2022
Exports
$3.76MWorld Rnk 31 / 106
Flag Rnk 1383 / 4349
falsefalse Australia
2022
Imports
$36.5MWorld Rnk 14 / 168
Flag Rnk 739 / 4451
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $3.76M in Tower cranes, making it the 31st largest exporter of Tower cranes in the world. At the same year, Tower cranes was the 1383rd most exported product in Hong Kong. The main destination of Tower cranes exports from Hong Kong are: Australia ($1.04M), Chinese Taipei ($824k), Singapore ($823k), Macau ($511k), and Uzbekistan ($239k).

The fastest growing export markets for Tower cranes of Hong Kong between 2021 and 2022 were Singapore ($510k), Macau ($446k), and Uzbekistan ($239k).

Imports In 2022, Hong Kong imported $36.5M in Tower cranes, becoming the 14th largest importer of Tower cranes in the world. At the same year, Tower cranes was the 739th most imported product in Hong Kong. Hong Kong imports Tower cranes primarily from: China ($22.6M), Italy ($8.45M), United Arab Emirates ($1.26M), France ($1.15M), and Singapore ($871k).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1.2k), Panasonic (659), and John Deere (460) were at the forefront of shipping Tower cranes 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 Tower cranes. 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)$3.76M
IMPORTS (2022)$36.5M
NET TRADE (2022)-$32.8M

In 2022, Hong Kong exported $3.76M in Tower cranes. The main destinations of Hong Kong exports on Tower cranes were Australia ($1.04M), Chinese Taipei ($824k), Singapore ($823k), Macau ($511k), and Uzbekistan ($239k).

In 2022, Hong Kong imported $36.5M in Tower cranes, mainly from China ($22.6M), Italy ($8.45M), United Arab Emirates ($1.26M), France ($1.15M), and Singapore ($871k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tower cranes EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
Singapore$510k (163%)
Macau$446k (694%)
Uzbekistan$239k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tower cranes BY Hong Kong WERE (2021 - 2022):
Israel-$518k (-100%)
Thailand-$179k (-100%)
Australia-$82.4k (-7.35%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tower cranes by Exporters

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