2022
Exports
$5.87MWorld Rnk 34 / 84
Flag Rnk 591 / 1177
2022
PRODUCT COMPLEXITY IN Tug Boats
-0.93Rnk 819 / 1025
2022
Imports
$22MWorld Rnk 26 / 141
Flag Rnk 555 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $5.87M in Tug Boats, making it the 34th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 591st most exported product in Hong Kong. The main destination of Tug Boats exports from Hong Kong are: China ($5.87M).

The fastest growing export markets for Tug Boats of Hong Kong between 2021 and 2022 were China ($2.52M).

Imports In 2022, Hong Kong imported $22M in Tug Boats, becoming the 26th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 555th most imported product in Hong Kong. Hong Kong imports Tug Boats primarily from: China ($20.3M), Germany ($1.41M), South Korea ($348k), and Australia ($1.69k).

The fastest growing import markets in Tug Boats for Hong Kong between 2021 and 2022 were China ($2.35M), Germany ($1.41M), and South Korea ($348k).

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 Tug Boats. 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)$5.87M
IMPORTS (2022)$22M
NET TRADE (2022)-$16.2M

In 2022, Hong Kong exported $5.87M in Tug Boats. The main destinations of Hong Kong exports on Tug Boats were China ($5.87M).

In 2022, Hong Kong imported $22M in Tug Boats, mainly from China ($20.3M), Germany ($1.41M), South Korea ($348k), and Australia ($1.69k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):China$2.52M (75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Hong Kong WERE (2021 - 2022):
Chile-$6.79M (-100%)
United Kingdom-$2.44k (-100%)
Thailand-$98 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.5k
TOP IMPORT POTENTIALSouth Korea+ $243k

Tug Boats’s highest export potential is India. With an export gap of $2.5k.   Tug Boats’s highest import potential is South Korea with an import gap of $243k.

See methodology.

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