2023
Exports
$1.14MWorld Rnk 45 / 103
Flag Rnk 845 / 1181
2023
PRODUCT COMPLEXITY IN Stainless Steel Ingots
1.04Rnk 163 / 1025
2023
Imports
$705kWorld Rnk 55 / 173
Flag Rnk 1032 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.14M in Stainless Steel Ingots, making it the 45th largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 845th most exported product in Hong Kong. The main destination of Stainless Steel Ingots exports from Hong Kong are: Indonesia ($861k), China ($146k), United Kingdom ($48.3k), United States ($31.5k), and Chinese Taipei ($28.6k).

The fastest growing export markets for Stainless Steel Ingots of Hong Kong between 2022 and 2023 were Indonesia ($474k), Singapore ($6.57k), and Malaysia ($5.73k).

Imports In 2023, Hong Kong imported $705k in Stainless Steel Ingots, becoming the 55th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 1032nd most imported product in Hong Kong. Hong Kong imports Stainless Steel Ingots primarily from: United States ($381k), China ($134k), Chinese Taipei ($101k), Germany ($34.2k), and Japan ($28.1k).

The fastest growing import markets in Stainless Steel Ingots for Hong Kong between 2022 and 2023 were United States ($155k), China ($118k), and Sweden ($3.11k).

Latest Trends

Jan 2025

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 (2023)$1.14M
IMPORTS (2023)$705k
NET TRADE (2023)$439k

In 2023, Hong Kong exported $1.14M in Stainless Steel Ingots. The main destinations of Hong Kong exports on Stainless Steel Ingots were Indonesia ($861k), China ($146k), United Kingdom ($48.3k), United States ($31.5k), and Chinese Taipei ($28.6k).

In 2023, Hong Kong imported $705k in Stainless Steel Ingots, mainly from United States ($381k), China ($134k), Chinese Taipei ($101k), Germany ($34.2k), and Japan ($28.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Indonesia$474k (122%)
Singapore$6.57k (2.07k%)
Malaysia$5.73k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Hong Kong WERE (2022 - 2023):
China-$234k (-61.6%)
United Kingdom-$62.2k (-56.3%)
United States-$59.5k (-65.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Stainless Steel Ingots were:
In 2023, Hong Kong's main importing competitors in Stainless Steel Ingots were:
India $1.42B
China $1.25B

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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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