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Exports In 2022, Hong Kong exported $876k in Tools for turning, making it the 33rd largest exporter of Tools for turning in the world. At the same year, Tools for turning was the 2478th most exported product in Hong Kong. The main destination of Tools for turning exports from Hong Kong are: Turkey ($186k), Ireland ($137k), China ($137k), France ($90.4k), and Mexico ($65.2k).

The fastest growing export markets for Tools for turning of Hong Kong between 2021 and 2022 were Ireland ($136k), Turkey ($119k), and France ($81.2k).

Imports In 2022, Hong Kong imported $21.5M in Tools for turning, becoming the 7th largest importer of Tools for turning in the world. At the same year, Tools for turning was the 1004th most imported product in Hong Kong. Hong Kong imports Tools for turning primarily from: Japan ($15.7M), Ireland ($2.4M), Germany ($1.48M), China ($578k), and United States ($367k).

The fastest growing import markets in Tools for turning for Hong Kong between 2021 and 2022 were China ($309k), United States ($303k), and Singapore ($187k).

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

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 Tools for turning. 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)$876k
IMPORTS (2022)$21.5M
NET TRADE (2022)-$20.6M

In 2022, Hong Kong exported $876k in Tools for turning. The main destinations of Hong Kong exports on Tools for turning were Turkey ($186k), Ireland ($137k), China ($137k), France ($90.4k), and Mexico ($65.2k).

In 2022, Hong Kong imported $21.5M in Tools for turning, mainly from Japan ($15.7M), Ireland ($2.4M), Germany ($1.48M), China ($578k), and United States ($367k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools for turning EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Ireland$136k (9.97k%)
Turkey$119k (178%)
France$81.2k (877%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools for turning BY Hong Kong WERE (2021 - 2022):
Norway-$110k (-100%)
Malaysia-$47.3k (-100%)
Mexico-$25.9k (-28.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Tools for turning were:
Japan $177M
Germany $76.4M
China $64.3M
In 2022, Hong Kong's main importing competitors in Tools for turning were:

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Trade Value of Tools for turning by Exporters

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