2022
Exports
$478MWorld Rnk 14 / 143
Flag Rnk 37 / 1177
2022
PRODUCT COMPLEXITY IN Styrene Polymers
0.75Rnk 262 / 1025
2022
Imports
$404MWorld Rnk 17 / 205
Flag Rnk 117 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $478M in Styrene Polymers, making it the 14th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 37th most exported product in Hong Kong. The main destination of Styrene Polymers exports from Hong Kong are: China ($418M), Vietnam ($11M), Malaysia ($10.1M), Israel ($9.14M), and Philippines ($6.63M).

The fastest growing export markets for Styrene Polymers of Hong Kong between 2021 and 2022 were Israel ($9.02M), Philippines ($4.44M), and Vietnam ($2.34M).

Imports In 2022, Hong Kong imported $404M in Styrene Polymers, becoming the 17th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 117th most imported product in Hong Kong. Hong Kong imports Styrene Polymers primarily from: Chinese Taipei ($237M), South Korea ($88.5M), Japan ($18.9M), Thailand ($13.4M), and Malaysia ($11.4M).

The fastest growing import markets in Styrene Polymers for Hong Kong between 2021 and 2022 were Vietnam ($3.48M), Hungary ($1.27M), and Finland ($127k).

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 Styrene Polymers. 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)$478M
IMPORTS (2022)$404M
NET TRADE (2022)$74M

In 2022, Hong Kong exported $478M in Styrene Polymers. The main destinations of Hong Kong exports on Styrene Polymers were China ($418M), Vietnam ($11M), Malaysia ($10.1M), Israel ($9.14M), and Philippines ($6.63M).

In 2022, Hong Kong imported $404M in Styrene Polymers, mainly from Chinese Taipei ($237M), South Korea ($88.5M), Japan ($18.9M), Thailand ($13.4M), and Malaysia ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Israel$9.02M (7.66k%)
Philippines$4.44M (203%)
Vietnam$2.34M (27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Hong Kong WERE (2021 - 2022):
China-$114M (-21.4%)
Iran-$5.77M (-98.7%)
Malaysia-$4.35M (-30.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Styrene Polymers were:
In 2022, Hong Kong's main importing competitors in Styrene Polymers were:

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Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $26M
TOP IMPORT POTENTIALChina+ $12.8M

Styrene Polymers’s highest export potential is China. With an export gap of $26M.   Styrene Polymers’s highest import potential is China with an import gap of $12.8M.

See methodology.

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