States ($91k), and Chinese Taipei ($36.1k).

The fastest growing export markets for Stainless Steel Ingots of Hong Kong between 2021 and 2022 were China ($375k), United Kingdom ($58.7k), and Philippines ($28.9k).

Imports In 2022, Hong Kong imported $961k in Stainless Steel Ingots, becoming the 58th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1031st most imported product in Hong Kong. Hong Kong imports Stainless Steel Ingots primarily from: Chinese Taipei ($248k), United States ($226k), Germany ($202k), Vietnam ($167k), and United Kingdom ($58k).

The fastest growing import markets in Stainless Steel Ingots for Hong Kong between 2021 and 2022 were Germany ($199k), Vietnam ($167k), and United States ($140k).

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 Stainless Steel Ingots. 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)$1.09M
IMPORTS (2022)$961k
NET TRADE (2022)$133k

In 2022, Hong Kong exported $1.09M in Stainless Steel Ingots. The main destinations of Hong Kong exports on Stainless Steel Ingots were China ($380k), Indonesia ($372k), United Kingdom ($104k), United States ($91k), and Chinese Taipei ($36.1k).

In 2022, Hong Kong imported $961k in Stainless Steel Ingots, mainly from Chinese Taipei ($248k), United States ($226k), Germany ($202k), Vietnam ($167k), and United Kingdom ($58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$375k (8.24k%)
United Kingdom$58.7k (128%)
Philippines$28.9k (1.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Hong Kong WERE (2021 - 2022):
Netherlands-$283k (-95.9%)
Indonesia-$139k (-27.3%)
Singapore-$64.6k (-99.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Hong Kong's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $741k
TOP IMPORT POTENTIALUnited Kingdom+ $66.2k

Stainless Steel Ingots’s highest export potential is China. With an export gap of $741k.   Stainless Steel Ingots’s highest import potential is United Kingdom with an import gap of $66.2k.

See methodology.

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